{ "kind": "all", "value": "all", "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations", "filters": { "documentKinds": [], "sourceTypes": [], "orientations": [] }, "total": 319975, "page": 1850, "pageSize": 60, "pageCount": 5333, "rows": [ { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 22, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "The slide uses a combination of bulleted text and a bar chart to demonstrate the deterioration of the deal's performance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/22", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-22", "loopMatches": [ { "to": 27, "from": 11, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "56596c03-3ada-4349-9cb5-c74ec489fcc6", "evidence": "The deck highlights the consequences of the incumbent Board's failures", "position": 0, "objective": "What is the cost of inaction in addressing Campbell's mismanagement?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 27, "from": 11, "beatId": "41ed04a5-af78-4994-80a3-a8f798d30d4a", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Detailed critique of the incumbent Board's failures", "position": 1, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 23, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a before-after framing to contrast current disaster with future hopelessness.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/23", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-23", "loopMatches": [ { "to": 27, "from": 11, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "56596c03-3ada-4349-9cb5-c74ec489fcc6", "evidence": "The deck highlights the consequences of the incumbent Board's failures", "position": 0, "objective": "What is the cost of inaction in addressing Campbell's mismanagement?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 27, "from": 11, "beatId": "41ed04a5-af78-4994-80a3-a8f798d30d4a", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Detailed critique of the incumbent Board's failures", "position": 1, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 24, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a visual metaphor of a kitchen fire to represent operational issues.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/24", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-24", "loopMatches": [ { "to": 27, "from": 11, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "56596c03-3ada-4349-9cb5-c74ec489fcc6", "evidence": "The deck highlights the consequences of the incumbent Board's failures", "position": 0, "objective": "What is the cost of inaction in addressing Campbell's mismanagement?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 27, "from": 11, "beatId": "41ed04a5-af78-4994-80a3-a8f798d30d4a", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Detailed critique of the incumbent Board's failures", "position": 1, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 25, "slideType": "problem_statement", "function": "diagnose_problem", "notes": "The slide uses a red color scheme to emphasize the negative trend in ROIC.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/25", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-25", "loopMatches": [ { "to": 27, "from": 11, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "56596c03-3ada-4349-9cb5-c74ec489fcc6", "evidence": "The deck highlights the consequences of the incumbent Board's failures", "position": 0, "objective": "What is the cost of inaction in addressing Campbell's mismanagement?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 27, "from": 11, "beatId": "41ed04a5-af78-4994-80a3-a8f798d30d4a", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Detailed critique of the incumbent Board's failures", "position": 1, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 26, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a classic 'say vs. do' contradiction framework to undermine board credibility.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/26", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-26", "loopMatches": [ { "to": 27, "from": 11, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "56596c03-3ada-4349-9cb5-c74ec489fcc6", "evidence": "The deck highlights the consequences of the incumbent Board's failures", "position": 0, "objective": "What is the cost of inaction in addressing Campbell's mismanagement?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 27, "from": 11, "beatId": "41ed04a5-af78-4994-80a3-a8f798d30d4a", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Detailed critique of the incumbent Board's failures", "position": 1, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 27, "slideType": "villain_critique", "function": "name_villain", "notes": "Uses a Benjamin Franklin quote to emphasize the failure of the board to plan.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/27", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-27", "loopMatches": [ { "to": 27, "from": 11, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "56596c03-3ada-4349-9cb5-c74ec489fcc6", "evidence": "The deck highlights the consequences of the incumbent Board's failures", "position": 0, "objective": "What is the cost of inaction in addressing Campbell's mismanagement?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.7, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 27, "from": 11, "beatId": "41ed04a5-af78-4994-80a3-a8f798d30d4a", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Monster", "beatSlug": "overcoming-monster-the-monster", "evidence": "Detailed critique of the incumbent Board's failures", "position": 1, "confidence": 0.8, "parentBeatName": "Hook", "parentBeatSlug": "hook" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 28, "slideType": "key_messages", "function": "establish_context", "notes": "Includes a screenshot of a CNBC news segment featuring Third Point's stance.