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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.
China and Japan will introduce policies to facilitate tourism, and Japanese retail and tourism stocks have responded with an increase.
Retail and tourism-related stocks in Japan rose after the Chinese government and the Japanese government agreed to introduce more facilitation measures to promote mutual visits of tourists between the two countries.
Happiness and D: Correction of the securities report - 34th term (2023/09/01 - 2024/08/31)
Stocks that moved the previous day part2: TechnoMastical, Eurasia Travel Agency, Kyusou Distribution System, etc.
Stock Name <Code> 2-day closing price⇒Previous day comparison JPHD <2749> 627 -17 At the opening, selling pressure continued without any particular material news. PHCHD <6523> 923 -42 Morgan Stanley MUFG Securities lowered the target stock price at the end of last week. Torichemical Research Institute <4369> 2801 -148 Despite good financial results leading to an increase at the end of last week, selling pressure returned. Nextage <3186> 1396 -49 After the ex-dividends date, selling predominated in the market. Rigaku Holdings <
Stocks that moved the previous day part 2: japan microtech, power fast, headwaters, etc.
Stock name <code> Closing price on the 29th ⇒ Change from the previous day Japan Micro Devices <6871> 3735 -150 Pressured by the downward trend in semiconductor-related stocks. Nissan motor co <7201> 358.9 -15.0 Moody's downgraded its rating outlook. Fanuc corp <6954> 3887 -48 Sell led by some reports related to EMC misconduct. Isuzu motors <7202> 1997.0 -38.0 Automobile stocks are viewed as weak due to the advancing appreciation of the yen. Tokyo Metro <9023> 1660.
Active and newly listed stocks during the morning session.
*World <3612> fully acquired Mitsubishi Shoji's subsidiary companies. *Goodcom Asset <3475> evaluates upward revision of revenue estimates and increased dividends. *Kotobuki Spirits <2222> newly recommended to buy at Goldman Sachs Securities. *Noritz Steel Machinery <7744> heading towards another upward revision in performance estimates. *Toho Titanium <5727> reported the momentum of Japanese-made titanium.
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