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Vera Yuan
Vera Yuan
Articles (1063) 

Matthews Japan Fund Comments on Kyoritsu Maintenance Co Ltd

July 30, 2015 | About:
During the quarter, we added Kyoritsu Maintenance (TSE:9616), an operator of hotels and dormitories. Hotel operations have been benefiting from the influx of inbound tourists, which has pushed up both occupancy and prices. The company plans to aggressively invest in the expansion of its hotel portfolio and given their track record, we are quite optimistic on its ability to execute.

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

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