Last year I wrote about the Japanese company Solcom (TYO:1987) after I posted about them on CoB&F. After their reverse split, I did end up buying some shares and the company was therefore part of my basket of Japanese stocks.
After Daiken (TYO:5900) last week, I sold my shares of Fujimak (TYO:5965) today. Like Daiken, Fujimak’s stock has also shot up in recent weeks and is up ~75% this year. The company is now selling at 0.72x book value. Fujimak did report pretty strong earnings for their third fiscal quarter. My approach in Japan has […]