Investor Letters
Asset Value Investors Ltd
- AVI Japanese Special Situations, July 2026 AVI Japanese Special Situations argues that Japanese governance reforms and pressure to deploy idle cash favour value companies with underused assets. It discusses Sanyo Shokai’s new dividend policy and shareholder benefits, Mitsubishi Logistics’ ROE and asset-turnover plans, and Eiken Chemical’s margin setback following its AGM. July 2026 4549 $482M8011 $237M9301 $3.3B
- AVI Japan Opportunity Trust - July 2026 AVI Japan Opportunity Trust argues that Japanese governance reforms and pressure to deploy idle cash could favour asset-rich value stocks. It discusses Sanyo Shokai’s dividend policy and shareholder benefits, Mitsubishi Logistics’ plans to improve capital efficiency through its real estate assets, and Eiken Chemical’s margin pressure following its AGM and quarterly results. July 2026 4549 $482M8011 $237M9301 $3.3B
- AVI Global Special Situations Fund - July 2026 Letter scanned Monthly July 2026 —
