logo
#

Latest news with #Wacom

AVI Urges Wacom To Make Governance Changes
AVI Urges Wacom To Make Governance Changes

Business Wire

time07-05-2025

  • Business
  • Business Wire

AVI Urges Wacom To Make Governance Changes

LONDON--(BUSINESS WIRE)--Asset Value Investors Limited ('AVI') launches a campaign calling for Wacom Corporation ('Wacom') to be more conscious of the capital market, and announces that AVI has submitted shareholder proposals ahead of Wacom's upcoming AGM in June. AVI has published a detailed presentation on a dedicated website. AVI invested in Wacom in August 2021 and has sought to engage in dialogue with the company as the largest shareholder, sending letters and presentations with the aim of improving corporate value in a sustainable manner. AVI is deeply concerned by the sluggish performance of the Branded Business segment, which has posted a cumulative loss of more than Y10bn since the fourth quarter of the fiscal year ended 31 March 2022. The company has fallen far short of its mid-term plan targets and significantly underperformed the TOPIX index over this period. Considering these circumstances, AVI has initiated a public campaign and submitted shareholder proposals at this year's Annual General Meeting with the aim of supporting the sustainable enhancement of corporate value. AVI's shareholder proposals this year include: Establishment of a Transformation Plan Supervisory Committee Appointment of one outside director with capital markets background Amendment to the Articles of Incorporation regarding the handling of acquisition proposals based on the 'Guidelines for Corporate Takeovers' by Ministry of Economy, Trade and Industry Kazunari Sakai, AVI Japan's Head of Research, commented: 'To improve alignment with investor expectations and shareholder interests, Wacom should go beyond the current Board's monitoring role by appointing directors with capital market experience, establishing a supervisory committee, and amending the Articles of Incorporation to align with METI's Guidelines for Corporate Takeovers.' 'Although the Branded Business segment continues to face challenges, we are confident that through shortening the product development cycle for entry-level products and strengthening e-commerce channels, Wacom can further reinforce its position as the global leader.' About Asset Value Investors (AVI): AVI is an investment management company established in London, United Kingdom, in 1985. AVI has invested in Japanese equities for nearly 40 years. AVI manages AVI Global Trust (AGT) and AVI Japan Opportunity Trust (AJOT) and other funds, collectively investing Y120bn into the Japanese market. AGT and AJOT are public companies whose shares are listed and traded on the main market of the London Stock Exchange.

UK fund Asset Value Investors launches campaign against Japan's Wacom
UK fund Asset Value Investors launches campaign against Japan's Wacom

CNA

time07-05-2025

  • Business
  • CNA

UK fund Asset Value Investors launches campaign against Japan's Wacom

TOKYO :London-based investment fund Asset Value Investors has asked Japanese graphic tablet maker Wacom to improve its corporate governance and proposed an external director with capital markets experience, it said on Wednesday. Japanese companies have faced campaigns from investors anticipating higher shareholder returns once long-awaited corporate governance changes are implemented. Wacom's branded products business holds 39 per cent of the global market share in display and pen tablets but has been losing ground to competitors, and the segment has made a loss over multiple years, the investment fund said in a presentation. Its board also lacks a representative with capital markets experience that could better protect shareholder interests, Kaz Sakai, the investment fund's head of Japan research said in an interview. Wacom did not respond to a request for comment outside of business hours. Asset Value Investors first invested in Wacom in 2021, and holds 10 per cent of total voting rights, it said, making it the company's largest shareholder. It considers itself an "engagement investor", pressing for dialogue with management and board members, rather than taking on a more activist role. "We believe these measures will contribute to sustainably protecting the common interests of shareholders," Sakai said. Last month, it launched a campaign against Japanese pharmaceuticals company Rohto to encourage it to focus on its core businesses and engage with shareholders more frequently.

UK fund Asset Value Investors launches campaign against Japan's Wacom
UK fund Asset Value Investors launches campaign against Japan's Wacom

Reuters

time07-05-2025

  • Business
  • Reuters

UK fund Asset Value Investors launches campaign against Japan's Wacom

TOKYO, May 7 (Reuters) - London-based investment fund Asset Value Investors has asked Japanese graphic tablet maker Wacom (6727.T), opens new tab to improve its corporate governance and proposed an external director with capital markets experience, it said on Wednesday. Japanese companies have faced campaigns from investors anticipating higher shareholder returns once long-awaited corporate governance changes are implemented. here. Wacom's branded products business has recorded losses over multiple years and its board lacks a representative with capital markets experience that could better protect shareholder interests, Kaz Sakai, the investment fund's head of Japan research said in an interview. Asset Value Investors first invested in Wacom in 2021, and holds 10% of total voting rights, it said, making it the company's largest shareholder. It considers itself an "engagement investor", pressing for dialogue with management and board members, rather than taking on a more activist role. "We believe these measures will contribute to sustainably protecting the common interests of shareholders," Sakai said. Last month, it launched a campaign against Japanese pharmaceuticals company Rohto (4527.T), opens new tab to encourage it to focus on its core businesses and engage with shareholders more frequently.

