Harris Associates
Harris Associates Japan Strategy
Japan
Dec 2024 → Sep 2026
Our archive holds 3 letters from this strategy, behind 3 investment theses and positions in 12 companies. Every quote below is copied verbatim from the letter it came from.
3 letters in 3 years · follow all of Harris Associates for every strategy.
Performance
as of Sep 30, 2026 · net of fees · USD · Net of Fees
- YTD+13.2%index +22.7%
- 1Y+14.0%index +26.6%
- 3Y · /yr+17.6%index +21.4%
- 5Y · /yr+7.8%index +9.8%
- 10Y · /yr+9.7%index +9.6%
- Inception · /yr+9.6%index +8.7%
Index: MSCI Japan Index
| YTD | 1Y | 3Yper year | 5Yper year | 10Yper year | Since inceptionper year | |
|---|---|---|---|---|---|---|
| Harris Associates Japan Strategy | +13.2% | +14.0% | +17.6% | +7.8% | +9.7% | +9.6% |
| MSCI Japan Index | +22.7% | +26.6% | +21.4% | +9.8% | +9.6% | +8.7% |
Disclaimer
These figures are copied from the manager’s latest letter, as of Sep 30, 2026. They were extracted automatically, have not been verified by HF Best Ideas and may contain errors. They cover a single share class, in the currency and fee basis stated above; other share classes and your own returns will differ. This is not investment advice, nor an offer to buy or sell any fund. Past performance does not predict future returns.
Read full disclosures →What it bought and sold
We eliminated the following position(s) during the period: • Bunka Shutter
We eliminated the following position(s) during the period: • Bunka Shutter • DTS • WingArc1st
We eliminated the following position(s) during the period: • Bunka Shutter • DTS • WingArc1st
We initiated the following position(s) during the pe- riod: • Riken Keiki is a manufacturer of industrial gas detection equipment,
• PERSOL HOLDINGS
• Cosmos Pharmaceutical
Also held
Its investment theses
- Riken KeikiSep 2026Riken Keiki has a dominant market position, recurring aftermarket revenue, and strong semiconductor-driven growth, with shares viewed as attractively priced.
- Sony Group CorporationSep 2026Sony Group Corporation has durable competitive advantages across gaming, music, and image sensors, and trades at a discount to intrinsic value.
- TISIJun 2026TISI is an IT consulting and services company with improving profitability, strong order momentum, excellent capital allocation, and growth driven by INTEC integration.