Hennessy Japan Fund Comments on MISUMI Group Inc

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Jun 26, 2014

MISUMI Group, Inc. (TSE:9962), the maker and distributor of metal mold components and precision machinery parts, … were among the major detractors from the Fund’s performance. Shares of MISUMI Group, Inc. declined 11% on what we believe was the market’s growing concern over its outlook for fiscal year 2014.

From Hennessy Japan Fund’s Semi-Annual Report April 30, 2014.