TOHO ranks 5th in rising buy predictions from individual investors on Minkabu
TOHO CO., LTD. <9602> ranked fifth in the "increasing buy predictions" category as of 2:00 p.m. Wednesday, based on retail investor sentiment data aggregated by Minkabu.
TOHO announced preliminary box office results for its film exhibition and distribution divisions after Tuesday's close. Box office revenue from the exhibition division, which includes all films screened at TOHO Cinemas and other venues, reached 7.00 billion yen in May, up 8.80% year-on-year. Meanwhile, box office revenue from the distribution division, which handles Japanese and foreign films distributed by TOHO's film sales department, totaled 7.67 billion yen for Japanese films, down 2.60% year-on-year, and 4.74 billion yen for foreign films, up 88.00% year-on-year, in May. Both the exhibition and distribution segments benefited from hit titles such as "Detective Conan: The Movie - Highway Angel of Descent," "SAKAMOTO DAYS," and "The Super Mario Galaxy Movie."
TOHO shares rebounded Wednesday, fueled by the view that recent solid box office performance will continue, driving the increase in buy predictions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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