No Data
Umenohana: Summary of Financial Results for the 3rd Quarter Ending April 2025 [Japanese GAAP] (Consolidated)
Umenohana 9-Mos Net Y66.00M Vs Net Y677.00M
Stock News Premium = Due to US-China trade friction, soybean prices have fallen, benefiting the processing manufacturers.
In response to the USA's tariff increase on Chinese products, China has enacted a retaliatory measure imposing an additional tax of up to 15% on USA farm products, ETC. This has led to a decline in international market conditions, and some food companies may benefit from lower production costs. <Softening futures due to retaliatory tariffs> On the 10th, China introduced additional tariffs on 740 items including soybeans, cotton, and corn imported from the USA. Tariffs on wheat and corn have increased by 15%, while those on soybeans and pork have increased by 10%. There is a heightened sense of caution regarding trade friction.
BOJ Seeks More Rate Hikes but Not in Rush, Deputy Governor Says -- 2nd Update
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.
Umenohana: Half Year Report - Term 46 (2024/05/01 - 2025/04/30)
