Research from Mita Securities, Mita Securities

Mita Securities

Mita Securities provides a full scale diversified investment banking and financial services. A comprehensive investment banking department, specializes in rights offerings advisory, take-over bids agents, M&A etc. Including a proprietary trading desk, and wealth management department that offers brokerage, custody, real estate, and full proxy services.

Research from Mita Securities

Equity Bottom-Up

<ul><li>Same-store sales have been improving gradually on the back of the recovery of foot traffic, but still below the company’s target</li><li>As the company has stores throughout Japan, there appears to be a mix of areas where the recovery has been progressing and areas where the recovery has been sluggish</li><li><p>Since May 26, the company has been running aggressive promotions. We will watch closely to see if sales will recover in June.</p></li></ul>

Same-store sales have been improving gradually on the back of the recovery of foot traffic, but still below the company’s targetAs the company has stores throughout Japan, there appears to be a mix of areas where the recovery has been progressing and areas where the recovery has been sluggishSince May 26, the company has been running aggressive promotions. We will watch closely to see if sales will recover in June.

Skylark Holdings (3197): Improving Gradually, but Still Below Target

Skylark Co Ltd

Skylark Holdings (3197): Improving Gradually, but Still Below Target