REG - Nippon Active Value - NAVF notes Dalton statement on Fuji Media AGM

Nippon Active Value FundAnnouncement

26/06/2025 14:00

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RNS Number : 6114O  Nippon Active Value Fund PLC  26 June 2025

Nippon Active Value Fund PLC

26 June 2025

Nippon Active Value Fund plc

("NAVF" or the "Company")

NAVF notes statement from Dalton Investments on the AGM of Fuji Media Holdings

NAVF, which targets attractive levels of capital growth from the active
management of a focused portfolio of Japanese equity investments, notes the
following statement from Dalton Investments LLC on the shareholder proposals
put to the Fuji Media Holdings Annual General Meeting held on 25th June 2025
in Tokyo.

View Document
-> https://www.daltoninvestments.com/daltons-response-to-fuji-media-holdings-2025-annual-meeting/
(https://www.daltoninvestments.com/daltons-response-to-fuji-media-holdings-2025-annual-meeting/)

Dalton Investments LLC, NAVF Select LLC and Rising Sun Management Ltd (RSM),
the adviser to Nippon Active Value Fund (NAVF), all of which have as their
CIO, Jamie Rosenwald III, and other directors in common, frequently act
together 'in concert' in holding specific Japanese investments. This was the
case with Fuji Media Holdings. In addition, the Tokyo office of Dalton
Advisory KK provides investment research services to RSM and NAVF.

ends

Enquiries:

 

 Shore Capital                                      +44 207 408 4050
 Gillian Martin, Lucy Bowden - Corporate Advisory
 Fiona Conroy - Corporate Broking

 Peregrine Communications                           +44 203 178 6868
 Bill McIntosh/ Alex Gorokhov/Larkin Corr - Media

 NSM Funds                                          +44 203 697 5772
 Ciara McKillop/Brian Smith - Company Secretary

 

 

NOTES TO EDITORS

About NAVF

Nippon Active Value Fund ("NAVF") is an Investment Trust listed on the London
Stock Exchange. The investment advisor of the Fund is Rising Sun Management
Limited. NAVF is targeting attractive levels of capital growth for
shareholders from the active management of a focused portfolio of
(predominantly) quoted Japanese equity investments. Rising Sun Management
Limited, with its local presence in Tokyo targets companies which are
attractive, undervalued and have a substantial proportion of their market
capitalisation held in cash and/or listed securities and/or realisable assets.

For further information visit: www.nipponacitvevaluefund.com

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