Latest Tokyo Brief coverage on SHIMAMURA Co.,Ltd., tracking filings, financial news, and market signals from Japan.
TSE:8227
Japan's value-clothing chain Shimamura grew first-half operating profit 5.3% to ¥33.13bn, yet management still describes fierce price competition and thrifty shoppers as the norm, with full-year guidance left unchanged.
Japan's discount clothing chain is taking over site rights and select assets at 21 stores run by a Sumitomo Corporation-owned supermarket operator, but not its debts, supplier contracts, or the price paid.
Current holdings disclosed by tracked funds.