Carrier Tie-ups Key to Mid-term Growth; 1Q Catalysts Scarce

Research evidence excerpt

Carrier Tie-ups Key to Mid-term Growth; 1Q Catalysts Scarce

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INDUSTRY COVERAGE: Brokers & Other Financials

Company (Ticker) Rating (As Of) Price* (07/15/2026)

Atsuro Takemura

Aeon Financial Service (8570.T) U (07/02/2024) ¥1,543

Credit Saison (8253.T) O (09/02/2024) ¥4,668

Marui Group (8252.T) O (07/02/2024) ¥2,993

Mitsubishi HC Capital (8593.T) O (04/02/2026) ¥1,414

Orix (8591.T) E (04/25/2025) ¥6,593

Mia Nagasaka

Daiwa Securities Group (8601.T) E (02/25/2019) ¥1,879

GMO Payment Gateway (3769.T) E (07/08/2024) ¥9,807

Monex Group (8698.T) E (05/24/2022) ¥768

Nomura Holdings (8604.T) E (08/23/2018) ¥1,626

PayPay (PAYP.O) E (04/06/2026) US$15.00

SBI Holdings (8473.T) E (07/06/2023) ¥2,834

Stock Ratings are subject to change.