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The latest announcement is out from Suruga Bank ( (JP:8358) ).
Suruga Bank announced a court judgment concerning a lawsuit filed against former directors related to share house loan issues. The Shizuoka District Court partially granted claims against several former directors, holding them liable for damages due to breaches of duty. The ruling clarifies legal responsibilities but its impact on the bank’s current fiscal performance remains undetermined.
More about Suruga Bank
Suruga Bank, Ltd. operates in the financial services industry, primarily focusing on banking services. It is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: 39.68%
Average Trading Volume: 748,370
Technical Sentiment Signal: Buy
Current Market Cap: Yen296.7B
For a thorough assessment of 8358 stock, go to TipRanks’ Stock Analysis page.