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Mercuria Holdings Co., Ltd. ( (JP:7347) ) has shared an announcement.
Mercuria Holdings Co., Ltd. reported a loss on valuation of operational investment securities amounting to 664 million yen due to its buyout fund’s performance in the fourth quarter of 2024. Consequently, the company revised its earnings forecast for the year, reflecting a significant decrease in expected profits compared to previous estimates. This has led to the cancellation of performance-related compensation for its top executives, although the dividend forecast remains unchanged.
More about Mercuria Holdings Co., Ltd.
Mercuria Holdings Co., Ltd. operates in the financial services industry, focusing on fund management and principal investments. The company manages and operates funds, including buyout funds, as part of its core business activities.
YTD Price Performance: -3.30%
Average Trading Volume: 95,342
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen14.78B
For an in-depth examination of 7347 stock, go to TipRanks’ Stock Analysis page.