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 real estate business, and the appointment of four to five new independent outside directors. Dalton believes these measures would improve capital efficiency, unlock significant value, and strengthen corporate governance, while enabling Fuji Media Holdings to focus more effectively on a digitally driven, globally competitive media strategy. Read the article here (Subscription required).
