Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Mebuki Financial Hits Record High as Major Brokerage Lifts Price Target to \1,450
Mebuki Financial Group <7167> extended its rally for a fourth consecutive session, hitting an all-time high and surpassing its previous February peak. The surge follows a bullish report from Nomura Securities, which hiked its price target on the stock to \1,450 from \830 while maintaining its top-tier "Buy" rating.
Nomura highlighted the attractive medium- to long-term investment profile of the group, which holds Ashikaga Bank and Joyo Bank under its umbrella. The brokerage’s conviction is underpinned by three key factors: (1) expectations for robust profit growth within core customer segments, (2) a structural recovery in pre-tax profit driven by improved securities yields and the completion of bond loss disposals, and (3) an anticipated boost in shareholder returns. Analysts specifically noted that Mebuki is poised to narrow the payout ratio gap with its industry peers, further incentivizing investors.
Source: MINKABU PRESS
Related Articles
Nikkei 225 close on the 8th = rising for the 4 days in a row, 2,878 yen higher to 56,308 yen
Nikkei surges 2,878.86 yen to mark third-biggest single-day advance
Market Movers: Marumae, Ureru Net Ad, Tecmira Stand Out at Close
Yen Rallies to 158.10 Area as Safe-Haven Dollar Demand Recedes
Tamura Shares Surge on Divestment of Information Equipment Unit to Hoei
Rakus Ranks Third in Minkabu’s Retail Investor ‘Buy’ Sentiment Ranking
Major Japanese Brokerages Forecast Furukawa Electric, Resonac, and Mitsui Mining Additions in MSCI May Review◇
Hikari Foods Service Extends Gains for Fourth Day on Strong March Same-Store Sales
Progrit Shares Extend Gains on Acquisition of Studyhacker
Isetan Mitsukoshi Gains for Sixth Day After Major Brokerage Lifts Target to \3,200