Prestige International ( (JP:4290) ) has provided an announcement.
Prestige International Inc. announced discrepancies in the financial results of its subsidiary, Entrust Inc., for the fiscal years ending March 2024 and 2025. Despite increased outsourcing fees, Entrust Inc. reported higher sales and profits due to increased guarantee fees from new and existing contracts, with minimal impact on Prestige International’s consolidated results.
More about Prestige International
Prestige International Inc. operates in the financial services industry, focusing on guarantee services. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its efforts in optimizing expenses while increasing sales through new and renewed guarantee fees.
Average Trading Volume: 191,413
Technical Sentiment Signal: Buy
Current Market Cap: Yen86.98B
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