Global Retail Strong Balance Sheet Stocks

Tea Life

Market Cap: JP¥4.9b

Engages in the Internet and catalog sale of health tea, health foods, cosmetics, medicines, etc.

Uniform Next

Market Cap: JP¥5.9b

Engages in the sale of uniforms to companies, stores, and individuals in Japan.

Saraswati Saree Depot

Market Cap: ₹3.5b

Engages in the wholesale distribution of women’s traditional and ethnic wear garments in India.

PAL GROUP Holdings

Market Cap: JP¥316.9b

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

Naksh Precious Metals

Market Cap: ₹76.7m

Naksh Precious Metals engages in the dealership of automobiles and trading of spare parts business in India and internationally.

CarTrade Tech

Market Cap: ₹77.7b

Operates a multi-channel online automotive platform in India and internationally.

Temple & Webster Group

Market Cap: AU$2.3b

Engages in the online retail of furniture, homewares, and home improvement products in Australia.

Beijing Caishikou Department StoreLtd

Market Cap: CN¥10.8b

Beijing Caishikou Department Store Co.,Ltd.

Numans Health Food Holdings

Market Cap: HK$640.0m

Engages in the marketing, sales, and distribution of finished nutritional products under the Nemans brand name in the People’s Republic of China.

Jason

Market Cap: JP¥8.8b

Develops and operates discount and variety stores in Japan.

Shin Shin Co

Market Cap: NT$1.9b

Operates department stores and underground streets in Taiwan.

Gansu Guofang Industry & Trade (Group)

Market Cap: CN¥7.4b

Gansu Guofang Industry & Trade (Group) Co., Ltd.

Luk Fook Holdings (International)

Market Cap: HK$10.3b

An investment holding company, engages in sourcing, designing, wholesaling, trademark licensing, and retailing various gold and platinum jewelry, and gem-set jewelry products.

Gujarat Cotex

Market Cap: ₹155.7m

Engages in trading of textile fabrics in India.

Starlineps Enterprises

Market Cap: ₹1.8b

Trades in precious metals, stones, and jewelry in India.

ABC-MartInc

Market Cap: JP¥705.7b

Engages in the retailing of shoes, clothing, and general merchandise products for men, women, and kids in Japan.

Nice One Beauty Digital Marketing

Market Cap: ر.س4.2b

Provides beauty and personal products through e-commerce platform in Saudi Arabia.

JINS HOLDINGS

Market Cap: JP¥203.1b

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

Naturo Agrotech India

Market Cap: ₹67.5m

Trades in fast-moving consumer goods (FMCG) and health care products in India.

Leysen Jewellery

Market Cap: CN¥2.5b

Engages in the design, development, and retail of diamond jewelry products in China.

Glorious Sun Enterprises

Market Cap: HK$1.9b

An investment holding company, engages in interior decoration and renovation business in Mainland China, Hong Kong, Australia, New Zealand, Canada, the United States, and internationally.

StreamLtd

Market Cap: JP¥3.2b

Engages in the Internet shopping management business in Japan.

Paris Miki Holdings

Market Cap: JP¥15.7b

Engages in the optical retail of prescription glasses, fashion eyewear, and related products worldwide.

Goldlion Holdings

Market Cap: HK$964.1m

An investment holding company, manufactures and distributes apparel in the People’s Republic of China, Hong Kong SAR, and Singapore.

Hunan Heshun PetroleumLtd

Market Cap: CN¥2.7b

Engages in the wholesale and retail of gasoline and diesel in China.

International Genius

Market Cap: HK$781.5m

An investment holding company, engages in the trading of party products in the Mainland China and Singapore.

Forward Fashion (International) Holdings

Market Cap: HK$102.0m

Engages in the retail of fashion apparel in Macau, Mainland China, Hong Kong, and Taiwan.

JB Hi-Fi

Market Cap: AU$11.3b

JB Hi-Fi Limited retails home consumer products.

Dusk Group

Market Cap: AU$69.7m

Dusk Group Limited retails scented and unscented candles, home decor, home fragrances, and gift solutions in Australia.

PNGS Gargi Fashion Jewellery

Market Cap: ₹9.8b

Engages in the trading of fashion and costume jewelry, articles of silver, and other articles in India.

Muraki

Market Cap: JP¥1.8b

Engages in the wholesale of car care, and automobile repair parts and related products in Japan.

KomeriLtd

Market Cap: JP¥142.5b

Operates a chain of home improvement stores in Japan.

MEDIA DO

Market Cap: JP¥25.9b

Engages in the eBook distribution business in Japan.

MBV International

Market Cap: HK$185.3m

An investment holding company, engages in sourcing, wholesaling, supplying, and marketing of imprintable apparel and gift products in Malaysia and Singapore.

Asahi

Market Cap: JP¥36.1b

Sells bicycles, parts, accessories, and other related products in Japan and China.

Inner Mongolia Xinhua Distribution GroupLtd

Market Cap: CN¥4.7b

Inner Mongolia Xinhua Distribution Group Co.,Ltd.