日本旅游和消费股大跌！券商警告日元或因赴日游客量骤降走弱

Core Viewpoint - The Chinese Ministry of Culture and Tourism has advised Chinese tourists to avoid traveling to Japan, which has led to significant declines in Japanese tourism and consumer stocks [1][2]. Group 1: Impact on Tourism and Consumer Stocks - From January to September 2025, tourists from mainland China and Hong Kong are expected to account for approximately 30% of all foreign visitors to Japan, with about 7.49 million from mainland China, representing a 42.7% increase year-on-year [2]. - On November 17, multiple tourism and consumer stocks in Japan experienced substantial declines, with Shiseido's stock dropping over 9% and Fast Retailing (Uniqlo's parent company) falling over 4% [1]. - Department store stocks, including Mitsukoshi Isetan Holdings and Takashimaya, fell between 6% to 11%, while the operator of Tokyo Disneyland, Oriental Land Company, saw a decline of about 5% [1]. Group 2: Economic Implications - If the number of Chinese tourists to Japan drops to zero and remains at that level, Japan's tourism revenue could decrease by nearly 200 billion yen (approximately 9.19 billion RMB) per month [1]. - The chief currency strategist at Nomura Securities indicated that a sustained drop in Chinese tourists could lead to a weakening of the yen [1].