{
  "docId": "019dd923-622b-71dc-a6dd-591332a8793a",
  "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",
  "aspectRatio": 1.7777778,
  "pageNumber": 16,
  "pageCount": 136,
  "prevPage": 15,
  "nextPage": 17,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "sparse",
  "nDataPoints": 60,
  "notes": "The chart highlights a 'Pre-COVID ROIC' threshold of 14.0% as a performance benchmark.",
  "elementsJson": [
    "headline_text",
    "line_chart",
    "logo_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dd-591332a8793a/16",
  "deckHref": "/decks/019dd923-622b-71dc-a6dd-591332a8793a",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dd-591332a8793a.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dd-591332a8793a#slide-16",
  "components": [
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.67,
        "y": 0.365
      },
      "kind": "callout",
      "text": "PRE-COVID ROIC ≥ 14.0%",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "41e0f450-116d-4223-b364-31b9d640f85c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.7,
        "w": 0.85,
        "x": 0.07,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Return on Invested Capital (ROIC) line chart",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc9d0f4c-28f8-45d9-80eb-5566c3d203cb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "ROIC: 8.30%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-3f3f-7598-93fb-321f750bcdcb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.45,
        "x": 0.07,
        "y": 0.03
      },
      "kind": "title",
      "text": "UNDERPERFORM on ROIC",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2201c91f-3f90-4d09-9f0b-a71db3bee18e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "comparison-frame",
      "slug": null,
      "matchId": "abff53ad-f728-46b9-8cbb-62163932d5de",
      "evidence": "Comparing Kao's ROIC performance against a peer group of industry competitors.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 26,
      "from": 14,
      "beatId": "17467a54-a2b1-46a4-94a1-5a23dc558e7e",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Expose Contradiction",
      "beatSlug": null,
      "evidence": "The presentation highlights contradictions between Kao Corp.'s statements and actual data, such as underperforming peers and lacking global experience.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}