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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.
Miaher Holdings---In the second quarter, there was an increase in revenue and a significant increase in profit, with all business divisions achieving increased revenue.
Miahera Holdings <7129> announced its consolidated financial results for the second quarter of the fiscal year ending March 2025 (April-September 24). Revenue increased by 4.6% year-on-year to 11.498 billion yen, operating profit increased by 399.8% to 0.124 billion yen, ordinary profit increased by 494.0% to 0.12 billion yen, and net profit attributable to parent company shareholders was 0.111 billion yen (compared to a loss of 0.032 billion yen in the same period last year). Medical sales revenue increased by 3.6% year-on-year to 4.711 billion yen, segment profit...
Miahelsa Holdings: Interim report - Q4 (2024/04/01 - 2025/03/31)
Miahelsa Holdings: Confirmatory letter.
Miahelsa Holdings: Supplementary explanation of financial results for the 2nd quarter (interim period) of the fiscal year ending March 31, 2025
Driven by the weak yen, the consumer spending of tourists visiting Japan in the first 9 months has reached a new high.
①Driven by the weakness of the Japanese yen, Japan's tourism industry is extremely hot in 2024; ②Data shows that as of September, international tourists spent 5.86 trillion yen in Japan (equivalent to 39.27 billion US dollars); ③This exceeded the consumption record of 5.3 trillion yen set for the full year of 2023.