transcosmos inc News and Headlines -

GuruFocus Articles Total 2
  • 1

The fund's largest new position is Sanyo Chemical Industries

The Hennessy Japan Small Cap Fund (Trades, Portfolio) released its first-quarter 2019 portfolio this week, listing six new holdings.

The fund, which is part of California-based Hennessy Advisors, is managed by Tadahiro Fujimura and Tetsuya Hirano. Focusing on sustainable growth while limiting downside, the portfolio managers invest in a concentrated number of growth-oriented, small-cap Japanese companies that have a strong balance sheet, a durable competitive advantage, a high return on equity, above-average earnings growth and strong cash flow generation.

Based on these criteria, Hennessy established positions in Sanyo Chemical Industries Ltd. (TSE:4471), Transcosmos Inc. (TSE:9715), Tosei Corp.

262 Views    Sydnee Gatewood    2019-04-04 15:58

The Hennessy Japan Fund (Trades, Portfolio) and Hennessy Japan Small-Cap Fund both seek attractively priced, strong businesses with capable management. Through both analyzing and visiting companies, managers choose stocks they perceive as having a significant “value gap.” The Hennessy Japan Fund (Trades, Portfolio) (HJPNX) has returned 7.9% since its inception in 2003, beating its benchmark Russell/Nomura Total Market Index return of 4.51%. Last year, its return was 31%.

In the first quarter of 2014, the fund Hennessy Japan Small Cap Fund (Trades, Portfolio) selected nine new stocks, for 19% portfolio turnover.

1037 Views    Holly LaFon    2014-04-01 18:40