{"id":3245,"date":"2023-01-05T18:10:12","date_gmt":"2023-01-05T10:10:12","guid":{"rendered":"https:\/\/www.hibiki-path-advisors.com\/?p=3245"},"modified":"2023-02-21T10:39:24","modified_gmt":"2023-02-21T02:39:24","slug":"post-3245","status":"publish","type":"post","link":"https:\/\/www.hibiki-path-advisors.com\/en\/message\/2023\/post-3245\/","title":{"rendered":"05\/Jan\/2023 \u2013 Letter to MatsukiyoCocokara &#038; Co."},"content":{"rendered":"<p>Hibiki Path Advisors (\u201cHibiki\u201d or \u201cWe\u201d), a value-oriented engagement investor, sent a proposal letter to the board of MatsukiyoCocokara &amp; Co.(\u201cMCC\u201d) with request measures related to disclosures on strategic direction as well as the way to think about dividends including the idea of quarterly dividends, on 5 January 2023.<\/p>\n<p>2022 was a year MCC\u2019s corporate value increased significantly by synergy from M&#038;A between Matsumotokiyoshi Group and Cocokarafine Group materializing. As a long-term investor and shareholder of MCC, we are extremely happy to see this value enhancement but will continue on our constructive engagement activities.<\/p>\n<p>This letter does not constitute a solicitation to subscribe for, or a recommendation to buy or sell, any specific securities, nor does it constitute investment, legal, tax, accounting, or any other advice of any kind.<\/p>\n<p><a class=\"btn\" href=\"https:\/\/hibiki-investment-news.com\/wp-content\/uploads\/2023\/01\/MKCC-Dec-2022-final-English.pdf\">Letter to MatsukiyoCocokara &#038; Co.<\/a>\u3000<a class=\"btn\" href=\"https:\/\/www.businesswire.com\/news\/home\/20230109005023\/en\">BUSINESS WIRE press release<\/a><\/p>\n<p>\u3010Recent Posts\u3011<br \/>\n<a href=\"https:\/\/www.hibiki-path-advisors.com\/message\/2022\/post-3220\/\">02\/Dec\/2022 \u2013 Discussion material to MatsukiyoCocokara &#038; Co. for further upside<\/a><br \/>\n<a href=\"https:\/\/www.hibiki-path-advisors.com\/en\/message\/2022\/post-3125\/\">15\/Jun\/2022 \u2013 Discussion for MatsukiyoCocokara &#038; Co.<\/a>\u3000<br \/>\n<a href=\"https:\/\/www.hibiki-path-advisors.com\/en\/message\/2022\/post-2840\/\">11\/Mar\/2022 \u2013 IR enhancement proposal to MatsukiyoCocokara &#038; Co.<\/a><\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"\u3072\u3073\u304d\u30fb\u30d1\u30fc\u30b9\u30fb\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u30ba\u306f2023\u5e741\u67085\u65e5\u3001\u682a\u5f0f\u4f1a\u793e\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9\uff06\u30ab\u30f3\u30d1\u30cb\u30fc\uff08\u4ee5\u4e0b\u3001\u300c\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9\u793e\u300d\u3001\u53ca\u3073\u300c\u540c\u793e\u300d\uff09\u306b\u5bfe\u3057\u3001\u6226\u7565\u9762\u306eIR\u8cc7\u6599\u958b\u793a\u53ca\u3073\u56db\u534a\u671f\u914d\u5f53\u7b49\u306e\u914d\u5f53\u65bd\u7b56\u306b\u3064\u304d\u3001\u63d0\u8a00\u66f8\u3092\u9001\u4ed8\u81f4\u3057\u307e\u3057\u305f\u3002 2022\u5e74\u306f\u7d71\u5408\u5f8c\u306e\u30b7\u30ca\u30b8\u30fc\u304c\u898b\u4e8b\u306b\u9855\u5728\u5316\u3057\u3001\u5e02\u5834\u3067\u3082\u8a55\u4fa1\u304c\u4e00\u6bb5\u3068\u9ad8\u307e\u308b\u6210\u5c31\u306e\u5e74\u3067\u3057\u305f\u304c\u3001\u79c1\u3069\u3082\u306f\u3001\u540c\u793e\u304c\u3055\u3089\u306a\u308b\u9ad8\u307f\u3092\u76ee\u6307\u3059\u305f\u3081\u306b\u3001\u5f15\u304d\u7d9a\u304d\u3001\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9\u793e\u306e\u9577\u671f\u682a\u4e3b\u3068\u3057\u3066\u53f1\u54a4\u6fc0\u52b1\u578b\u30a8\u30f3\u30b2\u30fc\u30b8\u30e1\u30f3\u30c8\u3092\u7d99\u7d9a\u3057\u3066\u53c2\u308a\u307e\u3059\u3002 \u5c1a\u3001\u672c\u66f8\u7c21\u306f\u3001\u7279\u5b9a\u306e\u6709\u4fa1\u8a3c\u5238\u306e\u53d6\u5f97\u306e\u7533\u8fbc\u307f\u306e\u52e7\u8a98\u82e5\u3057\u304f\u306f\u58f2\u8cb7\u306e\u63a8\u5968\u53c8\u306f\u6295\u8cc7\u3001\u6cd5\u52d9\u3001\u7a0e\u52d9\u3001\u4f1a\u8a08\u305d\u306e\u4ed6\u3044\u304b\u306a\u308b\u4e8b\u9805\u306b\u95a2\u3059\u308b\u52a9\u8a00\u3092\u884c\u3046\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002 \u682a\u5f0f\u4f1a\u793e\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9\uff06\u30ab\u30f3\u30d1\u30cb\u30fc \u66f8\u7c21\u306e\u9001\u4ed8\u306b\u3064\u3044\u3066\u3000BUSINESS WIRE\u3078\u306e\u30d7\u30ec\u30b9\u30ea\u30ea\u30fc\u30b9 \u3010\u6700\u8fd1\u306e\u6295\u7a3f\u3011 2022\u5e7412\u67082\u65e5 \u30fc \u682a\u5f0f\u4f1a\u793e\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9\uff06\u30ab\u30f3\u30d1\u30cb\u30fc \u30c7\u30a3\u30b9\u30ab\u30c3\u30b7\u30e7\u30f3\u8cc7\u6599\u300c\u3055\u3089\u306a\u308b\u98db\u8e8d\u306e\u305f\u3081\u306b\u300d 2022\u5e746\u670815\u65e5 \u30fc \u682a\u5f0f\u4f1a\u793e\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9&#038;\u30ab\u30f3\u30d1\u30cb\u30fc \u30c7\u30a3\u30b9\u30ab\u30c3\u30b7\u30e7\u30f3\u306b\u3064\u3044\u3066 2022\u5e743\u670811\u65e5 \u30fc \u682a\u5f0f\u4f1a\u793e\u30de\u30c4\u30ad\u30e8\u30b3\u30b3\u30ab\u30e9\uff06\u30ab\u30f3\u30d1\u30cb\u30fcIR\u6539\u5584\u6848\u306b\u3064\u3044\u3066Hibiki Path Advisors (\u201cHibiki\u201d or \u201cWe\u201d), a value-oriented engagement investor, sent a proposal letter to the board of MatsukiyoCocokara &amp; Co.(\u201cMCC\u201d) with request measures related to disclosures on strategic direction as well as the way to think about dividends including the idea of quarterly dividends, on 5 January 2023. 2022 was a year MCC\u2019s corporate value increased significantly by synergy from M&#038;A between Matsumotokiyoshi Group and Cocokarafine Group materializing. As a long-term investor and shareholder of MCC, we are extremely happy to see this value enhancement but will continue on our constructive engagement activities. This letter does not constitute a solicitation to subscribe for, or a recommendation to buy or sell, any specific securities, nor does it constitute investment, legal, tax, accounting, or any other advice of any kind. Letter to MatsukiyoCocokara &#038; Co.\u3000BUSINESS WIRE press release \u3010Recent Posts\u3011 02\/Dec\/2022 \u2013 Discussion material to MatsukiyoCocokara &#038; Co. for further upside 15\/Jun\/2022 \u2013 Discussion for MatsukiyoCocokara &#038; Co.\u3000 11\/Mar\/2022 \u2013 IR enhancement proposal to MatsukiyoCocokara &#038; Co.","protected":false},"author":6,"featured_media":532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,39,42],"tags":[],"class_list":{"0":"post-3245","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-37","8":"category-engagement","9":"category-42"},"views":10693,"_links":{"self":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts\/3245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/comments?post=3245"}],"version-history":[{"count":15,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts\/3245\/revisions"}],"predecessor-version":[{"id":3291,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/posts\/3245\/revisions\/3291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/media\/532"}],"wp:attachment":[{"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/media?parent=3245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/categories?post=3245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hibiki-path-advisors.com\/en\/wp-json\/wp\/v2\/tags?post=3245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}