8410.T Stock Today: Itochu’s 20% stake makes affiliate – December 29
Seven Bank stock drew fresh attention after Itochu completed a 20% purchase, turning the lender into an equity‑method affiliate as of December 29. Shares of 8410.T closed at ¥299.5, down 1.5%, within a firm uptrend above the 50‑ and 200‑day averages. Investors in Japan are assessing what this tie‑up means for growth, including FamilyMart ATM deployments and retail‑finance services. With a 3.63% dividend yield and a P/E near 19.5, positioning matters as integration milestones approach.
Continue Reading on Meyka
This article is available in full on our main platform. Get access to complete analysis, stock insights, and more.
Read Full Article →