Daily Brief Consumer: Tokyo Stock Exchange Tokyo Price Index Topix, Burlington Stores and more

In today’s briefing:

Japanese Managers Have Always Wanted to Distance Themselves from Market Pressures
Burlington Stores Inc.: Detailed Credit Analysis & Financial Strength Evaluation Report
Burlington Stores Inc.: Initiation of Coverage – Business Strategy & Key Drivers

Japanese Managers Have Always Wanted to Distance Themselves from Market Pressures

It’s skeptical that managers before the bubble economy really took risks. They no longer are protected by regulations as they were before, and must take risks on their own initiative.
The Stewardship Code and Corporate Governance Code were introduced in the hope that they would provide a boost to standstill managers to improve profitability to increase corporate value.
Exit from the market is an important factor, but it can decelerate the speed at which exits are facilitated, such as maintaining listing through transitional measures or changing TOB rules.

Burlington Stores is one of the major off-price retailer chains in the U.S.
The company has strong fundamentals and has seen sizable, consecutive improvement in its sales trends in recent times.
The management interprets this increase in traffic as a sign that the macro headwinds may be beginning to weaken.

This is our first report on Burlington Stores, Inc., one of the major off-price retailer chains in the U.S.
The company delivered a strong quarter, with sizable, consecutive improvement in its sales trends.
Comparable store sales increased by 6% and the the result was an all-around beat.

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