Hennessy Japan Small Cap Fund Comments on BIC Camera Inc

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Dec 31, 2014

Among the strongest performing stocks in the Fund were shares of Bic Camera, Inc. (TSE:3048), the second largest consumer electronics retailer, Yamaichi Electronics Co., Ltd., a leading manufacturer of integrated circuit sockets, and S Foods, Inc., a manufacturer and retailer of meat products. During the period, in Yen terms, shares of Bic Camera, Inc. (TSE:3048) surged +101% due to firm sales, even after the consumption tax hike in April.

From Hennessy Japan Small Cap Fund (Trades, Portfolio)