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The latest announcement is out from Morningstar Japan K.K. ( (JP:4765) ).
SBI Global Asset Management Co., Ltd. announced a correction to its previous notice regarding the conversion of SBI Okasan Asset Management Co., Ltd. into a subsidiary through a partial share exchange. The correction clarifies that the change to a specified subsidiary is based on the net assets of SBI Okasan AM being at least thirty percent of the company’s net assets at the end of the most recent fiscal year, rather than the stated capital. This adjustment impacts the company’s operational structure and compliance with corporate disclosure regulations.
The most recent analyst rating on (JP:4765) stock is a Hold with a Yen687.00 price target. To see the full list of analyst forecasts on Morningstar Japan K.K. stock, see the JP:4765 Stock Forecast page.
More about Morningstar Japan K.K.
SBI Global Asset Management Co., Ltd. operates in the financial services industry, primarily focusing on asset management. The company is listed on the Tokyo Stock Exchange Prime Market and is involved in managing various investment funds and financial products.
Average Trading Volume: 99,403
Technical Sentiment Signal: Buy
Current Market Cap: Yen57.3B
For detailed information about 4765 stock, go to TipRanks’ Stock Analysis page.