Art News. Vasari Codex

article news schedule Apr 27, 2025 visibility 11 link 8 artists

oasis condemns dic corp rothko seagram murals relocation 1234738664

Hong Kong-based activist fund Oasis Management has publicly condemned Japanese chemical company DIC Corporation for relocating the Kawamura Memorial DIC Museum of Art to the International House of Japan (IHJ), a private members' club in Tokyo. The move includes seven of Mark Rothko's "Seagram Murals" and other valuable artworks. Oasis, a major shareholder in DIC Corp, accuses the company's chairman, Yoshihisa Kawamura, of attempting to transfer assets to an inner circle and has urged shareholders to vote against CEO Takashi Ikeda and support governance reforms.

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trending_up market schedule Sep 22, 2025 visibility 15 link 15 artists

christies kawamura memorial dic museum art monet renoir 1234752753

Christie’s has been consigned to sell works from the collection of the Kawamura Memorial DIC Museum of Art, including pieces by Claude Monet, Pierre-Auguste Renoir, Marc Chagall, Henri Matisse, and Henry Moore, as part of its fall marquee auctions. A top highlight is Monet’s oil painting *Nymphéas* (1907) with a low estimate of $40 million. The museum, located in Sakura, Japan, and owned by the DIC Corporation, decided last December to downsize and relocate, selling 75 percent of its 384 artworks valued at $77.5 million. The sale includes eight works in Christie’s 20th Century Evening Sale in November, with additional pieces in day sales for Impressionist and Modern Art as well as Post-War and Contemporary Art.

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trending_up market schedule Sep 19, 2025 visibility 30 link 15 artists

Japanese museum’s collection of Western art could bring $60m at auction

The Kawamura Memorial DIC Museum of Art, a private museum near Tokyo that closed permanently in March 2025, has consigned 80 works from its collection of Western modernism to Christie’s. The consignment is expected to generate at least $60 million across multiple sales in New York this autumn, led by a 1907 Claude Monet *Nymphéas* painting estimated at $40 million. Other highlights include a Pierre-Auguste Renoir *Baigneuse* from 1891, two Marc Chagall paintings, and works by artists such as Mark Rothko, Pablo Picasso, and Cy Twombly. The museum’s parent company, DIC Corporation, plans to retain only about 100 works and sell the remaining roughly 280 pieces gradually.

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