0001752724-21-251057.txt : 20211123 0001752724-21-251057.hdr.sgml : 20211123 20211123102301 ACCESSION NUMBER: 0001752724-21-251057 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210930 FILED AS OF DATE: 20211123 PERIOD START: 20211231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL FUNDS CENTRAL INDEX KEY: 0000923184 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08510 FILM NUMBER: 211435556 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 8007898742 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 0000923184 S000001033 MATTHEWS JAPAN FUND C000002791 Investor Class Shares MJFOX C000093225 Institutional Class Shares MIJFX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000001033 C000093225 C000002791 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Japan Fund S000001033 549300P20ZRZ4BHKII44 2021-12-31 2021-09-30 N 1702912494.68 10099607.10 1692812887.58 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 22251731.06000000 N Yamato Holdings Co Ltd N/A Yamato Holdings Co Ltd 000000000 1140400.00000000 NS 28863958.88000000 1.705088559507 Long EC CORP JP N 2 N N N Toyota Industries Corp 35380000WKGEAHEMW830 Toyota Industries Corp 000000000 555400.00000000 NS 45698251.72000000 2.699545357628 Long EC CORP JP N 2 N N N Bandai Namco Holdings Inc N/A Bandai Namco Holdings Inc 000000000 241700.00000000 NS 18170450.52000000 1.073388007222 Long EC CORP JP N 2 N N N PeptiDream Inc N/A PeptiDream Inc 000000000 405700.00000000 NS 13243772.49000000 0.782353004704 Long EC CORP JP N 2 N N N Olympus Corp 5299000Y52IFDI1I2A21 Olympus Corp 000000000 2064400.00000000 NS 45185561.95000000 2.669259094228 Long EC CORP JP N 2 N N N OBIC Bus Consult N/A OBIC Business Consultants Co Ltd 000000000 163200.00000000 NS 8308183.69000000 0.490791613825 Long EC CORP JP N 2 N N N Sysmex Corp 5299001ZO4CKWACMZI55 Sysmex Corp 000000000 151900.00000000 NS 18867280.84000000 1.114552055837 Long EC CORP JP N 2 N N N AGC Inc JE4WFFEELMVPFZ0G1E77 AGC Inc 000000000 786000.00000000 NS 40504349.28000000 2.392724534245 Long EC CORP JP N 2 N N N Hikari Tsushin Inc 3538001SOIIV8U3OXH94 Hikari Tsushin Inc 000000000 99500.00000000 NS 16817387.39000000 0.993458137835 Long EC CORP JP N 2 N N N Ushio Inc N/A Ushio Inc 000000000 1357200.00000000 NS 25434359.27000000 1.502490881101 Long EC CORP JP N 2 N N N Mitsui High-Tec Inc N/A Mitsui High-Tec Inc 000000000 230500.00000000 NS 15773665.55000000 0.931802071317 Long EC CORP JP N 2 N N N Tokyo Century Corp 35380096ZLHOF84DXR74 Tokyo Century Corp 000000000 148600.00000000 NS 8366114.41000000 0.494213771136 Long EC CORP JP N 2 N N N SoftBank Group Corp 5493003BZYYYCDIO0R13 SoftBank Group Corp 000000000 704800.00000000 NS 40727069.39000000 2.405881340389 Long EC CORP JP N 2 N N N Simplex Holdings Inc N/A Simplex Holdings Inc 000000000 700300.00000000 NS 12685249.11000000 0.749359199889 Long EC CORP JP N 1 N N N Persol Holdings Co Ltd 3538000H6OI725NB2008 