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An update from Japan Securities Finance Co ( (JP:8511) ) is now available.
Japan Securities Finance Co., Ltd. announced its FY2024 performance, achieving a consolidated ordinary profit of 12.5 billion yen and an ROE of 7.4%, aligning with its Seventh Medium-Term Management Plan goals. The company benefited from rising interest rates, which increased demand for its lending services, and it plans to maintain a proactive shareholder return policy with a target dividend payout ratio of 70% for FY2024 and FY2025.
More about Japan Securities Finance Co
Japan Securities Finance Co., Ltd. operates in the financial services industry, focusing on securities financing and trust banking services. The company is known for its niche strengths in managed trust services and aims to maintain a stable return on equity (ROE) while improving capital efficiency.
Average Trading Volume: 184,987
Technical Sentiment Signal: Buy
Current Market Cap: Yen145.2B
See more insights into 8511 stock on TipRanks’ Stock Analysis page.