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Yamaguchi Financial extends gains for sixth day as domestic brokerage raises price target to 3,100 yen

Fri Apr 17, 2026 2:02 pm JST Catalyst

Yamaguchi Financial Group Inc <8418> shares extended their winning streak to a sixth consecutive session after Daiwa Securities maintained its "Outperform" rating on the 16th while hiking its price target for the stock to 3,100 yen from 2,600 yen. The brokerage forecasts a consolidated net profit of 34,000 million yen for the fiscal year ending March 2026, which represents a 4% year-on-year decline but significantly exceeds the company's own guidance of 31,500 million yen. For the year ending March 2027, Daiwa projects profit to climb further to 42,000 million yen, driven by expectations of rising yen interest rates and a reduction in bond-related losses. Furthermore, analysts at the brokerage anticipate continued significant dividend increases and expect the company to announce share buybacks, further bolstering its appeal to investors as the second-highest level on its five-tier rating scale.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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