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Vera Yuan
Vera Yuan
Articles (1063) 

Matthews Japan Fund Comments on Ryohin Keikaku Co Ltd

July 30, 2015 | About:

By sector, consumer discretionary was the main driver of the Fund’s outperformance versus the benchmark. Japan’s consumption environment is slowly improving as the rise in nominal wages is prompting consumers to spend a little more on quality. Ryohin Keikaku (TSE:7453), the owner of the MUJI retail brand of clothing and housewares, is benefiting from this recovery and performed solidly during the quarter.

From Matthews Japan Fund (Trades, Portfolio)’s Q2 2015 Commentary.

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