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Kyushu Financial Group ( (JP:7180) ) has issued an announcement.
Kyushu Financial Group’s subsidiary, The Kagoshima Bank, Ltd., plans to acquire Pastem Solutions, Ltd., a company engaged in ICT solutions, to enhance its digital strategy and support regional digitalization. This acquisition aims to expand the bank’s digital solutions business and contribute to regional economic revitalization, although it is expected to have a minor impact on the company’s financial results.
More about Kyushu Financial Group
Kyushu Financial Group operates in the financial services industry, primarily focusing on banking through its subsidiary, The Kagoshima Bank, Ltd. The group is committed to leading the digitalization of regional communities, addressing challenges such as population decline and industrial hollowing.
Average Trading Volume: 1,519,340
Technical Sentiment Signal: Buy
Current Market Cap: Yen316B
For a thorough assessment of 7180 stock, go to TipRanks’ Stock Analysis page.