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The latest update is out from Sompo Holdings ( (JP:8630) ).
Sompo Holdings has revised its financial forecast for the fiscal year ending March 31, 2026, significantly increasing its net income projection from 335 billion yen to 540 billion yen, marking a 61.2% rise. This revision is attributed to increased unrealized gains on financial products due to market fluctuations and lower-than-expected insurance claims from natural disasters, impacting the company’s financial performance positively.
The most recent analyst rating on (JP:8630) stock is a Buy with a Yen5062.00 price target. To see the full list of analyst forecasts on Sompo Holdings stock, see the JP:8630 Stock Forecast page.
More about Sompo Holdings
Sompo Holdings, Inc. operates in the insurance industry, providing a range of insurance products and services. The company focuses on both domestic and international markets, offering solutions that cater to various customer needs in the financial sector.
Average Trading Volume: 2,595,954
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen4284.3B
For an in-depth examination of 8630 stock, go to TipRanks’ Overview page.