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  "documentTitle": "Kao Corporation (4452)",
  "authorId": "25_Oasis_Management",
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  "presentationDate": "2024-12-05 00:00:00",
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  "notes": "The slide uses a combination of rhetorical questions, a direct company quote, an analyst quote, and a breakdown of the Long-Term Incentive Plan to highlight potential strategic misalignment.",
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      "text": "If we roll out in more countries and regions through various sales channels, it is possible to aim for sales of 100 billion yen, but we will strive to be the Global Sharp Top without taking such an approach",
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      "text": "Long-Term Incentive Plan: 30%",
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      "kind": "paragraph",
      "text": "Has the board commissioned external resources, data and experts to validate the current strategy?",
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      "kind": "paragraph",
      "text": "Do the external directors plan further development of the pay policy for management? If so, what aspects?",
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      "kind": "quote",
      "text": "Killer Strengths, Just Needs a Killer Growth Strategy",
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      "text": "If we roll out in more countries and regions through various sales channels, it is possible to aim for sales of 100 billion yen, but we will strive to be the Global Sharp Top without taking such an approach",
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      "kind": "quote",
      "text": "If we roll out in more countries and regions through various sales channels, it is possible to aim for sales of 100 billion yen, but we will strive to be the Global Sharp Top without taking such an approach — Kao Group Cosmetics and Skin Protection Business Growth Strategy Briefing, September 2023; Killer Strengths, Just Needs a Killer Growth Strategy — SMBC Nikko Securities, October 03, 2023",
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      "kind": "title",
      "text": "Clarity of Direction",
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