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/28", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-28", "loopMatches": [], "arcBeatMatches": [ { "to": 33, "from": 28, "beatId": "31be7420-bdd1-44f5-ab85-e20e0b67671c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "Third Point's efforts to engage with Campbell and garner support", "position": 2, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 29, "slideType": "testimonial", "function": "illustrate_case", "notes": "The slide uses a pull-quote format to leverage third-party authority to validate the activist's thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/29", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-29", "loopMatches": [], "arcBeatMatches": [ { "to": 33, "from": 28, "beatId": "31be7420-bdd1-44f5-ab85-e20e0b67671c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "Third Point's efforts to engage with Campbell and garner support", "position": 2, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 30, "slideType": "cite_precedent", "function": "cite_precedent", "notes": "Uses a pull-quote from a WSJ 'Heard on the Street' column to build credibility for the activist's position.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/30", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-30", "loopMatches": [], "arcBeatMatches": [ { "to": 33, "from": 28, "beatId": "31be7420-bdd1-44f5-ab85-e20e0b67671c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "Third Point's efforts to engage with Campbell and garner support", "position": 2, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 31, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a red callout box to emphasize the fiduciary duty failure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/31", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-31", "loopMatches": [], "arcBeatMatches": [ { "to": 33, "from": 28, "beatId": "31be7420-bdd1-44f5-ab85-e20e0b67671c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "Third Point's efforts to engage with Campbell and garner support", "position": 2, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 32, "slideType": "testimonial", "function": "cite_precedent", "notes": "Uses authority-citation to validate the activist's thesis regarding board incompetence.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/32", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-32", "loopMatches": [], "arcBeatMatches": [ { "to": 33, "from": 28, "beatId": "31be7420-bdd1-44f5-ab85-e20e0b67671c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "Third Point's efforts to engage with Campbell and garner support", "position": 2, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 33, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a contrast-heavy visual (red bar vs grey bars) to highlight the negative analyst sentiment toward Campbell.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/33", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-33", "loopMatches": [], "arcBeatMatches": [ { "to": 33, "from": 28, "beatId": "31be7420-bdd1-44f5-ab85-e20e0b67671c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "Third Point's efforts to engage with Campbell and garner support", "position": 2, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 34, "slideType": "cover", "function": "front_matter", "notes": "The visual is a direct parody of Andy Warhol's Campbell's Soup Cans, substituting the brand name with 'INDEPENDENT SLATE' and adding a 'THIRD POINT' logo on the can.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/34", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-34", "loopMatches": [ { "to": 36, "from": 34, "name": "The Reveal", "slug": "05-the-reveal", "bestFor": "Product launches, strategic pivots, unexpected findings", "matchId": "456e5685-b4b1-4935-88b3-e7c357f409ae", "evidence": "The deck presents the credentials and experience of the proposed slate", "position": 1, "objective": "Who is the Independent Slate and what do they bring to the table?", "structure": "Setup the Question -> Build Suspense -> The Big Reveal", "confidence": 0.8, "description": "Build mystery and anticipation, then deliver a surprising or powerful conclusion" } ], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 35, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": "The slide uses a grid of headshots with names and key affiliations below each.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/35", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-35", "loopMatches": [ { "to": 36, "from": 34, "name": "The Reveal", "slug": "05-the-reveal", "bestFor": "Product launches, strategic pivots, unexpected findings", "matchId": "456e5685-b4b1-4935-88b3-e7c357f409ae", "evidence": "The deck presents the credentials and experience of the proposed slate", "position": 1, "objective": "Who is the Independent Slate and what do they bring to the table?", "structure": "Setup the Question -> Build Suspense -> The Big Reveal", "confidence": 0.8, "description": "Build mystery and anticipation, then deliver a surprising or powerful conclusion" } ], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 36, "slideType": "nominee_bio", "function": "introduce_nominees", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/36", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-36", "loopMatches": [ { "to": 36, "from": 34, "name": "The Reveal", "slug": "05-the-reveal", "bestFor": "Product launches, strategic pivots, unexpected findings", "matchId": "456e5685-b4b1-4935-88b3-e7c357f409ae", "evidence": "The deck presents the credentials and experience of the proposed slate", "position": 1, "objective": "Who is the Independent Slate and what do they bring to the table?", "structure": "Setup the Question -> Build Suspense -> The Big Reveal", "confidence": 0.8, "description": "Build mystery and anticipation, then deliver a surprising or powerful conclusion" } ], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 37, "slideType": "key_messages", "function": "present_solution", "notes": "The slide uses a contrast-based framing to position the Independent Slate against the incumbent board.