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The latest update is out from Japan Airport Terminal Co ( (JP:9706) ).
The company will close its downtown duty-free store inside Ginza Mitsukoshi by September 2026 and may dissolve its Japan Duty Free Fa-So-La Mitsukoshi Isetan joint venture, after COVID-era shifts in travel, brand access issues, and concentrated regional demand rendered the business model too risky despite a recent return to profitability; management expects little effect on near-term consolidated results but will reassess the subsidiary’s future with joint venture partners.
The most recent analyst rating on (JP:9706) stock is a Buy with a Yen5327.00 price target. To see the full list of analyst forecasts on Japan Airport Terminal Co stock, see the JP:9706 Stock Forecast page.
More about Japan Airport Terminal Co
Japan Airport Terminal Co. operates in the aviation infrastructure and retail services industry, managing terminals and duty-free retail through subsidiaries to serve international travelers across Japan’s major airports.
Average Trading Volume: 348,153
Technical Sentiment Signal: Buy
Current Market Cap: Yen446.2B
For an in-depth examination of 9706 stock, go to TipRanks’ Overview page.