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Seven Bank, Ltd. ( (JP:8410) ) just unveiled an announcement.
Seven Bank, Ltd. reported its financial results for the third quarter of the fiscal year ending March 31, 2025, showing a notable increase in ordinary income by 10.1%, reaching 159,490 million yen. However, net income attributable to owners saw a significant decline of 59% compared to the previous year. The bank’s total assets increased to 1,885,148 million yen, though its net assets to total assets ratio slightly decreased to 14.4%. The company also made a significant change in its scope of consolidation by adding a new entity in Malaysia while excluding another due to stock transfer. These results indicate potential challenges in profitability despite growth in ordinary income, impacting stakeholders’ expectations for future performance.
More about Seven Bank, Ltd.
Seven Bank, Ltd. is a financial institution listed on the Tokyo Stock Exchange, known for providing banking services. The company focuses on ordinary banking operations and financial services, including ordinary income and profits as part of its consolidated financial results.
YTD Price Performance: -3.72%
Average Trading Volume: 5,141,803
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen352.8B
For a thorough assessment of 8410 stock, go to TipRanks’ Stock Analysis page.
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