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AEON Financial Service Co ( (JP:8570) ) has issued an update.
AEON Financial Service Co., Ltd. announced the submission of an amended securities report and corrections to its financial statements for the past fiscal year, following the acquisition of an equity interest in Post and Telecommunication Finance Company Limited (PTF) from SeABank. The amendments were necessary due to the discovery of understated allowances for doubtful accounts and the need to reevaluate PTF’s assets, resulting in a retroactive revision of the financial statements. The impact of these corrections is confined to the previous fiscal year, with no expected effects on the current fiscal year’s performance or future outlook.
The most recent analyst rating on (JP:8570) stock is a Sell with a Yen1150.00 price target. To see the full list of analyst forecasts on AEON Financial Service Co stock, see the JP:8570 Stock Forecast page.
More about AEON Financial Service Co
AEON Financial Service Co., Ltd. operates in the financial services industry, focusing on providing a range of financial products and services. The company is involved in various financial operations, including credit services, and has a market presence in regions such as Southeast Asia.
Average Trading Volume: 810,301
Technical Sentiment Signal: Buy
Current Market Cap: Yen290.8B
For detailed information about 8570 stock, go to TipRanks’ Stock Analysis page.