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Japan Retail - May 2022

"The retail sector has begun to see some improvements over the past half year as COVID-19 has gradually shifted toward an endemic state. Nonetheless, this recovery has not been evenly distributed, and there is still a stark dichotomy between prime and non-prime locations. Rising costs and a weak yen will apply inflationary pressure, but the impact is likely to be manageable, while a weak yen also presents an opportunity for inbound capital."

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