T. Rowe Price Japan Fund Comments on Hikari Tsushin

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Jun 27, 2019

We also sold some shares of Hikari Tsushin (TSE:9435), which distributes office equipment to small businesses and resells mobile phone contracts to both individuals and small businesses. The stock has performed well, and we believe the risk/reward trade-off has become less attractive.

From T. Rowe Price Japan Fund (Trades, Portfolio)'s semi-annual 2019 shareholder letter.