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Wellnet Corporation Reports Strong Financial Growth and Positive Outlook
MUFG revises net profit upward for fiscal year 25/3 to 1 trillion 860 billion yen, up from 1 trillion 750 billion yen.
Mitsubishi UFJ <8306> announced a revision of its financial forecast for the fiscal year ending March 2025. The net profit was revised upwards from 1 trillion 750 billion yen to 1 trillion 860 billion yen. This was due to the recording of one-time gains such as profits from the sale of policy-held Stocks and the reversal of costs related to L's credit relationships, utilizing these gains to conduct a restructuring of the Bond portfolio from a balance sheet management perspective, implementing measures for future enhanced profitability. The year-end Dividend per share was raised by 4 yen from the previous forecast to 39 yen (the previous period was 20 yen).
Wellnet Corp 9-Mos Parent Net Y913.00M Vs Net Y643.00M
Wellnet: Summary of financial results for the 3rd quarter of the fiscal year ending June 2025 [Japanese GAAP] (unconsolidated)
Wellnet: Notice regarding revisions to earnings forecasts and dividend forecasts
Wellnet - Multi-payment services are the core, and will continue to promote the provision of Region-focused fintech.
Wellnet <2428> provides BtoB payment and authentication services. It has become an advanced company that introduced a SaaS style to provide customers with access to systems and its own services since 2000. The core business is the multi-payment service, and the introducing customers can utilize cashless payments via credit cards and electronic money, as well as cash payments at convenience stores, online banking payments, and payment apps. The main customers are