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Cube --- Establishment of a joint venture for business development in China.
On the 25th, Cube <7112> announced the establishment of a joint venture for business development in China.
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.
Nikkei Eases as US Benchmark Declines Set Tone Ahead of Labor Market Data
Cube Reports 10.3% Increase in November All-Store Sales
Emerging markets stock digest: KAIOMU sharply rebounds, True Data hits limit up.
＜5027＞ AnyMind 1129 -2 is in a consolidation phase. After the close of trading on the 4th, it started to rebound following the announcement of strengthened collaboration with TikTok and the launch of new advertising features in Thailand, but it has now entered a consolidation phase. Due to the development of new features that strengthen the collaboration between the influencer marketing platform 'AnyTag' and the short video platform 'TikTok', it has begun to be offered in Thailand through 'AnyTag'.
Cube --- consolidating, announcing the monthly sales report for directly operated stores for November 2024.
A period of fluctuation. In November 2024, the monthly sales report for directly operated stores was released, showing a year-on-year increase of 110.3% across all stores and 101.0% in existing stores. The GINZA SIX store and the Daimaru Shinsaibashi store, which recently underwent expansion and renovation, drove sales, along with contributions from POPUP STORES that opened in various locations, resulting in total store revenue exceeding the previous year. Sales of new content that started in late April on EC have been progressing smoothly, with royal customers in both physical stores and EC.