Japan Post Bank to Create Integrated Asset Manager via Merger of JP Asset Management and Japan Post Investment

Japan Post Bank Co ( (JP:7182) ) just unveiled an announcement.

Japan Post Bank Co., Ltd. has resolved to establish Japan Post Bank Asset Management Co., Ltd. through an absorption-type merger of JP Asset Management Co., Ltd., which will be the surviving company, and Japan Post Investment Corporation, with Japan Post Bank and Japan Post Co., Ltd. as key shareholders. The new entity will integrate JP Asset Management’s retail investment trust business with Japan Post Investment’s private equity operations for institutional investors, aiming to offer more sophisticated asset management services and a broader range of products. By maintaining existing retail investment trust channels and private equity funds while expanding its product lineup and distribution network, and by utilizing the post office network, Japan Post Bank Asset Management is expected to strengthen the group’s profitability, deepen its client base, and reinforce its role amid Japan’s push to become a leading global asset management center.

The most recent analyst rating on (JP:7182) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on Japan Post Bank Co stock, see the JP:7182 Stock Forecast page.

More about Japan Post Bank Co

Japan Post Bank Co., Ltd. is a major Japanese financial institution listed on the Tokyo Stock Exchange Prime Market, operating within the banking and investment services industry. The bank focuses on retail financial services for individual customers across Japan and leverages the extensive Japan Post Group network, including post offices, to distribute savings and investment products such as investment trusts.

Average Trading Volume: 8,985,023

Technical Sentiment Signal: Buy

Current Market Cap: Yen8825.2B

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