Company search
The Investment Manager will invest 25 per cent. of the monthly management fee in Ordinary Shares. The Shares will be purchased in the secondary market or, if this is not possible, through the issue of Ordinary Shares by the Company. The Investment Manager will be required to hold the Ordinary Shares for a period of two years. Discount Control Policy – if the 4 month moving average discount is greater than 5%, the Board will endeavour to reduce the discount by buying back shares.
Overview
Performance
Portfolio
ESG
Dividends
Charges
Gearing
Research
Announcements
Management
Documents
Invest
Data as at: 19/05/2026
In
Objective
To provide Shareholders with a total return in excess of the MSCI Japan Small Cap Index, through the active management of a focused portfolio of equity investments listed or quoted in Japan.
AIC sector
Management group
Launch date
23/10/2018
December
Domicile
United Kingdom
Fund manager
Joe Bauernfreund
Dividend frequency
Semi-Annually
Wind-up provisions
The Company has an unlimited life.
| Market Cap (m) | Total assets (m) | Price (last close) | NAV | Discount / premium (%) | Gearing (%) | Dividend yield (%) | Dividend dates | Ongoing charge (%) |
|---|---|---|---|---|---|---|---|---|
| 373.63 | 431.56 | 168.00 | 174.60 | -3.78 | 7 | 1.31 | Mar, Sep | 1.4 (31/12/2025) |
Scroll
Note
Dividends
Dividends declared in last 12 months
| Ex-dividend date | Payment date | Dividend amount | Special dividend | Financial year |
|---|---|---|---|---|
| 23/04/2026 | 22/05/2026 | 0.600 | No | 2025 |
| 09/10/2025 | 07/11/2025 | 1.600 | No | 2025 |
| 09/10/2025 | 07/11/2025 | 0.600 | Yes | 2025 |
Scroll
Performance (%)
| Return type | 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|---|
| AVI Japan Opportunity Trust | Share price total return | 9.6 | 41.1 | 76.5 | N/A |
| Japanese Smaller Companies AIC sector | Share price total return | 23.2 | 26.1 | 4.6 | N/A |
Scroll
Share structure
Number of shares
222,398,394
25,475,429
Traded volumes (number of shares)
| Yesterday | 1 month | 1 year | 5 years | |
|---|---|---|---|---|
| Total | 225,309 | 5,437,506 | 121,769,823 | 295,514,840 |
| Average | N/A | 258,929 | 481,304 | 234,350 |
Scroll
Traded values (m)
| Yesterday | 1 month | 1 year | 5 years | |
|---|---|---|---|---|
| Total | 0.38 | 9.48 | 213.40 | 434.54 |
| Average | N/A | 0.45 | 0.84 | 0.34 |
Scroll
Trading details
| ISIN | Ticker | Traded currency | Stock exchange |
|---|---|---|---|
| GB00BD6H5D36 | AJOT | GBX | London Stock Exchange - MAIN Chi-x Europe Limited London Stock Exchange |
Scroll
Top holdings
Data as at : 31/03/2026
| Investment | % of total assets |
|---|---|
| Mitsubishi Logistics Corp | 9.1 |
| SharingTechnology Inc | 8.9 |
| Eiken Chemical Co Ltd | 8.3 |
| Kurabo Industries Ltd | 7.5 |
| Broadmedia Corp | 6.9 |
| Maruzen Showa Unyu Co Ltd | 6.0 |
| Wacom Co Ltd | 5.8 |
| Asiro Inc | 5.7 |
| Sanyo Shokai Ltd | 5.0 |
| Foster Electric Co Ltd | 4.9 |
Data provided by Morningstar.
Company documents provided by FE fundinfo.
