Investor confidence returns to Japan's Shochiku
Shochiku, one of Japan's leading distributor/exhibitors, saw its share price rocket to $5.8 (Y715) on the Tokyo Stock Exchange on Wednesday Nov 28. In just 25 days, the company's stock has soared by $1.2 (Y141), partly in anticipation of the Dec 1 release of Harry Potter, but also thanks to an impressive revitalisation of the company, which saw it this year post midterm net operating profits for the first time in four years.
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