Most Popular
-
1
'Super Rich in Korea' will leave viewers appreciating Korea more: producers
-
2
Probe of first lady on Dior bag allegations set to begin
-
3
Korean battery makers heave sigh of relief over 2-year IRA reprieve
-
4
Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
-
5
Over 80,000 millionaires, 20 billionaires in Seoul: report
-
6
Indonesia’s KF-21 fighter jet deal cut back -- what’s next?
-
7
[KH Explains] Can tech firms' AI alliances take on Nvidia?
![[KH Explains] Can tech firms' AI alliances take on Nvidia?](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/07/20240507050619_0.jpg&u=)
-
8
Police seek arrest warrant for med student who killed girlfriend
-
9
Young Korean doctors seek plan B: cosmetic dermatology or overseas
-
10
Local filmmakers criticize ‘The Roundup: Punishment’ monopoly of screens
![[KH Explains] Can tech firms' AI alliances take on Nvidia?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/05/07/20240507050619_0.jpg&u=)
[THE INVESTOR] Japan Tourism Corporation, which runs duty-free stores for foreign visitors in Japan, plans to list its shares on South Korea’s secondary bourse KOSDAQ next year, according to sources on July 6.
It is the first time that a Japanese firm is seeking an initial public offering on the Seoul bourse after Japanese mortgage bank SBI Mortgage went public in 2012.
It is the first time that a Japanese firm is seeking an initial public offering on the Seoul bourse after Japanese mortgage bank SBI Mortgage went public in 2012.
Headquartered in Fukuoka City, JTC is entirely owned by Korean native Ku Chul-mo, who is its chief executive and president.
The company posted 700 billion won (US$600 million) in sales with an operating margin of 10 percent.
JTC plans to use the funds it will raise through the IPO to open new duty-free shops. It runs some 23 stores in major cities including Tokyo and Osaka.
By Park Han-na (hnpark@heraldcorp.com)
-
Articles by Korea Herald
![[K-pop’s dilemma] Time, profit pressures work against originality](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/05/08/20240508050705_0.jpg&u=20240508171126)
![[Today’s K-pop] NCT Dream to drop pre-release from 2nd Japan single](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/05/08/20240508050725_0.jpg&u=)