Group 1 - A significant number of travel agencies in China have reported over 60% cancellations for group tours to Japan due to safety concerns and recent diplomatic tensions [1][1][1] - The Chinese Ministry of Foreign Affairs has advised citizens to avoid traveling to Japan, citing a deterioration in safety conditions for Chinese nationals [1][1][1] - Major Chinese airlines have announced special handling for tickets to Japan, allowing free cancellations and changes for certain tickets [1][1][1] Group 2 - The Japanese tourism-related stocks have experienced a sharp decline, with the Nikkei 225 index dropping over 1% on November 17 [1][1][1] - Notable declines in stock prices include Mitsukoshi Isetan down over 11%, Muji down over 9%, and Japan Airlines down over 3% [1][1][1] - Travel agencies are facing financial losses due to non-refundable costs associated with hotel bookings and local arrangements in Japan, despite being able to refund flight tickets [1][1][1]