EVENTS:   Best Equity Short Ideas Conference Call 12 - Zach Shannon/Corto Capital Advisors & Craig Huber/Huber Research Partners & Thomas Beevers /Forensic Alpha & Ed Steele/Iron Blue Financials & Bill Campbell/Paragon Intel - 12 Nov 25   Will AI Deflate the World? Macro Lessons from Three Industrial Revolutions and China - Manoj Pradhan/Talking Heads Macro - 13 Nov 25     ROADSHOWS: Forest Products Sector Equity and Commodity Research With Expertise in Distressed Debt - Kevin Mason /ERA Research   •   London   12 - 14 Nov 25       Buyside to Buyside Forum and Expert Calls across TMT, Consumer, Healthcare and Fintech - Andrew Peters /Revelare Partners   •   London   17 - 19 Nov 25       Fundamental US Healthcare Short Ideas - Dr Elliot Favus /Favus Institutional Research   •   London   17 - 19 Nov 25      

Fortnightly Publication Highlighting Latest Insights From IRF Providers

Company Research

Key stories from Japan's retail & consumer markets

Consumer Discretionary / Staples

JapanConsuming

Highlights from this month’s issue of JapanConsuming include: 1) The great divide: Isetan & Hankyu break records as regional stores close. 2) Rakuten’s Seiyu sell off will boost netsuper business. 3) Authentic Brands to open office in Japan’s “¥3trn brand paradise”. 4) Yaoko: 34 years of record profits. 5) Ecbeing nears ¥1trn in GTVs. 6) Big apparel revival: Onward up again, Sanyo Shokai finally makes a profit. 7) Seven & I CEO survives - just about. 8) Their 'FOCUS' article examines whether today’s ‘normal’ is the same as it was back in 2019: record levels of income, full to bursting savings accounts, alongside subtle signs of a falling propensity to save mean people are out spending again.

Edition: 162

- 09 June, 2023