Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Equity Bottom-Up

<ul>
<li>Hibiki Path has taken a stake in Fujikura Composites, arguing its high-quality golf-shaft business is undervalued due to conservative capital allocation, and is pushing for reforms to boost shareholder returns.</li>
<li>Asset Value Investors has taken a stake in Foster Electric, pressing for stronger capital returns to address excess cash and low ROE, despite short term tariffs &amp; rare earth risks</li>
<li>Ferrotec faces rising activist pressure as investors target value unlocking through monetising Chinese subsidiaries, simplifying its complex structure, and boosting shareholder returns.</li>
</ul>


Hibiki Path has taken a stake in Fujikura Composites, arguing its high-quality golf-shaft business is undervalued due to conservative capital allocation, and is pushing for reforms to boost shareholder returns.
Asset Value Investors has taken a stake in Foster Electric, pressing for stronger capital returns to address excess cash and low ROE, despite short term tariffs &amp; rare earth risks
Ferrotec faces rising activist pressure as investors target value unlocking through monetising Chinese subsidiaries, simplifying its complex structure, and boosting shareholder returns.


Japan Activist Briefs | Fujikura Composites, Foster Electric, Ferrotec

Ferrotec Corp

Japan Activist Briefs | Fujikura Composites, Foster Electric, Ferrotec