3 stories mentioning TYO:8227Updated 2d ago
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Shimamura (TYO:8227) has an average rating of hold and mean price target of 3,542.31 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
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.
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.)
