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TYO:8227

5 stories mentioning TYO:8227Updated 14d ago

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Asia

Shimamura to Acquire Summit Corporation's Colmopia Business

Shimamura (TYO:8227) plans to begin acquiring Summit Corporation's clothing business Colmopia, which comprises the assets and rights relating to 21 stores, from January 2027, according to a Monday filing with the Tokyo Stock Exchange.The acquisition is expected to be completed in March 2027.Shimamura will operate Colmopia's stores as its own. The Japanese retailer will not take over any receivables, liabilities, or contractual or administrative positions of Colmopia with business partners. The amounts of the assets to be acquired remain undisclosed.Shares of Shimamura added nearly 1% in recent trade.

TYO:8227
Asia

Shimamura to Increase Capital of Taiwan Subsidiary NT$970 Million

Japanese retailer Shimamura (TYO:8227) will increase the capital of its wholly owned Taiwan subsidiary Taiwan Shimamura by NT$970 million in October, according to a bourse filing on Monday.The capital increase will provide funds to support key investments and broaden Taiwan Shimamura's market share for long-term growth, the filing said.Shares of Shimamura fell 1% at market close.

TYO:8227
Research

Okasan Securities Starts Shimamura at Neutral with 3,600 Yen Price Target

Shimamura (TYO:8227) has an average rating of hold and mean price target of 3,542.31 yen, according to analysts polled by FactSet.

TYO:8227
Asia

Shimamura's Fiscal Q1 Profit Climbs 19%

Shimamura's (TYO:8227) profit attributable to owners of the parent rose 19% to 12.85 billion yen for the three months ended May 20, from 10.80 billion yen a year earlier, according to a Tokyo bourse filing on Monday.The retailer's basic earnings per share increased to 61.92 yen from 48.98 yen a year ago.Net sales rose 7.9% to 181.66 billion yen from 168.37 billion yen in the prior year.For the fiscal year ending Feb. 20, 2027, the company expects attributable profit of 47.3 billion yen, basic EPS of 227.92 yen, and net sales of 729.2 billion yen.The company plans to pay interim and year-end dividends of 40 yen per share each for the fiscal year ending Feb. 20, 2027, bringing the annual payout to 80 yen per share.

TYO:8227
Asia

Market Chatter: Japanese Apparel Firms Accelerate Bangkok Expansion to Capture Young Thai Consumers

Japanese apparel firms are stepping up their presence in Thailand's capital to tap into the country's expanding youth demographic, Nikkei Asia reported on Monday.Human Made (TYO:456A), a fashion label, launched its debut Southeast Asian outlet in late March, while Shimamura(TYO:8227), a budget clothing retailer, entered the Thai market in December.Japanese clothing brands started seriously entering the Thai market following Fast Retailing's (TYO:9983) Uniqlo arrival in 2011.Uniqlo had opened approximately 70 locations in Thailand by 2025, becoming the top Japanese apparel retailer in the nation.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:456ATYO:8227TYO:9983

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