Furthermore, although there has been some form of a conclusion to the Greek debt crisis, there hasn't been a resolution to the sovereign-debt crisis in Europe and the inability of banks to warehouserisk due to risk and regulatory considerations, said analysts at Nomura.
"They have a giant warehouse so they have to pay rent, pay wages for warehouse employees and carry a huge amount of inventory at their own risk, because not every book is going to get sold, " says 7-Eleven Japan Vice Chairman Masaaki Kamata.