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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.
Asia Investment Research Memo (3): For the fiscal year ending March 2025, a profit turnaround is expected through the sale of stocks and projects.
3. Conclusion of a Strategic Business Partnership (2) Growth Partners is an investment company engaged in investment and hands-on support services, dealing not only with venture investments but also with investments in publicly listed companies and buyout projects. In the formation of the fund that the company is planning, it aims to combine its operational skills with Growth Partners' expertise in selecting investment targets and providing hands-on support to investee companies to pursue the fund's performance.
Stocks with attractive characteristics seen from volume changes, such as GameWith, etc.
Stock closing prices, previous day changes, and volumes: <2721> JHD 178,271,397 shares <4308> J Stream 36,629,970 shares <6552> GameWith 245,506,920 shares <8166> Takakyu 13,342,800 shares <4777> Gala 24,850,372 shares <7919> Nozaki Print 1,526,202 shares <9307> Sugimura Warehouse 61,842,728 shares <5820> Sannsei 94,274,499 shares <1964> Nakagai Furnace 29
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.
Stocks that moved the previous day part1 include Nishikawa Rubbers, Progrit, Ion, etc.
Company Name <Code> 10-day closing price ⇒ Previous day comparison Nishikawa Rubbers <5161> 1913 +145 First quarter operating profit doubles compared to the same period last year. Echo TD <7427> 952 +65 Operating profit for the first half decreased by 18.9%, but the dividend estimate for the fiscal year ending February 2025 was revised upward. Tempaku-ya S <9846> 999 +16 The operating profit for the first half increased by 24.9% and led to buying initially, but with a long bearish candle. ABC Mart <2670> 3094 +325 The earnings forecast for the fiscal year ending February is raised, starting to rise, but the buying momentum does not continue.
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