Posted Saturday, March 11, 2023 at 10:35pm
Subaru (OTCPK:FUJHY) was one of the latest companies in my look at “Asian businesses” that I did back in late 2022 and early 2023. While this company was once a business with particular exposure to both military and aerospace, this is no longer the case. In the current context, the company is primarily an Asian automotive business, with a small licensing deal, offering the company the potential to manufacture helicopters and planes – though this is an exceedingly small part of the company’s sales mix.
Nonetheless, my returns on the position since my last article have been excellent in terms of sector and market outperformance and confirm my positive thesis for the business.
