Rheos

Rheos Capital Works, Inc. is a privately owned investment manager based in Tokyo, Japan, specializing in equity portfolio management and investment advisory services. Founded in April 2003, the firm caters to domestic and international financial institutions and pension funds. Rheos manages separate client-focused equity portfolios and operates the investment trusts "Hifumi Investment Trust" and "Hifumi Plus." The firm's investment strategies include a microcap focus on companies with market capitalizations below 30 billion yen and a small mid-cap strategy for companies between 30 billion and 300 billion yen. Additionally, Rheos employs a long-short investment strategy, utilizing a combination of qualitative and quantitative techniques, alongside a bottom-up stock-picking approach, supported by in-house research to inform its investment decisions.