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Belluna Co., Ltd. Anticipates Limited Impact from Chinese Travel Advisories

Story Highlights
  • Belluna Co., Ltd. focuses on individual travelers, reducing reliance on Chinese tourists.
  • The company expects minimal financial impact from recent Chinese travel advisories.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Belluna Co., Ltd. Anticipates Limited Impact from Chinese Travel Advisories

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The latest announcement is out from Belluna Co., Ltd. ( (JP:9997) ).

Belluna Co., Ltd. has announced that the recent travel advisories from China are expected to have a limited impact on its hotel business, as Chinese tourists constitute only about 2% of its guests. The company reports stable bookings from domestic and other international markets and anticipates no significant effect on its financial results for the current fiscal year.

The most recent analyst rating on (JP:9997) stock is a Hold with a Yen1013.00 price target. To see the full list of analyst forecasts on Belluna Co., Ltd. stock, see the JP:9997 Stock Forecast page.

More about Belluna Co., Ltd.

Belluna Co., Ltd. operates in the hospitality industry, focusing on hotel services. The company maintains a diverse customer base, emphasizing individual travelers over group tours, which helps mitigate risks associated with fluctuations in international tourism.

Average Trading Volume: 329,667

Technical Sentiment Signal: Buy

Current Market Cap: Yen90.3B

Learn more about 9997 stock on TipRanks’ Stock Analysis page.

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