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Olympic Group hits daily limit up on monthly magazine report sparking speculation

Wed Apr 1, 2026 1:37 pm JST Catalyst

Olympic Group Corporation <8289> surged to \537, up \80 from the previous trading day and hitting the daily limit, marking a new year-to-date high. The monthly magazine "Sentaku" reported in its April issue that Olympic Group Corporation, which is listed on the Tokyo Stock Exchange's Standard Market and operates supermarkets under the "Olympic" brand and discount stores, "appears to have begun preparations for a sale" according to securities industry sources. The article sparked speculation regarding a potential TOB (tender offer bid) and other possibilities, attracting a surge of buy orders. An IR representative from Olympic Group told MINKABU PRESS on the 1st that the company had "nothing to comment" regarding the article.

Source: MINKABU PRESS

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