Author Archives: Alina Peon
Our Views on the Proposal by ASKA Pharmaceutical Holdings Co., Ltd. to Activate Countermeasures
May 27, 2026 We and our joint holders (collectively, “we” or “us”) strongly oppose the conditional activation proposal (Proposal No. 11) targeting us, which ASKA Pharmaceutical Holdings Co., Ltd. (“ASKA Pharmaceutical” or the “Company”) announced on May 25, 2026. To …
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Proposal to Bunka Shutter – Please Don’t Close the Shutter on Shareholders
May 25, 2026 Rising Sun Management (RSM), an affiliate of Dalton Investments, has submitted a shareholder proposal to Bunka Shutter Co., Ltd. (“Bunka Shutter”) ahead of the company’s upcoming AGM in June 2026. We are releasing presentation materials outlining our …
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Dalton Investments and Nippon Active Value Fund Recognized as Japan’s Most Prolific Activists
Diligent Market Intelligence recently released its “Corporate Governance in Asia 2026” report, highlighting a sharp rise in shareholder activism across the region. It recognized Dalton Investments and Nippon Active Value Fund (managed by Dalton’s affiliate Rising Sun Management) as Japan’s …
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Asian Owner-Operators and the AI Inflection Point
The shift to “agentic” AI, meaning AI that can act — not just respond – means we have reached a major inflection point. Rather than simply answering questions, an agentic AI system can independently plan and carry out complex, multi-step …
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Anicom Holdings Announces Nomination of Shiro Hayashi as Outside Director Candidate
On April 22, 2026, Anicom Holdings, Inc. formally announced that it has nominated Dalton Investments’ Director of Research, Shiro Hayashi, as a candidate for Outside Director of the company. The nomination will be submitted for shareholder approval at Anicom’s 26th …
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Big Changes Coming to Korea
Korea’s equity market is at a potential inflection point. Following a strong KOSPI rally, President Lee is pushing major reforms to address the “Korea discount,” strengthen corporate governance, protect shareholders, and attract domestic and foreign capital. If successful, these reforms …
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Proposal to Senko – Publication of Explanatory Materials
Dalton Investments announces that it has submitted a proposal aimed at further enhancing the corporate value of Senko Group Holdings (“Senko”) and is publishing materials explaining the details of the proposal. Senko possesses strong competitive advantages in its core logistics …
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Dalton Investments’ engagement with Korean company TK Corp (Taekwang) was featured in leading Korean business newspaper Maeil Business Newspaper
Following engagement from Dalton, the company announced an increase in its shareholder return (buybacks and dividends) to 45% of net income per annum for the next three years, marking a significant increase from the 30% shareholder return outlined in its …
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Support Recommendations by ISS and Glass Lewis for Shareholder Proposals to Ezaki Glico
Proxy advisory firm Institutional Shareholder Services (ISS) has recommended voting in favor of several shareholder proposals submitted by Dalton Investments to Ezaki Glico Co., Ltd., including proposals regarding the election of directors, the acquisition of treasury shares, and the expansion …
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Dalton Investments Featured in Harvard Law School’s Forum on Corporate Governance – The 2025 Activist Watchlist
Dalton Investments was recently featured in the Harvard Law School’s Forum on Corporate Governance as part of The 2025 Activist Watchlist, which highlights Diligent Market Intelligence’s ranking of the most prolific activists. Dalton ranked #7, reinforcing its position as one …
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