No Data
Express News | [Change Report] Nomura Securities reports an increase in the shareholding ratio of Isetan Mitsukoshi Holdings (3099.JP) to 6.75%.
Fundely --- reached the daily limit up, starting the sale of domestically produced high-end frozen foods at "Queen's Isetan".
The stock price reached its upper limit. It has been announced that high-end domestic frozen food "Shun wo Sugu ni" will start being sold at the supermarket "Queens Isetan," which is part of the Mitsukoshi Isetan Holdings <3099>, and it has been introduced in seven stores. Queens Isetan handles high-quality food and is said to offer a range of convenient and easy-to-use products centered around highly distinctive private brands. The aim is to expand the sales of "Shun wo Sugu ni" through this Trade.
Analysts Offer Insights on Consumer Cyclical Companies: Booking Holdings (BKNG), Isetan Mitsukoshi Holdings (OtherIMHDF) and On Holding AG (ONON)
The shareholding ratio of Mitsukoshi Isetan and its co-shareholder T. Rowe Price has risen to 5.59%.
It has been confirmed that the shareholding ratio of T. Rowe Price Associates (T. Rowe Price) and its co-holders for the stocks of Isetan Mitsukoshi <3099.T> has increased. According to the large shareholding change report submitted by T. Rowe Price after the market close on the 7th, the shareholding ratio with co-holders rose from 5.24% at the time of the last submission to 5.59%. The purpose of the shareholding is for pure investment. The closing price on the 7th was 1730 yen, down 112 yen from the previous weekend.
Mitsukoshi Isetan --- significantly declined, with domestic securities downgrading due to a narrowing difference in sales trends compared to other companies.
Significant continued decline. The monthly sales trend announced the day before yesterday has caused disappointment, leading to a noticeable decline from the previous day. Today, SMBC Nikko Securities downgraded its investment rating from "1" to "2," and also lowered the Target Price from 3,200 yen to 2,400 yen, contributing to additional Sell pressure. Not only the decline in duty-free sales but also the decrease in domestic customer sales has been confirmed with the mid-month figures from March, suggesting a narrowing sales trend compared to other Department Stores.
Open H, Mandom, etc. (additional) Rating
Upgraded - Bullish Code Stock Name Securities Company Previous After ------------------------------------------------------ <4902> Konica Minolta SMBC Nikko "3" "2" Downgraded - Bearish Code Stock Name Securities Company Previous After ------------------------------------------------------ <3086> J Front SMBC Nikko "1" "2" <3