Persol Holdings Co Ltd 000000000 375800.00000000 NS 9368348.00000000 0.553418990884 Long EC CORP JP N 2 N N N Suntory Beverage & Food Ltd 549300FONLMVK7YYYH41 Suntory Beverage & Food Ltd 000000000 399700.00000000 NS 16569705.60000000 0.978826763523 Long EC CORP JP N 2 N N N Nitori Holdings Co Ltd N/A Nitori Holdings Co Ltd 000000000 130600.00000000 NS 25737593.53000000 1.520403921711 Long EC CORP JP N 2 N N N Sony Group Corp 529900R5WX9N2OI2N910 Sony Group Corp 000000000 818600.00000000 NS 90879950.69000000 5.368576252979 Long EC CORP JP N 2 N N N JSR Corp 353800TL8FC0AWR22506 JSR Corp 000000000 1299200.00000000 NS 46701022.05000000 2.758782284364 Long EC CORP JP N 2 N N N Morinaga Milk Industry Co Ltd 529900FB91P7MVO08949 Morinaga Milk Industry Co Ltd 000000000 392900.00000000 NS 24542101.08000000 1.449782268321 Long EC CORP JP N 2 N N N Kadokawa Corp N/A Kadokawa Corp 000000000 563600.00000000 NS 31358505.10000000 1.852449572547 Long EC CORP JP N 2 N N N Ibiden Co Ltd 52990051DBFIQEY37C91 Ibiden Co Ltd 000000000 763400.00000000 NS 41991046.27000000 2.480548593296 Long EC CORP JP N 2 N N N Eisai Co Ltd 353800HDEE0ZYEX4QV91 Eisai Co Ltd 000000000 196600.00000000 NS 14726811.21000000 0.869960957767 Long EC CORP JP N 2 N N N Recruit Holdings Co Ltd 353800R2LRSMVVC4I806 Recruit Holdings Co Ltd 000000000 1124800.00000000 NS 68754364.00000000 4.061545402001 Long EC CORP JP N 2 N N N Keyence Corp 529900M7PQBS7A89DZ11 Keyence Corp 000000000 76300.00000000 NS 45541266.52000000 2.690271727852 Long EC CORP JP N 2 N N N SMC Corp 353800O40V08DOZ70X62 SMC Corp 000000000 55100.00000000 NS 34377467.14000000 2.030789545154 Long EC CORP JP N 2 N N N Pan Pacific International Hold 529900QLHJM2E18A5763 Pan Pacific International Holdings Corp 000000000 964400.00000000 NS 19898793.86000000 1.175486907383 Long EC CORP JP N 2 N N N Shin-Etsu Chemical Co Ltd 353800PX8Q64N86H5W41 Shin-Etsu Chemical Co Ltd 000000000 405500.00000000 NS 68435806.02000000 4.042727139077 Long EC CORP JP N 2 N N N Kakaku.com Inc 353800KA15Y0DCPWYY65 Kakaku.com Inc 000000000 567900.00000000 NS 18339218.50000000 1.083357684393 Long EC CORP JP N 2 N N N Sumitomo Bakelite Co Ltd N/A Sumitomo Bakelite Co Ltd 000000000 597000.00000000 NS 27577519.21000000 1.629094356046 Long EC CORP JP N 2 N N N Capcom Co Ltd 529900JJWQKXS3TC8744 Capcom Co Ltd 000000000 1069600.00000000 NS 29720041.80000000 1.755660180640 Long EC CORP JP N 2 N N N Advantest Corp 353800EMK32PDKS9XR54 Advantest Corp 000000000 248900.00000000 NS 22179360.23000000 1.310207430054 Long EC CORP JP N 2 N N N Toyota Motor Corp 5493006W3QUS5LMH6R84 Toyota Motor Corp 000000000 3285500.00000000 NS 58539022.44000000 3.458091728240 Long EC CORP JP N 2 N N N Nintendo Co Ltd 353800FEEXU6I9M0ZF27 Nintendo Co Ltd 000000000 65700.00000000 NS 31396904.01000000 1.854717921889 Long EC CORP JP N 2 N N N Nissan Chemical Corp 3538002E4L1CUGJFFU25 Nissan Chemical Corp 000000000 