Skip to contentHome page Seeking Alpha - Power to InvestorsNov. 16, 2025 10:09 AM ETNIFCY, KSANF, MSUXF, SMCAY, ASBRFHarris Oakmark1.49K FollowersCommentsSummaryOakmark Japan Strategy portfolio’s return was 4.93% (Net) for the reporting period versus MSCI Japan Index (Net) that returned 8.02% for the same period.Kansai Paint’s stock price appreciated after it reported earnings and announced an upward dividend revision.SMC’s stock price declined amidst weaker-than-expected earnings.Thapana Onphalai/iStock via Getty ImagesThe following segment was excerpted from the Oakmark Japan Strategy Q3 2025 Commentary.Portfolio PerformanceThe portfolio’s return was 4.93% (Net) for the reporting period. This compares to the MSCI Japan Index (Net) that returned 8.02% for the same period.This article was written byHarris Oakmark1.49K FollowersHarris Associates L.P. was founded in 1976 by dedicated investment professionals who believed that delivering successful investment results for clients requires a consistent investment philosophy, a commitment to superior investment research and a high level of customer service. Our roster of clients has grown over the years, but these basic beliefs remain unchanged. We are value investors who believe that, over time, the price of a stock will rise to reflect the value of the underlying company. In constructing portfolios for our clients, we seek out companies that we believe are trading in the market at significant discounts to their underlying value. These businesses must offer significant profit potential and be run by managers who think and act as owners. We frame the investment process as owing a piece of a business for the long term. We believe in the importance of intensive, fundamental research. Our research process is based on a disciplined quantitative and qualitative screening process. We are independent thinkers who do not look to Wall Street for answers. Our experienced analysts are generalists who evaluate each company on the basis of its fundamental characteristics.CommentsRecommended For YouTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.