Japanese Retail Solid Balance Sheet and Fundamentals

Sanrio Company

Market Cap: JP¥1.3t

Plans and sells social communication gifts, greeting cards, and books in Japan, Europe, North America, South America, rest of Asia, and internationally.

JINS HOLDINGS

Market Cap: JP¥125.8b

Through its subsidiaries, engages in the planning, manufacturing, sales, and import/export of eyewear in Japan and internationally.

PAL GROUP Holdings

Market Cap: JP¥262.7b

Engages in the planning, manufacture, wholesale, and retail of clothing products, including men’s and women’s clothing and accessories in Japan.

USS

Market Cap: JP¥794.6b

Operates and manages used vehicle auction sites in Japan.