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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.
Yamano Holdings: Notice regarding financial results of unlisted parent companies, etc.
Yamano Holdings: Presentation of financial results for the 2nd quarter of the fiscal year ending March 31, 2025
Yamano Holdings - Aiming for a return to profitability and a V-shaped recovery, measures to stabilize the earnings of existing businesses are underway.
Yamano Holdings <7571> announced its consolidated financial results for the second quarter of the fiscal year ending in March 2025 (April-September 24th year) on the 14th. The initiative to stabilize the revenue of existing businesses, one of the key focus areas of the medium-term management plan, has been progressing smoothly, and the profitability of each business has been improving. The average revenue per store, the beauty business that implemented the closure of unprofitable stores, maintained the previous year's level, and the other four businesses all improved. The deficit of the DSM business, which was in the red in the previous period, and the deficit of the reuse business also narrowed. Furthermore, it has been performing well.
Yamano Holdings: Confirmation letter
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