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TYO:2780

5 stories mentioning TYO:2780Updated 11d ago

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Asia

Japanese Shares Rise Ahead of Tech Earnings, Oil Falls on Renewed Middle East Mediation Hopes

Japanese stocks gained, snapping a three-day selloff in semiconductor shares ahead of corporate earnings from technology majors including Alphabet and Intel, as well as strong preliminary earnings from Samsung Electronics.The benchmark Nikkei 225 closed up 2,091.07 points, or 3.26%, at 66,232.19.Oil prices declined on hopes of renewed mediation efforts to de-escalate the Middle East conflict, though the Iran-backed Houthis' announcement of a naval blockade on Saudi Arabia kept supply concerns intact.On the corporate side, Komehyo (TYO:2780) said its June brand and fashion sales rose 130.5% year over year to 21.3 billion yen, supported by strong individual purchases, according to a Tuesday filing on the Tokyo Stock Exchange.

Nikkei 225TYO:2780
Asia

Komehyo's June Sales Up 131% on Strong Individual Purchases; Shares Rise 3%

Komehyo (TYO:2780) said June brand and fashion sales rose 130.5% year over year to 21.3 billion yen, supported by strong individual purchases.Individual purchase amounts increased 129.7% to 9.3 billion yen, due to high goods sales and the opening of three domestic purchasing centers (including franchise stores). Branded jewelry saw sales growth despite the downward trend in gold prices, while the sales of bags kept up, according to a Tuesday filing on the Tokyo Stock Exchange.Shares of Komehyo added nearly 3% in recent trade.

TYO:2780
Asia

Komehyo Holdings May Sales Up 50.5% on Strong Individual Purchases

Komehyo Holdings (TYO:2780) said May brand and fashion sales rose 50.5% year over year to 21.55 billion yen, supported by strong individual purchases, according to a Monday filing on the Tokyo Stock Exchange.Individual purchase amounts increased 44.2% to 10.19 billion yen, on its purchase programs and with the opening of new stores, maintaining a high level of sales.The company said May corporate auction trading prices remained strong despite falling gold prices. The pre-owned luxury goods retailer expanded operations to seven locations, including five in Japan and two overseas, during the month.

TYO:2780
Asia

Nikkei Advances as Fiscal Outlook Calms Rate Fears

Japanese stocks closed higher on Monday, supported by policy signals after an opposition party leader called for a medium-term fiscal roadmap to restore surplus by around 2030, easing concerns over rising interest rates.The Nikkei 225 rose 0.6%, or 348.99 points, to close at 58,824.89.Yuichiro Tamaki said Japan should outline a credible five-year path to return to a primary surplus by around 2030, while accepting near-term deficits.He also said monetary policy should move gradually toward normalization, with rate hikes calibrated carefully given risks from the Iran conflict.Markets have pared expectations for an April rate increase by the Bank of Japan amid uncertainty over the Middle East situation. The government has tapped oil reserves and is seeking alternative supply sources, though public concern over the economic impact remains high.In economic news, Japan's tertiary activity index fell 0.4% in February as weakness in retail and utilities offset gains in finance.Japanese household sentiment improved slightly in March but remained negative, with inflation expectations staying elevated, a Bank of Japan survey showed.On the corporate front, Komehyo Holdings (TYO:2780) fell 1% after reporting a 43% jump in March sales. Cyfuse Biomedical (TYO:4892) rose 12% after a report said it will begin human trials of a 3D-printed knee regeneration therapy.IwaiCosmo (TYO:8707) slipped 2% despite a 55% rise in full-year profit and record earnings.

Nikkei 225TYO:2780TYO:4892TYO:8707
Asia

Komehyo March Sales Rise 43% on Strong Luxury Demand

Komehyo Holdings (TYO:2780) said March brand and fashion sales rose 43% year over year to 22.56 billion yen, supported by strong demand for watches and jewelry, according to a Monday filing on the Tokyo Stock Exchange.Individual purchase amounts increased 28% to 10.42 billion yen, marking the highest monthly level on record, as buying of gold, bullion and watches remained firm despite market volatility.The company said corporate sales outpaced retail growth, helping capture demand both in Japan and overseas, with U.S. customers driving duty-free sales.Jewelry prices stayed elevated despite some impact from softer gold prices, while watches continued to sell well across both popular and rare models. Demand for bags remained steady but trailed other categories.

TYO:2780

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