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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.
C'sMEN: Semi-annual report - 36th term (2024/03/01-2025/02/28)
C'sMEN: Difference between earnings forecasts and actual results for the interim consolidated fiscal period ending 2025/2
C'sMEN: Summary of financial results for the 2nd quarter (interim period) of the fiscal year ending 2025/2 [Japanese GAAP] (consolidated)
First Retail has upwardly revised its forecast on August 24th, with operating profit of 475 billion yen, up from 450 billion yen.
Fast Retailing <9983> announced a revision of its 2024 August performance forecast. Sales revenue was revised upward from JPY 3.03 trillion to JPY 3.07 trillion, and operating profit was revised upward from JPY 450 billion to JPY 475 billion. The domestic Uniqlo business struggled with autumn and winter products due to the warm winter but summer sales were strong due to higher temperatures than usual. In addition, the dividend estimate for August 2024 was revised upward. [Positive rating] <4920> Japan Color Material, <2791> Daikokuten.
C'sMEN: Quarterly report - 36th period, 1st quarter (03/01/2024-05/31/2024)
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