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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.
Shokubun: Half Year Report - 49th Term (2024/04/01 - 2025/03/31)
Shokubun: Notice regarding dividends from surplus funds (no interim dividends)
Shokubun: Summary of financial results for the 2nd quarter (interim period) of the fiscal year ending 2025/3 [Japanese GAAP] (consolidated)
Shokubun Co 1H Loss Y124.00M Vs Loss Y47.00M
Individual stock strategy: Focus on Tsugami, Sanwa HD, etc.
In the US stock market last weekend on the 18th, the Dow Jones Industrial Average rose 36.86 points to 43,275.91, the Nasdaq Composite Index rose 115.94 points to 18,489.55, and the Chicago Nikkei 225 futures rose 160 yen from Osaka daytime to 39,170 yen.