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/37", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-37", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 38, "slideType": "key_takeaways", "function": "summarize", "notes": "The slide uses a two-column layout to contrast brand portfolio with investment thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/38", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-38", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 39, "slideType": "propose_solution", "function": "propose_solution", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/39", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-39", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 40, "slideType": "propose_solution", "function": "propose_solution", "notes": "The slide uses a split-layout to contrast the brand portfolio with the investment thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/40", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-40", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 41, "slideType": "key_messages", "function": "present_solution", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/41", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-41", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 42, "slideType": "valuation_table", "function": "quantify_opportunity", "notes": "The slide uses a bar chart to show EV/EBITDA multiples of recent transactions to support a target price range.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/42", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-42", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 43, "slideType": "key_messages", "function": "frame_problem", "notes": "Uses a classic quote as a rhetorical device to frame the incumbent board's strategy as 'insanity'.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/43", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-43", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 44, "slideType": "closing_ask", "function": "closing_ask", "notes": "The slide uses a pop-art aesthetic referencing Andy Warhol's Campbell's Soup Cans to brand the activist campaign.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/44", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-44", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-268b3ad1b9df", "docSlug": "096232e3bb54", "documentTitle": "Campbell Soup Company (CPB)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2018-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2941177, "pageNumber": 45, "slideType": "closing_ask", "function": "closing_ask", "notes": "The slide uses a visual metaphor of alphabet soup to reinforce the campaign slogan.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-268b3ad1b9df/45", "deckHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-268b3ad1b9df#slide-45", "loopMatches": [], "arcBeatMatches": [ { "to": 45, "from": 34, "beatId": "3fa2754a-81f2-4d19-95f8-5a71dd3108e5", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Victory", "beatSlug": "overcoming-monster-the-victory", "evidence": "The proposed Independent Slate and the path forward", "position": 3, "confidence": 0.8, "parentBeatName": "Turn", "parentBeatSlug": "turn" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 1, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": "https://imgproxy.kitesheet.com/6YF3n-CNfHitYV6desl_9whb8vEe72qH_hWDqFyawOw/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9lZmNhZTg0Njc2YTIvcDAwMS5qcGc", "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/1", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-1", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": "https://imgproxy.kitesheet.com/6tcJYA_eISn7JAaHYoKKK-iS8Vd60nDK0jkl-kFTmXU/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9lZmNhZTg0Njc2YTIvcDAwMS5wbmc", "thumbSrc": "https://imgproxy.kitesheet.com/TqrpxtGX327jqkuEWKHHnKvXlui0rJ2zK0M5MFfjdIM/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9lZmNhZTg0Njc2YTIvcDAwMS5qcGc", "thumbSrcAlt": "https://imgproxy.kitesheet.com/oQS2Yo3Sgf1EEFtSFaRpuOnX24_JFdWkax38PXMcpxM/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy9lZmNhZTg0Njc2YTIvcDAwMS5wbmc" }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 2, "slideType": "disclaimer", "function": "other", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/2", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-2", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 3, "slideType": "agenda", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/3", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-3", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 4, "slideType": "executive_summary", "function": "summarize", "notes": "The slide outlines the investment thesis for Sony, highlighting segment profitability, valuation gap, and capital deployment potential.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/4", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-4", "loopMatches": [], "arcBeatMatches": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 5, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a numbered list to structure five distinct areas of investor concern.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/5", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-5", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 6, "slideType": "executive_summary", "function": "frame_situation", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/6", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-6", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 7, "slideType": "key_takeaways", "function": "summarize", "notes": "The slide uses two stacked bar charts to contrast the growth of 'Crown Jewel' segments against consolidated EBIT.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/7", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-7", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 8, "slideType": "kpi_overview", "function": "analyze_data", "notes": "The slide uses a waterfall-style logic for the first chart and a grouped bar chart for the second to demonstrate FCF health.