OBIC Business Consultants Co., Ltd./ADR

• Royce Investment Partners Royce International Premier Fund Manager Commentary ↗ Royce International Premier Fund retained CTS Eventim, Business Engineering, Cochlear, OBIC Business Consultants, and Hemnet despite share-price weakness, arguing that durable market positions and depressed valuations outweigh cyclical and AI-related concerns. It exited Intertek following EQT's acquisition and attributes relative weakness to stock selection and limited exposure to the AI infrastructure supply chain. first half of 2026 4828 $514MAT $561MCEVMF $6.7B +7
• FF Forager Funds Management Monthly Report | July 2026 ↗ Forager International Shares Fund benefited as investor concern over AI spending supported its software investments. OBIC Business Consultants raised prices after reporting profit growth, while Sage Group sustained accelerating organic growth and Tetra Tech built a record engineering backlog. July 2026 —

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