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Money Forward ( (JP:3994) ) just unveiled an announcement.
Money Forward, Inc. has announced an extraordinary loss due to a notice of non-payment of insurance claims received by its subsidiary, Money Forward Kessai Co., Ltd. This development has led to an impairment loss of 540,814,109 yen for the third quarter of the fiscal year ending November 2025. Despite this setback, the company maintains its full-year earnings forecast. The non-payment is considered inappropriate by Money Forward Hoshou Co., Ltd., and legal action is being prepared. The expired insurance contract with the involved company means no future similar non-payment notices are expected.
The most recent analyst rating on (JP:3994) stock is a Hold with a Yen6191.00 price target. To see the full list of analyst forecasts on Money Forward stock, see the JP:3994 Stock Forecast page.
More about Money Forward
Money Forward, Inc. operates in the financial technology industry, providing a range of services including debt guarantees, credit investigations, B2B post-payment settlement, billing agency services, and financial solutions for startups. Their market focus includes corporations and sole proprietors, offering products like ‘Money Forward Kakebarai,’ ‘Money Forward Transaction Finance for Startups,’ ‘Money Forward Early Payment,’ and ‘Money Forward Business Card.’
Average Trading Volume: 525,733
Technical Sentiment Signal: Buy
Current Market Cap: Yen368.2B
For an in-depth examination of 3994 stock, go to TipRanks’ Overview page.