A major European brokerage on August 12 maintained its "Neutral" rating on Nitori Holdings (9843.T) while raising its target price to ¥2,970 from ¥2,420, a move that modestly exceeds the prior day's analyst consensus target of ¥2,947. Nitori carried an average rating of 3.89 from nine analysts, placing it in slightly bullish territory, even as the brokerage stopped short of recommending the stock at current levels. The target increase comes as Nitori's share price has stayed firm and as analysts across Japan's retail sector have been lifting targets amid recovering consumer conditions and stronger inbound demand. Nitori, Japan's largest furniture and home furnishings retailer, runs an integrated manufacturing-logistics-retail model spanning production, distribution and sales, while continuing domestic store openings and accelerating expansion in Asia. Investors are focused on whether the company can absorb higher import costs from yen depreciation without losing price competitiveness, an area where its in-house product development and supply-chain efficiency are seen as key supports. Separately, the same brokerage on August 10 kept a "Neutral" rating on Yamada Holdings (9831.T) and raised its target price to ¥690 from ¥550, above the consensus target of ¥668, underscoring a broader improvement in sentiment toward domestically exposed retail names tied to personal consumption trends.