Investment Framework
Coverage
Coverage Architecture Japan Consumer Coverage 01 — Retail & Pharmacies Segment structured by store formats and by volume, traffic, or value-driven strategies. Drugstores & Pharmacies Beauty specialists, hybrid grocery models, and dispensing networks. Coverage: * MatsukiyoCocokara (3088 JP) * Welcia (3141 JP) * Tsuruha (3391 JP) * Cosmos Pharmaceutical (3349 JP) * Sugi Holdings (7649 JP)