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Jimoto Holdings rebounds on upward revision to fiscal 2026 net profit forecast amid rising interest income
Jimoto Holdings,Inc. <7161> rebounded. The company announced after the close of trading on the 7th that its consolidated net profit for the fiscal year ending March 2026, currently being tallied, is expected to reach 2.5 billion yen (up 59.9% year-on-year), exceeding the previous forecast of 1.7 billion yen. The upward revision was driven by increased interest income associated with rising interest rates and a reduction in credit-related costs, which led to better-than-expected performance at Kirayaka Bank.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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