Credit Saison Co., Ltd. (TSE:8253) plans to acquire a stake of around 15% in Suruga Bank Ltd. (TSE:8358), people familiar with the matter said 17 May 2023. The Japanese lender, for its part, will acquire a stake of about 5% in Credit Saison, the people said. The cross-shareholding deal comes as an effort by Nojima Corp, a Japanese electronics retailer, to help rebuild the struggling bank had fallen through.
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5-day change | 1st Jan Change | ||
2,882 JPY | +2.27% | -0.02% | +10.87% |
Mar. 08 | Canary Inc. announced that it has received ¥1 billion in funding from Credit Saison Co., Ltd. | CI |
Feb. 13 | Credit Saison Attributable Profit Up 37.1% in Fiscal Nine Months | MT |
Stocks mentioned in the article
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5d. change
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Capi.
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2,882 JPY | +2.27% | -0.02% | 2.99B | ||
969 JPY | +3.64% | +3.19% | 1.19B | ||
EPS Revisions
1st Jan change | Capi. | |
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+10.87% | 2.99B | |
-8.14% | 49.88B | |
-5.25% | 30.53B | |
+63.88% | 29.08B | |
+20.03% | 23.38B | |
+16.97% | 17.94B | |
-6.99% | 11.81B | |
+21.92% | 11.27B | |
-20.90% | 8.31B | |
+14.34% | 8.13B |
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