With the announcement of Alimentation Couche-Tard Inc.'s buyout intent for Seven & i Holdings Co. Ltd., Japanese executives are once again being slapped in the face with the simple capitalism logic that, unless management teams chase better capital efficiency and increase their corporate value, they may become a target of global consolidation. Please click here to read more about this topic from RMB Japan Fund portfolio manager Masa Hosomizu.

Please click this link to see the RMB Japan Funds current top 10 holdings.