(0) NS Solutions has rejected AVI shareholder proposals without disciplined quantitative analysis of surplus assets in relation to capital investment needs Blanket rejection of AVI's proposals without quantification is symptomatic of management culture under the influence of controlling shareholder Nippon Steel Corporation Asset Value Investors ("AVI") today publicly released a letter to NS Solutions Corp (TYO 2327) ("NSSOL") responding to NSSOL's rejection of AVI's shareholder proposals which were submitted in April and can be found on www.takingNSSOLtothenextlevel.com. AVI has proposed: (1) a final-year dividend of ¥62 per share, for a total dividend of ¥87, in reaction to NSSOL's proposal to reduce the dividend from ¥65 last year to ¥52.5 this year, the first dividend decline since 2009;