Sparinvest SICAV Annual Report 2009 R.C.S. Luxembourg B 83.976

Sparinvest SICAV
SPARINVEST - PROCEDO
Statement of Investments (continued) as at December 31, 2009
(expressed in EUR)
Description
Quantity /
Face value
Currency
Cost Market Value % net assets
NITTETSU MINING CO LTD 7,583.50 JPY 23,618.32 24,688.59 0.02
NITTO DENKO CORP 4,213.05 JPY 101,503.76 104,923.36 0.08
NORITSU KOKI CO LTD 4,213.05 JPY 61,163.42 19,941.76 0.01
NSK LTD 28,648.76 JPY 131,206.98 146,134.23 0.11
OKUMURA CORP 8,426.11 JPY 23,366.67 19,720.53 0.01
ONOKEN CO LTD 6,151.06 JPY 46,554.97 29,530.24 0.02
ONWARD HOLDINGS CO LTD 21,065.27 JPY 125,345.23 90,859.84 0.07
ORIX CORP 1,516.70 JPY 74,444.14 71,335.25 0.05
OSAKA STEEL CO LTD 2,949.14 JPY 35,454.91 34,555.18 0.03
OYO CORP 2,780.62 JPY 21,528.91 17,333.22 0.01
PACIFIC GOLF GRP INTL HLDS KK 71.62 JPY 36,761.63 34,115.90 0.03
PANASONIC ELECTR.WORKS CO LTD 9,268.72 JPY 79,568.69 78,009.89 0.06
PARAMOUNT BED CO LTD 1,685.22 JPY 25,037.63 24,802.37 0.02
PROMISE CO LTD 2,527.83 JPY 45,809.41 13,425.14 0.01
RESORTTRUST INC. NAGOYA CITY 2,527.83 JPY 19,896.40 20,782.41 0.02
RINNAI CORP 5,055.66 JPY 143,365.94 169,900.01 0.13
RYOYO ELECTRO 8,426.11 JPY 68,147.83 46,646.65 0.03
SAKAI CHEMICAL INDUSTRY CO LTD 12,639.16 JPY 22,979.98 40,009.93 0.03
SAN A I OIL CO LTD 18,537.43 JPY 57,466.55 50,059.82 0.04
SAN-IN GODO BANK LTD 10,111.33 JPY 52,011.42 54,914.11 0.04
SANKEI BUILDING CO LTD 5,898.27 JPY 26,320.21 25,661.98 0.02
SANSIN ELECTRONICS 5,898.27 JPY 52,090.85 28,183.93 0.02
SBI HOLDINGS INC 1,432.44 JPY 179,816.15 177,939.91 0.13
SECOM LTD 2,106.53 JPY 79,885.40 69,843.56 0.05
SEIKAGAKU CORP 2,527.83 JPY 21,343.72 18,412.15 0.01
SEINO HOLDINGS CO LTD 13,481.77 JPY 54,901.97 59,667.26 0.04
SEIREN CO LTD 5,898.27 JPY 27,195.97 28,449.40 0.02
SEKISUI HOUSE LTD 33,704.42 JPY 225,197.43 212,122.18 0.16
SEVENTY-SEVEN (77) BANK 33,704.42 JPY 133,811.33 124,643.91 0.09
SFCG CO LTD 716.22 JPY 47,990.90
- -
SHIN-ETSU CHEMICAL CO 4,634.36 JPY 167,131.43 181,814.50 0.14
SHINKAWA LTD 1,685.22 JPY 13,464.21 18,519.60 0.01
SHINKO ELECTRIC INDUSTRIES CO 12,639.16 JPY 105,036.76 126,287.28 0.09
SHINKO SHOJI 8,426.11 JPY 62,269.38 46,520.24 0.03
SHINMAYWA INDUSTRIES 16,009.60 JPY 37,399.00 33,986.32 0.03
SHINSEI BANK LTD 19,380.04 JPY 43,323.05 14,682.95 0.01
SMC CORP 2,022.27 JPY 136,454.42 159,736.35 0.12
SOHGO SECURITY SERVICES CO 2,864.88 JPY 22,680.04 22,392.92 0.02
SOJITZ CORP 158,579.32 JPY 280,085.71 208,171.75 0.16
SUMCO CORP 4,213.05 JPY 65,901.36 51,513.58 0.04
SUMITOMO CORP 33,704.42 JPY 224,927.11 238,416.22 0.18
SUMITOMO METAL MINING CO LTD 8,426.11 JPY 88,787.30 87,162.24 0.06
SUMITOMO SEIKA CO LTD 7,583.50 JPY 21,045.10 19,853.27 0.01
SUMITOMO TR. + BANKING 16,852.21 JPY 59,343.62 57,265.40 0.04
SUZUKI MOTOR CORP 10,953.94 JPY 193,063.27 187,345.10 0.14
TAIHEI DENGYO KAISHA LTD 3,370.44 JPY 22,160.20 20,883.54 0.02
TAIYO YUDEN CO LTD 4,213.05 JPY 35,749.46 37,734.49 0.03
TAKATA CORP TOKYO 1,685.22 JPY 22,320.75 27,242.15 0.02
TAKEFUJI CORP 10,111.33 JPY 108,299.49 29,504.95 0.02
TAKIRON CO LTD 10,111.33 JPY 20,422.45 18,127.72 0.01
THK CO LTD 5,055.66 JPY 54,726.49 62,119.69 0.05
The accompanying notes form an integral part of these financial statements.
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