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Driven by the weak yen, the consumer spending of tourists visiting Japan in the first 9 months has reached a new high.
①Driven by the weakness of the Japanese yen, Japan's tourism industry is extremely hot in 2024; ②Data shows that as of September, international tourists spent 5.86 trillion yen in Japan (equivalent to 39.27 billion US dollars); ③This exceeded the consumption record of 5.3 trillion yen set for the full year of 2023.
Ichibanya: Interim report - Period 43 (2024/03/01 - 2025/02/28)
Ichibanya's Attributable Profit Up Nearly 10% in Fiscal Q2
Life Corp, 2Q operating profit decreased by 1.4% to 122 billion yen, announced a tender offer for its own shares.
Life Corporation <8194> announced that its fiscal second quarter results for February 2025 showed an operating revenue increase of 5.4% year-on-year to 421.85 billion yen, while operating profit decreased by 1.4% to 12.32 billion yen. The company implemented strategies such as new store openings, expansion of online supermarket, strengthening of private label products like "BIO-RAL", and product initiatives focusing on freshness and taste, resulting in the increase of operating revenue. It also announced plans to conduct a tender offer for its own shares (stock repurchase).
Ichibanya Co. Reports Mixed Financial Results
Ichibanya: Summary of financial results for the 2nd quarter (interim period) of the fiscal year ending 2025/2 [Japanese GAAP] (consolidated)
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