One of our favorite digital drawing tablets is 21% off at Amazon
One of our favorite digital drawing tablets is 21% off at Amazon

Digital Trends

time06-05-2025

  • Business
  • Digital Trends

One of our favorite digital drawing tablets is 21% off at Amazon

A digital drawing tablet is one of the most important tools for graphic artists. Whether you're just starting with your career or you're already a seasoned professional, you should always be on the lookout for offers like Amazon's 21% discount for the Wacom Intuos Pro Medium. It's currently available for $299, for savings of $81 on its original price of $380. Like with most tablet deals, there's no telling how much time is remaining before its price goes back to normal, so we highly recommend completing your purchase as soon as possible if you're interested. Why you should buy the Wacom Intuos Pro Medium drawing tablet The Wacom Intuos Pro Medium is featured in our list of the best drawing tablets as the best drawing tablet with pen. It comes with the Wacom Pro Pen 2, which is also included in our roundup of the best smart pens. It's an ultra-responsive and battery-free pen that's very easy to control, and it will let you draw with your choice among an astounding 8,192 levels of pressure sensitivity. You'll be able to easily switch between fine and wide strokes, and use the pen as if it were a brush. This particular model of the Wacom Intuos Pro features an active surface area of 8.7 inches by 5.8 inches, and it offers multi-touch gestures and programmable ExpressKeys so you can personalize how you bring your creations from your imagination to the computer. The drawing tablet also has a compact design, so you can bring it with you anywhere and work on your laptop whenever inspiration strikes. You can connect the Wacom Intuos Pro Medium to your Windows PC or Mac computer either through USB or Bluetooth. The Waco Intuos Pro Medium usually sells for $380, but you can get it for a discounted price of $299 from Amazon right now. The 21% discount translates to $81 in savings, but we're not sure when the price of the digital drawing tablet goes back to normal. If you don't want to miss out on this bargain, you're going to have to add the Wacom Intuos Pro Medium to your cart and proceed with the checkout process immediately.

Why Wacom's tablet redesign could be a game-changer for artists
Why Wacom's tablet redesign could be a game-changer for artists

Yahoo

time15-02-2025

  • Yahoo

Why Wacom's tablet redesign could be a game-changer for artists

When you buy through links on our articles, Future and its syndication partners may earn a commission. At first glance pen tablets may all look similar. They're slim slates that function like big trackpads, allowing you to draw with a stylus and see the results on a computer monitor. But as we see in the our guide to the best drawing tablets, features like the location of quick keys for shortcuts can make all the difference to artists' workflows. Now Wacom, one of the biggest names in drawing tablets, is shaking things up with a complete overhaul of its leading Intuous Pro range, which has been among the best pro-level pen tablets since its launch in 2013. It reckons the new design makes for a workflow that's "less work, more flow" thanks to new mechanical dial controls (see our and the best Wacom tablets to compare to the brand's other offerings). The new Intuos Pro's game changer is the addition of customisable mechanical dials. Previous models had customisable buttons and a touch wheel on the side of the devices. Now there are mechanical dials at the top of the tablets along with buttons also in a round design. This reduces the space to the side of the active pen area, making all three sizes of the tablet more compact than their predecessors while also offering larger active drawing areas. That should make them more easily portable than before. And the new dial and button position should make it easier for left-handed or ambidextrous users to use the tablet. The small version of the tablet has one dial at the top, while the medium and large versions have two. Users can allocate tools and actions to the dials. As for the customisable express keys, the new round design also saves space. There are five buttons on the Small tablet and ten on the larger models. The other big advantage of the new Intuos Pros is that they come with the same Wacom Pro Pen 3 stylus as the Cintiq Pro and Wacom Movink tablets. This means that artists can switch between display and non-display devices using the same stylus, simplifying things when a workflow requires use of a pen display. It looks like the new design could speed up workflows by offering more customisation. I say 'could' because we still need to test how comfortably it works in practice. The previous position of the express keys meant that they could be easily accessed with one hand while drawing with the other. We will need to test whether their new location requires more hand movement to reach the the controls, particularly on the large tablet when working at the edges of the active area. The new Intuos Pros will work with devices running Windows 10 or macOS 13 or later via wired USB-C to USB-A connection and wireless via Bluetooth 5.3. They can be paired with two devices as there's a switch on the side to jump between USB and Bluetooth. The tablets are priced at Small: $249.95 / £229.99, Medium: $379.95 / £339.98 and Large: $499.95 / £469.99. Orders were not yet open at the time of writing, but the previous-gen devices now have significant discounts. See the current prices on more Wacom tablets below. And if its software you need to choose, see our guide to the best digital art software.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store