Author Archives: Rupsa Roy
Glass Lewis Recommends Vote AGAINST Bunka Shutter Proposal No. 4
June 4, 2026 Dalton Investments welcomes the recommendation by Glass Lewis & Co. (“Glass Lewis”), the independent proxy advisory firm, that shareholders vote AGAINST Proposal No. 4 at the 80th Annual General Meeting of Bunka Shutter Co., Ltd. (“Bunka Shutter” …
read more >
Impact of High Oil Prices on Japanese Equities
Rising oil prices have weighed on Japan’s equity market, highlighting its energy dependence. However, strong oil reserves, a push to restart nuclear power, and resilient, high-quality companies with pricing power provide important buffers. Read more here.
Dalton Investments to Submit Shareholder Proposal at Ezaki Glico’s Upcoming AGM
On February 13, 2026 Ezaki Glico announced a JPY 25 billion share buyback (7.23% of its outstanding shares) and indicated that all repurchased shares will be cancelled. While this is a positive step, it falls short of the 10% buyback …
read more >
Dalton to Propose 10% Share Buyback and Real Estate Business Spin-off at Fuji Media Holdings
In an interview with Nikkei, Dalton Investments’ Chief Investment Officer (CIO) James B. Rosenwald III said the firm plans to submit shareholder proposals at Fuji Media Holdings’ upcoming AGM, calling for a 10% share buyback, the spin-off of the company’s …
read more >
Carlyle Launches Tender Offer to Buy Japan’s Hogy Medical
Carlyle Group has launched a takeover bid for Hogy Medical, a Japanese surgical kit manufacturer, offering ¥6,700 per share in a deal that values the company at about $951 million. Dalton, along with related entities, is Hogy Medical’s largest shareholder, …
read more >
Rising Sun Management Continues its Engagement with Fuji Media Outlining in a Letter Areas in Need of Further Reform
Rising Sun Management (“RSM”), an affiliate of Dalton Investments (“Dalton”), has sent a letter to the President and Board of Directors at Fuji Media Holdings (“FMH”) regarding FMH’s recently announced “Reform Action Plan.” The letter requests details on the timeline …
read more >