(Original title: Japan’s World Cup concept stocks rise after Japan upset Spain)
Zhitong Finance APP learned that some sports and entertainment related stocks in Japan rose after Japan upset Spain to qualify for the next round of the World Cup in Qatar. Among them, shares of CyberAgent Inc., which streams all games for free in Japan through its streaming service Abema, rose 7.3 percent. Elsewhere, sporting goods maker Mizuno Corp. 5.3 per cent, while mini bar chain Hub Co gained 15 per cent.
In this regard, Hideyuki Suzuki, general manager of SBI Securities Co., Ltd., said: “The theme of the World Cup and football is a short-term idea, but in the long term, the number of children who want to play. ball can -foot will increase, and we can imagine a situation where Technology will be gradually integrated into sports, including metaverse applications.”
It is understood that the Japanese team defeated Spain, the perennially strong team that won the World Cup in 2010, 2-1, coming first in Group E. Not only that, but this is the second victory for the Japanese team in the period group, after the team also defeated the German team.
In addition, the Japanese team will face Croatia next week to enter the final stage of the World Cup. Croatia is said to be 12th in the FIFA world rankings and Japan is 24th.
