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Vera Yuan
Vera Yuan
Articles (1063) 

Matthews Japan Fund Comments on Fanuc Corp

July 30, 2015 | About:
Meanwhile, we significantly trimmed our position in robotics company FANUC (TSE:6954). Though we applaud the company’s new shareholder return policy, we believe the share price has moved away from fundamentals, which is becoming increasingly challenging with declining market share in numerical control and decelerating capital investment by smartphone manufacturers.

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


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