Isetan Mitsukoshi---The number of visitors to Japan in May exceeded 3 million for the third consecutive month.

Japan National Tourism Organization (JNTO) announced that the number of visitors to Japan in May was 3.041 million, the third consecutive month over 3 million. Consumption of luxury goods by visitors to Japan is expected to remain strong due to the yen depreciation effect. Although the stock price has continued to adjust since peaking on June 12 at ¥3403 and broke through the 25-day line to approach -2σ of the Bollinger Bands, it is likely to have a stance of rebound hunting.

Fisco JapanJun 19 19:31 ET

SG Morning Highlights | Mapletree Logistics Trust Set to Sell Xi'an Subsidiary for 70.5 Million Yuan

Stocks to watch: Mapletree Logistics Trust, Mandarin Oriental.

Moomoo News SGJun 12 21:06 ET

Isetan Mitsukoshi, PERSOL HD, etc. (additional) Rating

Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change |------|---------|---------|---------|＜9519＞|RENOVA |GS | “Selling” | “Neutral” |Target Stock Price Change Code | Stock Name | Securities Company | Traditional | After Change |------|------|---

Fisco JapanMay 20 22:16 ET

Isetan Mitsukoshi --- Significant growth continues, leading to good financial results and stock buyback evaluations that surpass consensus

Significant continued growth. Financial results for the fiscal year ended March 24 were announced the day before, and operating profit was 54.4 billion yen, up 83.6% from the previous fiscal year, which greatly exceeded market expectations of about 51 billion yen. The fiscal year ending 25/3 is expected to be 64 billion yen, up 17.7% from the same period. This is also far above the consensus of about 57 billion yen. It also seems that effects such as structural reforms and CRM enhancements are expected to become apparent. In addition, it was announced that 8.5 million shares, which is 2.3% of the number of issued shares, will be implemented with an upper limit of 15 billion yen.

Fisco JapanMay 14 21:33 ET

SG Morning Highlights | UOB Cuts Interest Rates on Flagship Savings Account; OCBC, DBS Say No Change to Theirs For Now

STI down 0.02%; Stocks to watch: UOB, Isetan Singapore, Best World.

Moomoo News SGApr 1 21:05 ET

SG Morning Highlights | SIA Reaches 88% Pre-Pandemic Passenger Load as Chinese Visitors Increase

STI down 0.22%; Stocks to watch: SIA, Cordlife, Union Gas.

Moomoo News SGMar 21 21:09 ET