Author Archives: Michael Caroff
Dalton Investments withdraws the AGM Proposals to Toyota Industries
SANTA MONICA, Calif. & TOKYO, Japan – Dalton Investments issued the following letter to the directors of Toyota Industries Corporation (6201.T) regarding the withdrawal of Dalton’s shareholder proposals and highlighting areas of improvement for the firm’s “Corporate Value Enhancement Initiatives.” …
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Dalton Investments Expands Tokyo Office with New Marketing Team
LOS ANGLES, CALIFORNA AND TOKYO, JAPAN – Dalton Investments, a U.S. -based investment management firm specializing in Asian, Emerging Markets, and global equities, has announced the addition of a marketing team to its Tokyo office. This move complements its Japanese …
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The Contrarian Opportunity in India
The prevailing opinion amongst institutional investors appears to be that the India stock market is trading at a stretched level of valuations. While parts of the market are indeed showing signs of frothiness, we believe that a segment of the …
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Dalton to Vote in Favor of Activist Shareholder Proposal for Toyo Susian
LOS ANGLES, CALIFORNA AND TOKYO, JAPAN – Dalton Investments has made a public statement that it will vote for all shareholder proposals put forward by activist investor Nihon Global Growth Partners for Toyo Susian to increase its efforts to improve …
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Dalton Sends Letter to the Board of Directors of MegaStudy
James Lim, Senior Research Analyst at Dalton Investments, recently wrote a letter to the board of directors and the management of MegaStudy Education, commending them for the recently announced 3-year shareholder capital return policy to return 60% of its net …
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Samsung Fell Behind on Chips. Now It’s Fighting Back.
James Lim, Senior Research Analyst at Dalton Investments, was recently quoted in Barron’s, discussing a potential rebound in demand for Samsung memory chips. Samsung has been viewed as a laggard as artificial-intelligence fever sweeps the global semiconductor industry. However, according …
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Dalton Supports Seven & i shake-up, including 7-Eleven spin off
Shareholders in Seven & i Holdings are urging the company to spin off its 7-Eleven convenience store chain and elect new directors to the board as investor frustration with its conglomerate structure intensifies. According to James B. Rosenwald III, Chief Investment …
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South Korea’s Stock Market Needs a Jump-Start. Dalton’s Thoughts On What It Will Take
James Lim, Senior Research Analyst at Dalton Investments, was recently quoted in Barron’s, discussing the South Korea stock market. According to Lim, many well-known Korean companies have low stock prices, but investors need to be very selective on where they …
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Time to Consider a Dedicated India Allocation?
For many years, India has been somewhat of an afterthought for many asset allocators. Unlike China, which saw its meteoric growth coupled with a rapid increase in its weight in global stock market indices (and hence the asset allocation benchmarks …
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Implications Following The End of Negative Interest Rates In Japan
On March 19, 2024 the Bank of Japan (BOJ) made three major announcements: In this Japan update from Shiro Hayashi, we discuss the implications following the end of negative interest rates in Japan. Read the piece here.