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Fuyo General Lease Revises Earnings Forecast Amid Receivable Risks

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Fuyo General Lease Revises Earnings Forecast Amid Receivable Risks

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An update from Fuyo General Lease Co., Ltd. ( (JP:8424) ) is now available.

Fuyo General Lease Co., Ltd. has announced a revision of its full-year consolidated earnings forecast due to losses from the risk of uncollectible or delayed receivables. These financial challenges are linked to their involvement with counterparties engaged in renewable energy projects in Europe, highlighting potential impacts on the company’s financial performance and strategic positioning in the renewable energy sector.

The most recent analyst rating on (JP:8424) stock is a Buy with a Yen4855.00 price target. To see the full list of analyst forecasts on Fuyo General Lease Co., Ltd. stock, see the JP:8424 Stock Forecast page.

More about Fuyo General Lease Co., Ltd.

Fuyo General Lease Co., Ltd. operates in the leasing industry, primarily offering financial services and solutions, including leasing, installment sales, and other financial products. The company focuses on various sectors, including renewable energy projects, particularly in collaboration with European partners.

Average Trading Volume: 146,459

Technical Sentiment Signal: Buy

Current Market Cap: Yen396.2B

See more data about 8424 stock on TipRanks’ Stock Analysis page.

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