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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.
Sunautas: Half-Year Report - Term 74 (2024/05/01 - 2025/04/30)
Sunautas: Financial results summary for the 2nd quarter (interim period) of the fiscal year ending April 2025 financial results explanation materials
Sunautas: Consolidated Financial Results for the 2nd Quarter (Interim Period) for the Fiscal Year Ending April 2025 [Japanese GAAP] (Consolidated)
Sunautas 1H Net Y128.00M Vs Net Y135.00M
Sunautas Sees FY Net Y330.00M