Author Archives: Caitlin Tesoriero

Fuji Media shareholder Dalton seeks talks on board proposal

Jamie Rosenwald, CIO of Dalton Investments, was mentioned in NHK World, discussing Dalton’s shareholder proposal to Fuji Media. Dalton has proposed 12 new directors for the Fuji Media board. Fuji Media Holdings has said the board will review Dalton’s proposal …
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Dalton Investments seeks talks with Fuji Media to avoid proxy fight

Dalton Investment’s CIO, Jamie Rosenwald, was featured in the Japan Times, discussing his desire to implement needed corporate governance changes at Fuji Media without a potential proxy fight. Dalton Investments is demanding that the company change its board members, spin …
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Akio Toyoda’s buyout plan called ‘gutsy’ by Dalton Investments

Toyota Motor Chairman Akio Toyoda’s plan to buy out Toyota Industries has won over Dalton Investments. This buyout attempt prioritizes shareholders first, unlike in the past, when Japanese companies prioritized employees over shareholders, according to Dalton Investment’s CIO, Jamie Rosenwald. …
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Shareholder activism in Asia drives global total to record high

In 2024, the number of activist campaigns rose to 258, driven by the rise in Asia-Pacific campaigns. In particular, Japan activist campaigns are at an all-time high, fueled by the push for corporate governance reform. Dalton Investments was called out …
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Jamie Rosenwald quoted in Bloomberg article on the change in attitude toward activist investors in Japan

Jamie Rosenwald, Chief Investment Officer of Dalton Investments, was quoted in a Bloomberg article “Activist Investing Booms in Japan, Led by Elliott’s Successes.”   The article mentions Dalton’s stake in Aska Pharmaceuticals Holdings Co., where the former CEO’s 37-year-old son is …
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The Renaissance of Fuji Television: A Charter for the Future

Dalton Investments’ affiliate, Rising Sun Management (“RSM”) has announced its intent to submit shareholder proposals to Fuji Media Holding (“FMH”) for a new slate of directors for the firm’s Board. Dalton believes that a refreshed Board of Directors a FMH …
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Dalton’s James Lim Still Sees Select Investment Opportunities in Korea after “Liberation Day” Tariffs Announced

James Lim, a Portfolio Manager at Dalton Investments, was recently quoted in Barron’s, discussing opportunities in the Korean stock market.  Like many export-oriented countries, the Korean stock market experienced a drawdown following the April 2nd announcement that the U.S. will …
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Dalton Joins Kolmar Holdings Board

James Lim, a Partner and Portfolio Manager at Dalton Investments, was recently appointed to the board of Kolmar Holdings. Dalton has recently expanded its stake in Kolmar Holdings to 5.69% and changed its purpose of ownership from simple investment to …
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Explanation of shareholder proposals to Ezaki Glico

March 6, 2025 Ezaki Glico is a major confectionery manufacturer with well-known brands such as “Pocky,” “Pretz,” and “Giant Cone,” which are widely loved not only in Japan but also overseas. Although it is a company with an excellent business, …
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Dalton Investments has made shareholder proposals to five companies

Dalton Investments has submitted shareholder proposals to the following five companies. The details of each proposal are as follows: ① Ezaki Glico Co., Ltd.i. Amendment to the Articles of Incorporation Pertaining to Disclosures on Actions Aimed at Realizing Management Mindful …
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