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Kotobuki Spirits snaps three-day losing streak as 9.5% Jan-Mar sales growth offsets China travel curbs
Shares of Kotobuki Spirits Co., Ltd. <2222> rallied, snapping a two-day losing streak, after the company announced on the 10th that full-year sales for the fiscal year ended March 2026 rose 8.9% year-on-year to \78.796 billion. Despite Chinese travel curbs affecting the fourth quarter (January-March), sales for the period climbed 9.5% to \20.311 billion, spurring demand on the back of sustained growth momentum as Kotobuki continued to expand its store network and bolster inbound tourism initiatives. The company is scheduled to release its consolidated financial results for the fiscal year ended March 2026 on May 14.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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