Global Retail Low Leverage High Rewards

DoshishaLtd

Market Cap: JP¥93.9b

Plans, develops, produces, and sells lifestyle-related products in Japan and Internationally.

Pets at Home Group

Market Cap: UK£1.0b

Engages in the omnichannel retailing of pet food, pet related products, and pet accessories in the United Kingdom.

Dillard's

Market Cap: US$7.8b

Operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States.

Joyful HondaLtd

Market Cap: JP¥131.0b

Through its subsidiaries, engages in the home improvement retail business in Japan.

GSI Creos

Market Cap: JP¥27.4b

Offers textiles and industrial products worldwide.

Joshin Denki

Market Cap: JP¥63.5b

Operates electrical appliance retail and ancillary business in Japan.

I.A Group

Market Cap: JP¥5.3b

Engages in the car parts business in Japan.

Hallenstein Glasson Holdings

Market Cap: NZ$492.1m

Operates as a retailer of men’s and women’s clothing in New Zealand and Australia.

Dacome International

Market Cap: NT$762.5m

Distributes and sells golf equipment in Taiwan and internationally.

AOKI Holdings

Market Cap: JP¥148.4b

Engages in the fashion, anniversary and bridal, entertainment, and real estate rental businesses in Japan.

Petrol d.d

Market Cap: €2.1b

Through its subsidiaries, sells petroleum and other energy products, merchandise and services, and energy and solutions in Slovenia, Croatia, Austria, Bosnia, Herzegovina, Serbia, Montenegro, Romania, Macedonia, and internationally.

Teo Guan Lee Corporation Berhad

Market Cap: RM 87.3m

An investment holding company, markets, distributes, and retails garments and related accessories in Malaysia.

National Petroleum

Market Cap: NT$19.3b

Engages in the gas stations business in Taiwan.

Changsha Tongcheng HoldingsLtd

Market Cap: CN¥3.2b

Engages in commercial retail, comprehensive investment, and tourism hotels businesses in China.

Crops

Market Cap: JP¥15.8b

Engages in the sale and service of mobile phones through stores in Japan and internationally.

Zett

Market Cap: JP¥8.6b

Engages in the manufacture and wholesale of sports equipment in Japan.

Jullundur Motor Agency (Delhi)

Market Cap: ₹2.0b

Trades and distributes automobile parts, accessories, and petroleum products primarily in India.

Scroll

Market Cap: JP¥37.8b

Primarily engages in the mail-order and e-commerce businesses in Japan.

Phol Dhanya

Market Cap: ฿567.0m

Distributes occupational safety, health, and environmental products in Thailand and internationally.

Accent Group

Market Cap: AU$919.8m

Engages in the retail, distribution, and franchise of lifestyle footwear, apparel, and accessories in Australia and New Zealand.

Dunelm Group

Market Cap: UK£2.4b

Engages in the retail of homewares in the United Kingdom.

Monro

Market Cap: US$490.5m

Engages in the operation of retail tire and automotive repair stores in the United States.

Sac's Bar Holdings

Market Cap: JP¥23.5b

Engages in the retail sale of bags, fashion goods, and related accessories in Japan.

Shoe Carnival

Market Cap: US$586.4m

Operates as a family footwear retailer in the United States.

E-Life

Market Cap: NT$7.0b

Engages in the retail of home appliances, computers, and mobile devices in Taiwan.

Oriental Holdings Berhad

Market Cap: RM 4.2b

Engages in automotive business.

K's Holdings

Market Cap: JP¥236.4b

Operates consumer electronics stores in Japan.

SaftecLtd

Market Cap: JP¥2.8b

Provides safety products to the construction industry in Japan.

Bonia Corporation Berhad

Market Cap: RM 225.1m

An investment holding company, engages in the designing, manufacturing, promoting, advertising, and marketing of fashionable apparel, footwear, accessories, and leather goods in Malaysia, Singapore, Indonesia, and internationally.

Sanyei

Market Cap: JP¥7.7b

Engages in the wholesale and retail of furniture and houseware, fashion accessories, and home appliances in Japan and internationally.

Aoyama Trading

Market Cap: JP¥115.2b

Engages in the business wear, credit card, printing and media, sundry sales, repair service, franchisee, and other businesses in Japan.

Super Retail Group

Market Cap: AU$3.6b

Engages in the retail of auto, sports, and outdoor leisure products in Australia and New Zealand.

Ku HoldingsLtd

Market Cap: JP¥38.7b

Engages in the import and sale of new and used cars in Japan.

Central Automotive Products

Market Cap: JP¥102.3b

Engages in the development, import and export, and sale of automotive parts and related services.

Takashimaya Company

Market Cap: JP¥376.6b

Engages in the department stores, corporate, and mail order business in Japan.

USS

Market Cap: JP¥821.1b

Operates and manages used vehicle auction sites in Japan.