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The latest update is out from Oita Bank ( (JP:8392) ).
The Oita Bank has revised its target for reducing cross-shareholdings, deciding at a January 26, 2026 board meeting to increase the planned cut in book value from about ¥3.7 billion to approximately ¥5.3 billion, or around 40%, from the level as of March 31, 2023 by the end of fiscal 2026. The move is positioned as a governance and capital-efficiency measure under the bank’s Basic Policy on Cross-Shareholdings, reflecting a stricter review of the necessity of each holding; while the bank plans to unwind more of these mutual shareholdings, it emphasizes that it will maintain dialogue with business partners to preserve and strengthen long-standing relationships of trust even as the financial ties are reduced.
The most recent analyst rating on (JP:8392) stock is a Buy with a Yen8975.00 price target. To see the full list of analyst forecasts on Oita Bank stock, see the JP:8392 Stock Forecast page.
More about Oita Bank
The Oita Bank, Ltd. is a regional Japanese bank listed on the Tokyo Stock Exchange Prime Market and the Fukuoka Stock Exchange. It provides banking and financial services, with a focus on its home region, and is subject to Japan’s Corporate Governance Code, which guides its capital policy and governance practices, including the management of cross-shareholdings with business partners.
YTD Price Performance: 24.19%
Average Trading Volume: 61,088
Technical Sentiment Signal: Buy
Current Market Cap: Yen122.7B
See more data about 8392 stock on TipRanks’ Stock Analysis page.