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Express News | [Change Report] US Fidelity subsidiary FMR reports an increase in shareholding of G-7 Holdings (7508.JP) to 9.56%.
BOJ Seeks More Rate Hikes but Not in Rush, Deputy Governor Says -- 2nd Update
G-7 Supermarket, G-7 HD, has opened a Business Supermarket in Kashiwa-mori, Fusō, Aichi Prefecture.
On the 6th, G-7 Holdings <7508> announced that its subsidiary, G-7 Supermarket, has opened the "Grocery Supermarket Fusao Kashiwamori Store" in Fusao Town, Niwa County, Aichi Prefecture. With this, the number of Grocery Supermarket locations has reached 200 nationwide and 49 in the Chubu area. The new store has a sales floor area of 183 tsubo and employs 20 staff members. The hours of operation are from 9 AM to 9 PM and the annual sales target is 0.44 billion yen. Additionally, the store includes G-7 Meat Terabayashi, a subsidiary.
G-7 Holdings --- G-7 Supermarket and Bon Sante merge to strengthen their business.
On the 3rd, G-7 Holdings <7508> announced that its subsidiary, G-7 Supermart, will merge with Bon Sante. The company, through G-7 Supermart and Bon Sante, is expanding the business supermarket operations nationwide as a franchisor. The merger aims to consolidate the management resources of the business supermarket operations to improve management efficiency. The effective date of the merger will be April 1, 2025, adopting an absorption merger method with G-7 Supermart as the surviving company.
List of cloud-break stocks (Part 4) [Ichimoku Kinko Hyo - List of Cloud-Break Stocks]
○ List of stocks that have fallen below the cloud market Code Stock Name Closing Price Leading Span A Leading Span B Tokyo Stock Exchange Main Board <7384> Procrea HD 1707 1744.25 1760.5 <7438> Condotech 1315 1362.75 1328.5 <7456> Matsuda Industry 3065 3106.25 3117.5 <7483> Doshisha 2105 2115.75 2142.5 <7504> Kosoku 2371 237.
G-7 Holdings --- Third quarter increased revenue; operating profit and ordinary profit have improved, Autos related business and QITABANKUAI are progressing smoothly.
On the 31st, G-7 Holdings <7508> announced its consolidated financial results for the third quarter of the fiscal year ending March 2025 (from April to December 2024). Revenue increased by 9.7% year-on-year to 159.797 billion yen, operating profit rose by 1.3% to 5.747 billion yen, ordinary profit grew by 1.5% to 6.05 billion yen, and net profit attributable to shareholders decreased by 6.9% to 3.884 billion yen. Revenue from the automotive-related business increased by 7.0% year-on-year to 34.782 billion yen, and ordinary profit increased by 33.7%.