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Banners: Notice regarding revisions to full-year earnings forecasts (consolidated and individual)
Banners: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)
Banners Co Raises FY Net View to Y215.00M
Banners Co Raises FY Parent Pretax View to Y176.00M
As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.
① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.
Kingfisher: Deal Has No Impact on Banners in France, Spain and Portugal