296900.00000000 NS 17364573.24000000 1.025782197631 Long EC CORP JP N 2 N N N Terumo Corp 353800JX1R4582QVK932 Terumo Corp 000000000 806000.00000000 NS 38058012.43000000 2.248211406542 Long EC CORP JP N 2 N N N Obic Co Ltd N/A Obic Co Ltd 000000000 218800.00000000 NS 41606565.36000000 2.457836047047 Long EC CORP JP N 2 N N N Roland Corp N/A Roland Corp 000000000 359100.00000000 NS 16443750.32000000 0.971386172721 Long EC CORP JP N 2 N N N Dai-ichi Life Holdings Inc 549300ZUFXI7JXZVTZ25 Dai-ichi Life Holdings Inc 000000000 1820100.00000000 NS 39807534.94000000 2.351561429621 Long EC CORP JP N 2 N N N Sansan Inc N/A Sansan Inc 000000000 244700.00000000 NS 23595628.40000000 1.393871028104 Long EC CORP JP N 2 N N N Appier Group Inc N/A Appier Group Inc 000000000 1440000.00000000 NS 18435652.43000000 1.089054352389 Long EC CORP JP N 2 N N N Hoya Corp 353800X4VR3BHEUCJB42 Hoya Corp 000000000 320900.00000000 NS 50066438.08000000 2.957588428545 Long EC CORP JP N 2 N N N Renesas Electronics Corp 5299000EPC47VJQOFB81 Renesas Electronics Corp 000000000 2243600.00000000 NS 27612796.32000000 1.631178290441 Long EC CORP JP N 2 N N N ORIX Corp 35380016EMHNBOVYE123 ORIX Corp 000000000 2510700.00000000 NS 46979033.74000000 2.775205345179 Long EC CORP JP N 2 N N N TDK Corp 3538005O8WNU39U8NX03 TDK Corp 000000000 402900.00000000 NS 14529678.17000000 0.858315663627 Long EC CORP JP N 2 N N N Direct Marketing MiX Inc N/A Direct Marketing MiX Inc 000000000 531100.00000000 NS 20560324.68000000 1.214565698952 Long EC CORP JP N 2 N N N GMO Payment Gateway Inc 353800Q6U21E2PM83F86 GMO Payment Gateway Inc 000000000 129800.00000000 NS 16388746.02000000 0.968136888621 Long EC CORP JP N 2 N N N Daiichi Sankyo Co Ltd 353800XGIU2IHQGC9504 Daiichi Sankyo Co Ltd 000000000 1273400.00000000 NS 33848460.69000000 1.999539402041 Long EC CORP JP N 2 N N N Japan Steel Works Ltd/The 529900AWFTILIHHO0936 Japan Steel Works Ltd/The 000000000 919100.00000000 NS 23788731.72000000 1.405278273489 Long EC CORP JP N 2 N N N Daikin Industries Ltd 549300Y7FWSTSHMW5Y57 Daikin Industries Ltd 000000000 140000.00000000 NS 30525383.75000000 1.803234366536 Long EC CORP JP N 2 N N N SMS Co Ltd N/A SMS Co Ltd 000000000 1203900.00000000 NS 43857237.75000000 2.590790634439 Long EC CORP JP N 2 N N N Freee KK N/A Freee KK 000000000 177400.00000000 NS 12908650.77000000 0.762556267423 Long EC CORP JP N 2 N N N Nidec Corp 353800IF171MZTNL6Y31 Nidec Corp 000000000 209400.00000000 NS 23084257.48000000 1.363662673492 Long EC CORP JP N 2 N N N JMDC Inc N/A JMDC Inc 000000000 533700.00000000 NS 36457337.12000000 2.153654274933 Long EC CORP JP N 2 N N N eGuarantee Inc N/A eGuarantee Inc 000000000 1337100.00000000 NS 29718998.92000000 1.755598574304 Long EC CORP JP N 2 N N N 2021-11-17 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA500MATT093021.htm FOR VALIDATION PURPOSES ONLY - [239746.TXM]
Matthews Japan Fund    September 30, 2021