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/8", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-8", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 9, "slideType": "before_after", "function": "analyze_data", "notes": "The slide uses stacked bar charts to illustrate business mix transformation.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/9", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-9", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 10, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The slide argues that the market is mispricing Sony given its shift toward higher-multiple businesses.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/10", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-10", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 11, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The chart highlights that Sony (black bar) is consistently valued lower than its industry peers in every segment.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/11", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-11", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 12, "slideType": "problem_statement", "function": "diagnose_problem", "notes": "This is a classic 'conglomerate discount' argument used by activist investors to justify a breakup or restructuring.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/12", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-12", "loopMatches": [ { "to": 12, "from": 5, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "a3a9c54c-7e5b-4b43-9eca-5fa03913482c", "evidence": "The deck emphasizes the consequences of not taking action to address Sony's challenges.", "position": 0, "objective": "Highlight the cost of inaction and the need for transformation", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.8, "description": "Quantify what happens if the audience does nothing" } ], "arcBeatMatches": [ { "to": 12, "from": 5, "beatId": "1f23ace2-448e-411a-97a0-ff05f0ceef88", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Problem (Identify pain)", "beatSlug": "problem-agitate-solution-problem-identify-pain", "evidence": "The deck identifies Sony's current pain points, including its depressed stock price and valuation discount.", "position": 0, "confidence": 0.8, "parentBeatName": "Complication", "parentBeatSlug": "complication" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 13, "slideType": "comparison_table", "function": "compare_peers", "notes": "The table compares six Sony business units across six qualitative metrics: Capital Intensity, Customers, End Market, Growth, Industry Structure, and Cyclicality.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/13", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-13", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 14, "slideType": "preempt_rebuttal", "function": "preempt_rebuttal", "notes": "The slide uses a table to demonstrate that most analysts use electronics-focused valuation methods rather than SOTP, which the activist argues is more appropriate for Sony's entertainment-heavy portfolio.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/14", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-14", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 15, "slideType": "villain_critique", "function": "name_villain", "notes": "The slide uses a quote from Goldman Sachs to validate the 'villain' (complexity) and a bar chart to quantify the impact (conglomerate discount).", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/15", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-15", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 16, "slideType": "propose_solution", "function": "propose_solution", "notes": "The slide outlines a strategic preference for spin-offs over other corporate restructuring methods.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/16", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-16", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 17, "slideType": "propose_solution", "function": "propose_solution", "notes": "This slide outlines the core activist thesis for Third Point's campaign against Sony.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/17", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-17", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 18, "slideType": "propose_solution", "function": "propose_solution", "notes": "The slide uses a hub-and-spoke diagram to illustrate a corporate breakup/spinoff strategy.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/18", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-18", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 19, "slideType": "valuation_reveal", "function": "show_valuation_bridge", "notes": "The chart uses a standard waterfall bridge to reconcile segment values to an enterprise value and finally an SOTP total, compared against the current share price.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/19", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-19", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 20, "slideType": "closing_ask", "function": "summarize", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/20", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-20", "loopMatches": [], "arcBeatMatches": [ { "to": 20, "from": 13, "beatId": "3151323f-6f83-4c76-bdb5-1f568f4aa709", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Agitate (Make it worse)", "beatSlug": "problem-agitate-solution-agitate-make-it-worse", "evidence": "The deck agitates the problem by highlighting the consequences of inaction and the benefits of transformation.", "position": 1, "confidence": 0.8, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 21, "slideType": "cover", "function": "front_matter", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/21", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-21", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 22, "slideType": "thesis_headline", "function": "frame_problem", "notes": "This slide uses a classic 'conglomerate discount' argument structure.