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  "docSlug": "d431e2d5bb2b",
  "documentTitle": "Kao Corporation (4452.JP)",
  "authorId": "25_Oasis_Management",
  "authorName": "Oasis",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2025-02-26 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 15,
  "pageCount": 136,
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  "slideType": "peer_benchmark",
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  "density": "balanced",
  "nDataPoints": 7,
  "notes": "The slide uses a callout box to emphasize the negative growth of the subject company compared to the positive growth of peers.",
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  "slideHref": "/slides/019dd923-622b-71dc-a6dd-591332a8793a/15",
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      "bbox": {
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        "y": 0.21
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      "kind": "callout",
      "text": "Kao is unique among global FMCG companies for having NEGATIVE underlying REAL sales growth between 2020-24 and no organic sales growth target.",
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      "kind": "chart",
      "text": "Bar chart showing Kao at -0.2% and 2.5% vs peers at 3.5%, 6.0%, 6.2%, 10.6%, 10.7%",
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      "kind": "legend",
      "text": "Arrow pointing from callout to Kao's negative bar",
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      "kind": "metric",
      "text": "Underlying Real Sales CAGR: -0.2%",
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      "kind": "subtitle",
      "text": "Underlying Real Sales CAGR 2020-24 (2020 = 100)",
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        "h": 0.08,
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      "kind": "title",
      "text": "LOW Consumer Goods Revenue Growth",
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  "metrics": [],
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      "matchId": "afda3c38-3d91-4ce7-8949-1bb1c1b4af89",
      "evidence": "Comparing subject company performance against a peer group to highlight underperformance.",
      "confidence": 0.9
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      "to": 26,
      "from": 14,
      "beatId": "17467a54-a2b1-46a4-94a1-5a23dc558e7e",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Expose Contradiction",
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      "evidence": "The presentation highlights contradictions between Kao Corp.'s statements and actual data, such as underperforming peers and lacking global experience.",
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      "confidence": 0.8,
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