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Seven Bank Forms Strategic Alliance with ITOCHU Corporation

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Seven Bank Forms Strategic Alliance with ITOCHU Corporation

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The latest update is out from Seven Bank, Ltd. ( (JP:8410) ).

Seven Bank, Ltd. has announced a capital and business alliance with ITOCHU Corporation, involving the disposal of treasury stock to ITOCHU, which will become a major shareholder. This alliance aims to leverage both companies’ strengths to develop new financial services and enhance corporate value, with potential changes in major shareholders and business models expected.

The most recent analyst rating on (JP:8410) stock is a Hold with a Yen298.00 price target. To see the full list of analyst forecasts on Seven Bank, Ltd. stock, see the JP:8410 Stock Forecast page.

More about Seven Bank, Ltd.

Seven Bank, Ltd. operates in the financial services industry, primarily providing ATM services with over 28,000 machines nationwide, including those in 7-Eleven stores. The company focuses on offering diverse financial services aligned with customers’ daily lives and aims for sustainable growth through business diversification and strategic investments.

Average Trading Volume: 5,821,052

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen282.5B

Find detailed analytics on 8410 stock on TipRanks’ Stock Analysis page.

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