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Aon To Acquire In-House Insurance Agency Of Mitsubishi Chemical Group In Japan; No Financial Terms Disclosed
Caution Remains The Key Word for Sterling, Says Mitsubishi UFG
Mitsubishi UFJ Adjusts Stake in Corporate Travel
Jefferies Adjusts Mitsubishi Electric's Price Target to 3,000 Yen From 3,400 Yen, Keeps at Buy
Nomura Downgrades Mitsubishi to Neutral From Buy; Price Target Is 2,950 Yen
Mitsui E&S, Kewpie, H.I.S., etc.
Mitsubishi Corporation <8058> fell sharply by 70.5 to 2566. Nomura Securities downgraded its investment judgment from "buy" to "neutral," and lowered the target stock price from 3620 yen to 2950 yen. The slump in raw coal market conditions, along with the decline in production volume, has caused a negative impact exceeding expectations, leading to a decrease in profit levels. While the strong cash generation capability, shareholder returns, and high dividend yield may help support the stock price, the roe level for the fiscal year ending March 26 is 7%, compared to the sector average of 11%.
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103916021 : k
103827803 : good