Japan’s Tourism and Retail Stocks Plummet Amid China Travel Advisory

Japan’s tourism and retail sectors are feeling the strain as China issues a travel advisory against Japan. Triggered by diplomatic tensions over Taiwan, this advisory has led to a sharp decline in stocks for tourism-reliant companies. Shiseido (4911.T), Japan Airport Terminal (9706.T), and ANA Holdings (9202.T) are among those affected, emphasizing vulnerabilities in an industry reliant on Chinese tourists. Let’s unpack the data and implications for Singaporean investors.