SANTA MONICA, Calif. & TOKYO–(BUSINESS WIRE)–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 (“the Company”), a
manufacturer of ink and synthetic resin for printing, painting and
adhesives, to be nominated to the Board of Directors at the Company’s
upcoming annual general meeting in June.
Dalton’s 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’s capital allocation.
“We believe that shareholder representation on the Boards of Dalton’s
portfolio companies will improve corporate allocation of capital and
enhance value for all shareholders,” stated Mr. Isogai. “Japan’s
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.”
Mr. Isogai joined Dalton after graduating with his Master’s degree in
Business Administration from New York University’s Stern School of
Business in 2015, where he was a student of Dalton’s Founder, James B.
Rosenwald, III in his class, “Global Value Investing.” Prior to joining
Dalton, Mr. Isogai worked in valuation and modelling at
PricewaterhouseCoopers, and prior to that, as an auditor at Deloitte.
About Dalton Investments
Dalton Investments LLC is a value-focused investment management firm
with expertise in Asia and global equities. Headquartered in Santa
Monica, California, with subsidiary offices in Tokyo and Mumbai, Dalton
manages $3.7 billion (as of February 28, 2019) in actively managed
long-only and long/short strategies for pensions, endowments,
foundations, financial institutions and family offices.
Contacts
Mickey Mandelbaum or Kris Cole
Prosek Partners
[email protected]
