Department store Takashimaya's stock surges on Japan tourism boom

Shares jump 8% at one point following earnings forecast upgrade

20230630N Takashimaya

Takashimaya's shares spiked after the department store chain lifted its earnings outlook. (Photo by Makoto Okada)

KYOKA OMICHI, Nikkei staff writer

TOKYO -- Takashimaya climbed sharply on the stock market Friday after the department store chain upgraded its earnings outlook, thanks to the rush of tourists entering Japan.

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