Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ogaki Kyoritsu Bank, Ltd. ( (JP:8361) ) just unveiled an update.
The Ogaki Kyoritsu Bank has decided to dissolve its wholly owned subsidiary OKB Front Co., Ltd., which conducts banking agency services, as part of a review of its store network. OKB Front, established in 2014 with share capital of ¥10 million and fully owned by the bank, recorded sales of ¥84 million and profit of ¥3 million in the fiscal year ended March 2025, and is scheduled to be dissolved on March 31, 2026 and fully liquidated by June 8, 2026; the bank states the move will not affect its consolidated or non-consolidated earnings forecasts, suggesting a limited financial impact but signaling ongoing rationalization of its physical distribution structure.
The most recent analyst rating on (JP:8361) stock is a Buy with a Yen6350.00 price target. To see the full list of analyst forecasts on Ogaki Kyoritsu Bank, Ltd. stock, see the JP:8361 Stock Forecast page.
More about Ogaki Kyoritsu Bank, Ltd.
The Ogaki Kyoritsu Bank, Ltd. is a regional Japanese bank listed on the TSE Prime and NSE Premier markets, providing banking and related financial services. Through subsidiaries such as OKB Front Co., Ltd., it has also conducted banking agency operations to support its branch and store network.
Average Trading Volume: 247,554
Technical Sentiment Signal: Buy
Current Market Cap: Yen243.9B
For an in-depth examination of 8361 stock, go to TipRanks’ Overview page.