AVI Japan Opportunity (ticker: AJOT) was launched in 2018 to unlock the hidden value lurking within many Japanese smaller companies, where cash and investments often account for a large proportion of their market cap. Reforms aimed at improving corporate governance in Japan were first introduced back in 2013 but they have been ramped up steadily in recent years although there is still some hostility from companies towards outside investors that agitate for change. AJOT seeks to build a consensus opinion on the changes it thinks are needed at each company it invests in, with most discussions ta...