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Shikoku Bank Ltd. ( (JP:8387) ) has provided an announcement.
Shikoku Bank Ltd. has revised its financial results forecasts for the fiscal year ending March 31, 2026, recognizing an extraordinary gain from negative goodwill due to the acquisition of The Shigin Leasing Company Limited. This acquisition is part of the bank’s strategy to strengthen its financial foundation and governance, contributing to regional and industrial development, though it is noted as a temporary factor affecting the financial forecasts.
The most recent analyst rating on (JP:8387) stock is a Buy with a Yen1648.00 price target. To see the full list of analyst forecasts on Shikoku Bank Ltd. stock, see the JP:8387 Stock Forecast page.
More about Shikoku Bank Ltd.
Shikoku Bank Ltd. operates in the financial services industry, focusing on banking and financial solutions. The company is involved in providing a range of banking services and has recently expanded its operations by acquiring The Shigin Leasing Company Limited as a wholly owned subsidiary.
Average Trading Volume: 109,272
Technical Sentiment Signal: Buy
Current Market Cap: Yen60.55B
For a thorough assessment of 8387 stock, go to TipRanks’ Stock Analysis page.