Concordia Financial Group (7186 JP) has slashed its FY3/3021 guidance by 36.7% to ¥25.3 billion on higher credit costs and after writing down a bear fund investment that went wrong in a rising market.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.