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  "documentTitle": "Kao Corporation (4452.JP)",
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  "notes": "The slide uses a provocative quote to frame management as risk-averse or incompetent regarding growth.",
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      "text": "中期経営計画「K27」では、ヘルス＆ビューティーケア事業や同社の化粧品ブランドを通じて実現可能な大きな成長機会について十分に取り上げていません。成長意欲が欠落しており、花王の経営陣には事業成長に対するアレルギーがあるように見えて仕方ありません。",
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