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Okinawa Financial Group Revises Business Targets Amid Interest Rate Changes

Story Highlights
  • Okinawa Financial Group operates in financial services, listed on Tokyo and Fukuoka exchanges.
  • The company revised income targets due to interest rate changes boosting net interest income.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Okinawa Financial Group Revises Business Targets Amid Interest Rate Changes

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Okinawa Financial Group, Inc. ( (JP:7350) ) just unveiled an announcement.

Okinawa Financial Group, Inc. announced revisions to its business results targets for the final fiscal year of its 2nd Medium-Term Business Plan, covering April 2024 to March 2027. The company increased its consolidated ordinary income and net income targets due to changes in the interest rate environment following the Bank of Japan’s rate adjustments, which led to higher net interest income projections.

More about Okinawa Financial Group, Inc.

Okinawa Financial Group, Inc. operates in the financial services industry, focusing on providing banking and financial solutions. The company is listed on the Tokyo Stock Exchange and Fukuoka Stock Exchange, indicating a strong market presence in Japan.

Average Trading Volume: 53,840

Technical Sentiment Signal: Hold

Current Market Cap: Yen53.53B

For a thorough assessment of 7350 stock, go to TipRanks’ Stock Analysis page.

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