JINS HOLDINGS accelerates gains against volatile market, briefly tops Prime Market gainers on strong May sales
JINS HOLDINGS Inc. <3046> surged with a gap-up opening on Monday, defying broader market volatility. The stock jumped more than 10% intraday to hit a fresh year-to-date high, topping the Prime Market gainers list and approaching the psychologically significant 9,000 yen level. Following Friday's close, the company reported a robust 17.2% year-on-year surge in May same-store sales. On an all-store basis, sales expanded 26.4% year-on-year.
While JINS HOLDINGS' monthly sales for the current fiscal year starting September 2025 have remained robust, May's growth velocity was particularly notable following April's strong performance, capturing market attention. The gains were driven by a favorable calendar tailwind of two extra holidays compared to the prior year, alongside highly effective promotional initiatives. The company successfully captured strong inbound tourism and seasonal demand, fueling revenue growth. This has sparked buying interest, while the stock's upside remains supported by a continued unwinding of margin long positions, which has eased supply-demand pressure.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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