Conversely, Terumo Medical Corporation (TSE:4543), Japan’s largest medical device manufacturer, … were among the major detractors from the Fund’s performance. Shares of Terumo Medical Corporation fell 13% following its third quarter earnings announcement for its fiscal year ended March 31, 2014, as investors were disappointed with the decline in sales.
From Hennessy Japan Fund’s Semi-Annual Report April 30, 2014.
