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Makiya: Financial results presentation materials for the 3rd quarter of the fiscal year ending March 31, 2025 (73rd term)
Makiya: Summary of Financial Results for the 3rd Quarter Ending March 31, 2025 [Japanese GAAP] (Consolidated)
Makiya Sees FY Net Y1.50B
Stock News Premium = Rising vegetable prices turned into a business opportunity for saving-minded consumers.
The price of cabbage has risen to 3.3 times compared to the average year, and vegetables are soaring. There are indications that tight supply and demand may continue for the time being. Some companies may see this situation as a business opportunity. <Strong in frozen foods "Gyomu Super", Kobe Bussan> Due to rising costs of fertilizers, agrochemicals, and labor, the average price of vegetables at wholesale markets in Tokyo for 2024 has increased by 11% compared to the previous year. Even in 2025, as of the 13th, the prices of major vegetables nationwide, led by cabbage, have seen napa cabbage at 2.5 times the average year, and radish at 1.
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.
Makiya: Half-Year Report - Term 73 (2024/04/01 - 2025/03/31)