Overview
History and Firm Structure
Nippon Value Investors KK (“NVI”) was established in 2005 to provide investment management
services in publicly traded equity investment principally issued by companies incorporated in Japan.
As of 30th April 2023, NVI managed approximately US$1.16 billion of assets under management on a
discretionary basis. In addition to the SEC, NVI is registered with the Japanese Financial Services
Agency (the “Japanese FSA”).
NVI is a Japanese Kabushiki Kaisha (limited company). NVI is owned by current NVI employees and
directors (who own 100% of NVI’s Ordinary Shares representing 51.66% of NVI’s share capital: the
“Ordinary Shareholders”) and Silchester Partners Limited (“SP Ltd”) (who owns 100% of NVI’s Class
A Shares representing 48.34% of NVI’s share capital). SP Ltd does not own a controlling portion of
voting of NVI. Under the terms of NVI’s Articles and other governing documents, the Ordinary
Shareholders have the right in perpetuity to appoint a majority of NVI’s directors, appoint its Chairman,
and operate the firm on a day to day basis.
In order to provide global marketing/client support services with regard to NVI’s Japanese Equity
Program, NVI established a wholly owned US subsidiary, Nippon Value Investors,
Inc. (“NVI Inc.”)
on 3rd May 2011.
Types of Services that NVI Provides to Clients
NVI provides discretionary investment management services to its Clients, which include private
commingled funds and a limited number of separately managed accounts. Currently all separately
managed accounts are for non-U.S. clients. NVI brings a wide range of analytical, research, portfolio
implementation and administrative skills through its business. NVI strives to service Clients whose
investment needs are growing from year to year. NVI specialises in investing in publicly traded
Japanese equity securities using a bottom up value investment approach. NVI does not provide financial
planning, quantitative planning or market timing services to its Clients and does not participate in any
wrap fee programs.
NVI provides non-discretionary investment advisory services to its separate account Client. Mandate
of non-discretionary investment advisory services are decided by the discussion with the client.
NVI generally does not further customise or modify its investment program based on individual Client
needs. Unitholders in NVI’s commingled funds are not permitted to impose restrictions on investing in
certain securities or types of securities.