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Monex Group Maintains Independence Despite Major Shareholder

Story Highlights
  • Monex Group operates independently despite Shizuoka Financial Group’s 20.21% stake.
  • No significant transactions with controlling shareholders for fiscal year ending March 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Monex Group Maintains Independence Despite Major Shareholder

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Monex Group ( (JP:8698) ) has issued an announcement.

Monex Group, Inc. announced its relationship with Shizuoka Financial Group, Inc., which holds a 20.21% voting rights stake, categorizing it as an ‘other affiliated company.’ Despite Shizuoka being the largest shareholder, Monex maintains operational independence, and there are no significant transactions requiring disclosure for the fiscal year ending March 2025.

The most recent analyst rating on (JP:8698) stock is a Hold with a Yen1380.00 price target. To see the full list of analyst forecasts on Monex Group stock, see the JP:8698 Stock Forecast page.

More about Monex Group

Monex Group, Inc. operates in the financial services industry, focusing on providing a range of financial products and services. The company is known for its online brokerage services and operates primarily in the Japanese market.

YTD Price Performance: -24.27%

Average Trading Volume: 3,179,045

Technical Sentiment Signal: Hold

Current Market Cap: Yen178B

Learn more about 8698 stock on TipRanks’ Stock Analysis page.

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