Japan Exchange Group Inc
8697: XTKS (JPN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥9,944.00 | Rmn | Tmvzsmwm |
Japan Exchange Earnings: A Weakening Yen Supports Strong Results
We raise our fair value estimate for wide-moat Japan Exchange Group by 4% to JPY 2,620 per share, following its full-year results and the continued weakening of the Japanese yen. JPX reported a net income of JPY 62 billion for the year, an increase of 31% over the prior year.