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The latest announcement is out from SBI Holdings ( (JP:8473) ).
SBI Holdings announced that its subsidiary, SBI Shinsei Bank, has received approval to list its shares on the Prime Market of the Tokyo Stock Exchange. This move is part of SBI Shinsei Bank’s strategy to expand its business foundation and enhance profitability, following its full repayment of public funds. The listing is expected to diversify capital raising methods and increase operational flexibility, contributing to the overall corporate value of SBI Holdings. Despite the listing, SBI Shinsei Bank will remain a consolidated subsidiary, maintaining a degree of independence in its management and operations.
The most recent analyst rating on (JP:8473) stock is a Hold with a Yen6790.00 price target. To see the full list of analyst forecasts on SBI Holdings stock, see the JP:8473 Stock Forecast page.
More about SBI Holdings
SBI Holdings, Inc. operates in the financial services industry, offering a diverse range of services including securities, banking, insurance, asset management, private equity, and crypto-asset exchange. The company also engages in next-generation businesses such as pharmaceuticals and Web3-related ventures. Its market focus includes expanding its business foundation and enhancing profitability through strategic collaborations and partnerships.
Average Trading Volume: 3,675,586
Technical Sentiment Signal: Buy
Current Market Cap: Yen2261.5B
For a thorough assessment of 8473 stock, go to TipRanks’ Stock Analysis page.