SANTA MONICA, Calif. & TOKYO–(BUSINESS WIRE)–<\/p>\n\n\n\n
Dalton Investments LLC, a registered investment advisor based in Santa Monica, California, announced today that its senior analyst, Kota Isogai, has received an invitation from T&K Toka (\u201cthe Company\u201d), a manufacturer of ink and synthetic resin for printing, painting and adhesives, to be nominated to the Board of Directors at the Company\u2019s upcoming annual general meeting in June.<\/p>\n\n\n\n
Dalton\u2019s clients currently own more than twenty percent (20%) of T&K Toka. The Company recommended the appointment of Mr. Isogai as an Independent Director in order to enhance the alignment of interests between the Board, management and shareholders. Mr. Isogai intends to focus his efforts on working with his fellow directors to improve the Company\u2019s capital allocation.<\/p>\n\n\n\n
\u201cWe believe that shareholder representation on the Boards of Dalton\u2019s portfolio companies will improve corporate allocation of capital and enhance value for all shareholders,\u201d stated Mr. Isogai. \u201cJapan\u2019s corporate governance initiative has greatly improved the opportunity for large shareholders to voice their recommendations and Dalton has a successful history of constructive, private engagement with management and, if necessary, through shareholder resolutions to be voted on by all shareholders.\u201d<\/p>\n\n\n\n
Mr. Isogai joined Dalton after graduating with his Master\u2019s degree in Business Administration from New York University\u2019s Stern School of Business in 2015, where he was a student of Dalton\u2019s Founder, James B. Rosenwald, III in his class, \u201cGlobal Value Investing.\u201d Prior to joining Dalton, Mr. Isogai worked in valuation and modelling at PricewaterhouseCoopers, and prior to that, as an auditor at Deloitte.<\/p>\n\n\n\n