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Half-Yearly Results Announcement

Fidelity

Fidelity - Research team

Half-Yearly Results for the six months ended 30 June 2025

Key Highlights:

  • During the six-months ended 30 June 2025, Fidelity Japan Trust PLC (the “Company”) reported a net asset value (NAV) total return of +3.3% while the Reference Index, the TOPIX Total Return Index (in sterling terms) rose by +3.2%.
  • Over the same period, the ordinary share price total return of the Company was +10.6%.
  • The key driver of performance was successful stock selection in the retail and transportation equipment sectors