We launched our second public engagement campaign this month, highlighting the inefficiency of Teikoku Sen-i’s balance sheet and its destruction of shareholder value. AVI funds have been shareholders in Teikoku since March 2018 and we now collectively hold 5.2% of the outstanding shares. It manufactures and distributes disaster prevention equipment, with 56% of its market cap covered by net cash and investment securities.
AVI Japan Opportunity Trust p.l.c is referred to as ‘AJOT’ throughout the website. AJOT’s investment managers, Asset Value Investors are referred to as ‘AVI’