Schedule of Investmentsa (unaudited)

COMMON EQUITIES: 98.7%

 

     Shares     Value  
INDUSTRIALS: 19.4%    

Professional Services: 7.2%

 

  

Recruit Holdings Co., Ltd.

     1,124,800       $68,754,364  

SMS Co., Ltd.

     1,203,900       43,857,237  

Persol Holdings Co., Ltd.

     375,800       9,368,348  
   

 

 

  
      121,979,949  
   

 

 

  
   

Building Products: 4.2%

    

AGC, Inc.

     786,000       40,504,349  

Daikin Industries, Ltd.

     140,000       30,525,384  
   

 

 

  
      71,029,733  
   

 

 

  
   

Machinery: 3.4%

    

SMC Corp.

     55,100       34,377,467  

Japan Steel Works, Ltd.

     919,100       23,788,732  
   

 

 

  
      58,166,199  
   

 

 

  
   

Electrical Equipment: 2.9%

    

Ushio, Inc.

     1,357,200       25,434,359  

Nidec Corp.

     209,400       23,084,258  
   

 

 

  
      48,518,617  
   

 

 

  
   

Air Freight & Logistics: 1.7%

    

Yamato Holdings Co., Ltd.

     1,140,400       28,863,959  
   

 

 

  

Total Industrials

       328,558,457  
   

 

 

  
   
 
INFORMATION TECHNOLOGY: 17.8%

 

Electronic Equipment, Instruments & Components: 6.0%

 

Keyence Corp.

     76,300       45,541,267  

Ibiden Co., Ltd.

     763,400       41,991,046  

TDK Corp.

     402,900       14,529,678  
   

 

 

  
      102,061,991  
   

 

 

  
   

IT Services: 4.2%

    

OBIC Co., Ltd.

     218,800       41,606,566  

GMO Payment Gateway, Inc.

     129,800       16,388,746  

Simplex Holdings, Inc.b

    700,300       12,685,249  
   

 

 

  
      70,680,561  
   

 

 

  
   

Semiconductors & Semiconductor Equipment: 3.9%

 

  

Renesas Electronics Corp.b

    2,243,600       27,612,796  

Advantest Corp.

     248,900       22,179,360  

Mitsui High-Tec, Inc.

     230,500       15,773,666  
   

 

 

  
      65,565,822  
   

 

 

  
   

Software: 3.7%

    

Sansan, Inc.b

    244,700       23,595,628  

Appier Group, Inc.b

    1,440,000       18,435,652  

Freee KKb

    177,400       12,908,651  

OBIC Business Consultants Co., Ltd.

     163,200       8,308,184  
   

 

 

  
      63,248,115  
   

 

 

  

Total Information Technology

       301,556,489  
   

 

 

  
   
     
CONSUMER DISCRETIONARY: 17.3%    

Household Durables: 5.4%

    

Sony Group Corp.

     818,600       90,879,950  
   

 

 

  
   
     Shares     Value  

Automobiles: 3.5%

    

Toyota Motor Corp.

     3,285,500       $58,539,022  
   

 

 

  
   

Auto Components: 2.7%

    

Toyota Industries Corp.

     555,400       45,698,252  
   

 

 

  
   

Specialty Retail: 2.5%

    

Nitori Holdings Co., Ltd.

     130,600       25,737,594  

Hikari Tsushin, Inc.

     99,500       16,817,387  
   

 

 

  
      42,554,981  
   

 

 

  
   

Leisure Products: 2.0%

    

Bandai Namco Holdings, Inc.

     241,700       18,170,451  

Roland Corp.

     359,100       16,443,750  
   

 

 

  
      34,614,201  
   

 

 

  
   

Multiline Retail: 1.2%

    

Pan Pacific International Holdings Corp.

     964,400       19,898,794  
   

 

 

  

Total Consumer Discretionary

       292,185,200  
   

 

 

  
   
     
HEALTH CARE: 14.8%    

Health Care Equipment & Supplies: 9.0%

 

Hoya Corp.