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/22", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-22", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 23, "slideType": "timeline", "function": "establish_context", "notes": "The slide uses a diagonal timeline arrow to anchor historical milestones against product images.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/23", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-23", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 24, "slideType": "problem_statement", "function": "diagnose_problem", "notes": "The slide uses a simple line chart to illustrate a long-term competitive decline.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/24", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-24", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 25, "slideType": "key_takeaways", "function": "summarize", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/25", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-25", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 26, "slideType": "comparison_table", "function": "compare_peers", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/26", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-26", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 27, "slideType": "kpi_overview", "function": "analyze_data", "notes": "Includes a technical diagram of a smartphone camera module and a product portfolio overview.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/27", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-27", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 28, "slideType": "key_takeaways", "function": "summarize", "notes": "The slide uses a structured 'Commentary' vs 'Evidence' layout to validate the thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/28", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-28", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 29, "slideType": "market_sizing", "function": "size_opportunity", "notes": "Includes a dual-axis chart showing TAM in $bn and Y/Y growth percentage, alongside a pie chart of market mix.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/29", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-29", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 30, "slideType": "market_sizing", "function": "size_opportunity", "notes": "Includes a market sizing table for CIS (CMOS Image Sensor) units and a historical/projected bar chart of cameras per phone.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/30", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-30", "loopMatches": [ { "to": 30, "from": 21, "name": "Before After", "slug": "21-before-after", "bestFor": "Product demos, process improvements, ROI justification", "matchId": "de0235d1-f2d6-4c1e-a620-feeb2311a4cc", "evidence": "The deck presents a clear before-after scenario, highlighting the potential benefits of transformation.", "position": 1, "objective": "Show the potential benefits of transformation and spin-off", "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta", "confidence": 0.7, "description": "Show the dramatic contrast between the old way and the new way through side-by-side comparison" } ], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 31, "slideType": "market_sizing", "function": "size_opportunity", "notes": "Includes a TAM calculation table, a historical bar chart of units per vehicle, and a Tesla Model 3 sensor diagram.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/31", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-31", "loopMatches": [], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 32, "slideType": "thesis_headline", "function": "quantify_opportunity", "notes": "The slide uses a combination of stacked area charts, donut charts, and a process flow to illustrate the investment thesis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/32", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-32", "loopMatches": [], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 33, "slideType": "valuation_table", "function": "show_valuation_bridge", "notes": "Includes specific references to Sony 2019 IR Day slides 145, 150, and 153.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/33", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-33", "loopMatches": [], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 34, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "Market data as of 6/11/2019.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/34", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-34", "loopMatches": [], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 35, "slideType": "propose_solution", "function": "propose_solution", "notes": "Uses an arrow-based process diagram to illustrate the benefits of a spin-off.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/35", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-35", "loopMatches": [], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3", "docSlug": "efcae84676a2", "documentTitle": "Sony Corporation (6758.T)", "authorId": "05_Third_Point", "authorName": "Third Point", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2019-06-13 00:00:00", "orientation": "portrait", "aspectRatio": 0.77272725, "pageNumber": 36, "slideType": "propose_solution", "function": "propose_solution", "notes": null, "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/36", "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3", "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-36", "loopMatches": [], "arcBeatMatches": [ { "to": 102, "from": 21, "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a", "arcName": "Problem-Agitate-Solution", "arcSlug": "problem-agitate-solution", "beatName": "Solution (Provide relief)", "beatSlug": "problem-agitate-solution-solution-provide-relief", "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.", "position": 2, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true } ] }