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Representative from Dalton Investments Invited to Join the Board of Directors of T&K Toka

May 14, 2019

SANTA MONICA, Calif. & TOKYO--(BUSINESS WIRE)--May 14, 2019--

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514005287/en/

CONTACT: Mickey Mandelbaum or Kris Cole

Prosek Partners

Pro-dalton@prosek.com

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA JAPAN

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING PROFESSIONAL SERVICES FINANCE

SOURCE: Dalton Investments LLC

Copyright Business Wire 2019.

PUB: 05/14/2019 10:00 AM/DISC: 05/14/2019 10:01 AM

http://www.businesswire.com/news/home/20190514005287/en