     320,900       50,066,438  

Olympus Corp.

     2,064,400       45,185,562  

Terumo Corp.

     806,000       38,058,012  

Sysmex Corp.

     151,900       18,867,281  
   

 

 

  
      152,177,293  
   

 

 

  
   

Pharmaceuticals: 2.9%

    

Daiichi Sankyo Co., Ltd.

     1,273,400       33,848,461  

Eisai Co., Ltd.

     196,600       14,726,811  
   

 

 

  
      48,575,272  
   

 

 

  
   

Health Care Technology: 2.1%

    

JMDC, Inc.b

    533,700       36,457,337  
   

 

 

  
   

Biotechnology: 0.8%

    

PeptiDream, Inc.b

    405,700       13,243,773  
   

 

 

  

Total Health Care

       250,453,675  
   

 

 

  
   
 
COMMUNICATION SERVICES: 10.2%

 

Entertainment: 3.6%

    

Nintendo Co., Ltd.

     65,700       31,396,904  

Capcom Co., Ltd.

     1,069,600       29,720,042  
   

 

 

  
      61,116,946  
   

 

 

  
   

Media: 3.1%

    

Kadokawa Corp.

     563,600       31,358,505  

Direct Marketing MiX, Inc.

     531,100       20,560,325  
   

 

 

  
      51,918,830  
   

 

 

  
   

Wireless Telecommunication Services: 2.4%

 

SoftBank Group Corp.

     704,800       40,727,069  
   

 

 

  
   

Interactive Media & Services: 1.1%

    

Kakaku.com, Inc.

     567,900       18,339,218  
   

 

 

  

Total Communication Services

       172,102,063  
   

 

 

  
   
 

 

     matthewsasia.com  |  800.789.ASIA      1  
Matthews Japan Fund    September 30, 2021

Schedule of Investmentsa (unaudited) (continued)

COMMON EQUITIES (continued)

 

     Shares     Value  
     
MATERIALS: 9.4%    

Chemicals: 9.4%

    

Shin-Etsu Chemical Co., Ltd.

     405,500       $68,435,806  

JSR Corp.

     1,299,200       46,701,022  

Sumitomo Bakelite Co., Ltd.

     597,000       27,577,519  

Nissan Chemical Corp.

     296,900       17,364,574  
   

 

 

  

Total Materials

       160,078,921  
   

 

 

  
   
     
FINANCIALS: 7.4%    

Diversified Financial Services: 5.0%

    

ORIX Corp.

     2,510,700       46,979,034  

eGuarantee, Inc.

     1,337,100       29,718,999  

Tokyo Century Corp.

     148,600       8,366,114  
   

 

 

  
      85,064,147  
   

 

 

  
   

Insurance: 2.4%

    

Dai-ichi Life Holdings, Inc.

     1,820,100       39,807,535  
   

 

 

  
   

Banks: 0.0%

    

Total Financials

       124,871,682  
   

 

 

  
   
     
CONSUMER STAPLES: 2.4%    

Food Products: 1.4%

    

Morinaga Milk Industry Co., Ltd.

     392,900       24,542,101  
   

 

 

  
     Shares     Value  

Beverages: 1.0%

    

Suntory Beverage & Food, Ltd.

     399,700       $16,569,706  
   

 

 

  

Total Consumer Staples

       41,111,807  
   

 

 

  
   
     
TOTAL INVESTMENTS: 98.7%       1,670,918,294  

(Cost $1,344,552,256)

    
   
CASH AND OTHER ASSETS,
LESS LIABILITIES: 1.3%		       21,968,499  
   

 

 

  

NET ASSETS: 100.0%

       $1,692,886,793  
   

 

 

  

 

a

Certain securities were fair valued under the valuation policies approved by the Board of Trustees.

 

b

Non-income producing security.

Other information regarding the Fund is available in the Funds’ most recent report to shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

 

 

2    MATTHEWS ASIA FUNDS