1、Annual Report 31 March 2020Aberdeen Japan Investment Trust PLCJapan specialists identifying exceptional companies THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.If you are in any doubt about the action you should take,you are recommended to seek your own financial advice from your
2、stockbroker,bank manager,solicitor,accountant or other financial adviser authorised under the Financial Services and Markets Act 2000(as amended by the Financial Services Act 2012)if you are in the United Kingdom or,if not,from another appropriately authorised financial adviser.If you have sold or o
3、therwise transferred all your Ordinary shares in Aberdeen Japan Investment Trust PLC,please forward this document,together with the accompanying documents,immediately to the purchaser or transferee,or to the stockbroker,bank or agent through whom the sale or transfer was effected for onward.Visit ou
4、r Website To find out more about Aberdeen Japan Investment Trust PLC,please visit:aberdeenjapan.co.uk Aberdeen Japan Investment Trust PLC 1 Overview Strategic Report Portfolio Governance Financial Statements Corporate Information General “For the year under review,on a total return basis,your Compan
5、ys net asset value rose by 3.3%compared to the Topix benchmark,which declined by 2.5%”Karen Brade,Chairman “The fundamentals of the underlying stocks within your Companys portfolio remain robust:they retain strong balance sheets,and they have endured multiple disruptions in the past.Many are global
6、market leaders in their respective industries,or have businesses that address longer-term structural issues in the country.We believe they should continue to thrive in spite of challenging external conditions in the medium term.Kwok Chern-Yeh,Aberdeen Standard Investments(Japan)Limited,Investment Ma