Nomura Funds Ireland – Japan Strategic Value Fund
Overview
The Japan Strategic Value strategy (JSV) is a purely “bottom-up” approach without sector constraints (except for binding ESG criteria) where the quality of stock selection is paramount. The strategy aims to add value by investing in stocks the investment team considers to be undervalued with potential and strength. The investment process is based on a combination of rigorous quantitative screening based on valuation factors with liquidity consideration and qualitative analysis on companies’ fundamentals.
Our approach
- Purely “bottom-up” approach without sector constraints*.
- Strategic Value Investing using the “Triangulation of Value” based on undervaluation and potential:
- Asset Value
- Earnings Power Value
- Franchise Value
- Utilise the approach that combines quantitative and qualitative sustainability analysis, particularly in our value assessment.
- Portfolio of 70 to 150 stocks with attractive long-term upside/downside profiles.
- SFDR** Classification: Article 8.
* Except for certain sector exclusions
** EU Sustainable Finance Disclosure Regulation.
Further details of the sustainability strategy are described in the tab “Sustainability-related disclosure”.
Reasons to invest
- The strategy has achieved strong results in various market conditions, i.e. across bull, bear and bubble periods.
- A dedicated, passionate and experienced team of investment professionals, with access to Nomura’s global resources including one of the largest buy-side research teams in Japan.
- Flexible long-term strategy with no market-cap bias and sector constraints (as above).
- Esoteric Mindset: Challenging the masses is a prerequisite to our way of investing.
- Tangibility Focus: Balancing tangible analysis and extrapolation allows us to minimize mistakes.
- Insight Driven: Studying non-conventional aspects of the value chain yields unique insights.
Potential significant risks
By focusing its investments in Japan, the fund will have greater exposure to the market, political and economic risks of that country than if it were more diversified across a number of countries.
Sustainability information from investee companies and third-party data providers may be incomplete, inaccurate or unavailable. As a result, there is a risk that we may incorrectly assess a security or issuer, resulting in the incorrect inclusion or exclusion of a security in the portfolio.
Investment Objective |
To achieve long-term capital growth through investment in a portfolio of Japanese equity securities. A long-term strategy focusing on the unlocking of value at stock level, emphasising the long-term investment theme of improving returns at a corporate level. The approach is unconstrained and driven by in-depth research and fundamental analysis. |
Fund Size |
USD 2.9 billion (as at 30.12.2025) |
Investment Manager |
Nomura Asset Management U.K. Ltd. |
Fund Manager |
Yoshihiro Miyazaki, CMA, Chief Portfolio Manager, |
Launch Date |
26.08.2009 |
Base Currency |
JPY |
Universe |
Morningstar category: Japan Large Cap Value IA Sector: Japan |
Benchmark |
TOPIX |
Domicile |
Ireland (Nomura Funds Ireland plc) |
Lead ISINs |
I JPY: IE00B3VTL690 I GBP: IE00B3W35Q81 I USD: IE00B3YZ8K73 I EUR: IE00B3YQ1K12 For additional share class information, please contact us. |
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| Class I JPY |
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| Class A JPY |
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| Class R JPY |
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| Class R EUR Hedged |
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For a full list of available share class documents including PRIIPs KIDs, please visit our fund documents page.
The lead share class fund literature is shown first in the above list. If any literature is not available in the above list for the share class you are invested in/interested in, please contact [email protected]
Project BRIDGE
In March 2022, Nomura Asset Management (“NAM”) announced the launch of Project BRIDGE.
Read more about Project BRIDGE
Nomura Funds Ireland plc is an open-ended investment company with variable capital, incorporated in Ireland on 13th April, 2006 under the Act with registration number 418598. The Fund has been authorised by the Central Bank as an UCITS pursuant to the UCITS Regulations. The Fund is structured as an umbrella fund consisting of different Sub-Funds each comprising one or more Classes. The Fund has segregated liability between each of its Sub-Funds.
Full information on the presented funds, which is relevant for an investment decision, can be found in the fund´s most recent sales prospectus, key information document (PRIIPs KID), key investor information document (UCITS KIID) – as appropriate for your relevant jurisdiction – and annual and semi-annual reports. The UCITS KIIDs are available in English and, for the PRIIPs KIDs, in the official language of the countries in which the fund is registered for distribution. This fund displays higher volatility due to its composition / the techniques used by the fund management, i.e. unit prices can fluctuate upwards or downwards within short periods of time. Performance in the past is no guarantee of future success. There can be no guarantee that the fund´s investment objective will actually be achieved.
A summary of investor rights in English and information on collective redress mechanisms are available at https://www.nomura-asset.co.uk/download/funds/how-to-invest/Summary_of_investor_rights.pdf . Nomura Asset Management U.K. Limited may at any time decide to terminate arrangements it may have made for the marketing of units of a fund in a member state other than its home member state.
