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Takashimaya's Growth Driven by Affluent Shoppers
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.
Takashimaya: Summary of questions and answers at the Earnings Conference for the 2nd quarter (interim period) of the fiscal year ending 2025/2
Pay attention to biochemistry and SIG Group.
On the 16th in the US stock market yesterday, the dow jones industrial average closed at 43,077.70, up 337.28 points, while the nasdaq composite index rose 51.49 points to 18,367.08. In Chicago, the Nikkei 225 futures on the Osaka Exchange saw a 260 yen increase over the daytime session to 39,450 yen. The exchange rate was 1 dollar = 149.50-60 yen. In today's Tokyo market, Hamakyore <9037> announced a share buyback with a maximum of 0.27% of the issued shares and a buying commission, with a total revenue of September increasing by 11.9% from the previous month's 7.3%, expanding the growth rate.
Takashimaya Clocks 12% Rise in Overall Sales in September
Nikkei average plunges significantly for the first time in 5 days, semiconductor stocks plummet due to the ASML shock.
On the 15th, the US stock market fell. The Dow Inc. dropped 324.80 points to 42,740.42, while the Nasdaq fell 187.10 points to 18,315.59 at the close of trading. Positive reactions to bank earnings led to an initial rise. However, a decline in the semiconductor sector later affected the market causing a downturn. The drop in the UnitedHealth Group Inc., a managed healthcare company, also weighed on the Dow, leading to a broadening decline in major indices towards the end. Dutch semiconductor manufacturing equipment ASML Holding stunk due to sluggish orders.
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