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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.
Narumiya International: Semi-Annual Report - Term 9 (2024/03/01 to 2024/08/31)
Focus on Aoki Pharmaceuticals and Kewpie Corporation, while companies like Mizuho are showing a soft trend.
In the US stock market on the 3rd, the dow jones industrial average fell by 184.93 points to 42,011.59, the nasdaq composite index fell by 6.64 points to 17,918.48, and the Chicago Nikkei 225 futures rose by 25 yen to 38,625 yen compared to Osaka daytime trading. The exchange rate was 1 dollar = 146.90-147.00 yen. In today's Tokyo market, Kusuri no Aoki <3549> announced a share buyback of up to 5.71% of the issued shares with a 10.2% increase in first quarter operating profit, and first half operating profit increased by 34.4%.
Kewpie, operating profit for the third quarter increased by 123.5% to 29.8 billion yen.
Kewpie <2809> announced its performance for the third quarter of the fiscal year ending November 2024, with revenue increasing by 7.4% year-on-year to 360.9 billion 11 million yen, and operating profit increasing by 123.5% to 29.8 billion 15 million yen. The increase in revenue was driven by sustained growth overseas, recovery in sales of core domestic condiments and side dishes, and price adjustments leading to higher unit prices. Operating profit increased due to increased sales of egg products, mitigation of the impact of rising main ingredient prices, and profit expansion due to growth overseas.
Narumiya International: Summary of financial results for the 2nd quarter (interim period) of the fiscal year ending 2025/2 [Japanese GAAP] (Consolidated)
Kasumigaseki Capital, Nishimatsuya Che (2nd)
※The above calendar is merely a schedule and may be subject to change depending on the company's circumstances.--------------------------------------- October 2nd (Wednesday) <3498> Kasumigaseki Capital <7545> Nishimatsuya Che--------------------------------------- October 3rd (Thursday) <2493> E-Support <2809> QP <2830> Aohata
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