{
  "docId": "019f6b8f-46e3-7178-b88b-781944304949",
  "docSlug": "jarvis-oasis-fujitec-presentation-december-2022",
  "documentTitle": "Oasis Fujitec Presentation December 2022",
  "authorId": "oasis-fujitec-presentation-december-2022",
  "authorName": null,
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-12-01 00:00:00",
  "orientation": null,
  "aspectRatio": null,
  "pageNumber": 21,
  "pageCount": 71,
  "prevPage": 20,
  "nextPage": 22,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "The slide uses a timeline to show the sequence of events leading to the appointment of a conflicted law firm.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019f6b8f-46e3-7178-b88b-781944304949/21",
  "deckHref": "/decks/019f6b8f-46e3-7178-b88b-781944304949",
  "deckJsonHref": "/decks/019f6b8f-46e3-7178-b88b-781944304949.json",
  "deckAnchorHref": "/decks/019f6b8f-46e3-7178-b88b-781944304949#slide-21",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.88,
        "x": 0.06,
        "y": 0.26
      },
      "kind": "callout",
      "text": "Pre-Determined Results for Investigations",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "87cc6874-f929-4749-b27a-f7e8a908dc5f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.88,
        "x": 0.06,
        "y": 0.34
      },
      "kind": "diagram",
      "text": "Timeline of investigation appointments",
      "attrs": null,
      "subkind": "timeline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9076ecca-cf23-450a-bd1b-3f9320136e30",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.44,
        "x": 0.06,
        "y": 0.5
      },
      "kind": "list",
      "text": "Nishimura & Asahi's conflicted nature and track record raised doubt for all shareholders regarding the reliability of their findings.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "156c7cc3-c7d6-4e90-8410-78a232e3e440",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.88,
        "x": 0.06,
        "y": 0.16
      },
      "kind": "paragraph",
      "text": "The investigation led by conflicted law firm, Nishimura & Asahi, and overseen by Outside Directors SUGITA and YAMAZOE concluded that there were “no legal or corporate governance issues in relation to all of Transactions”.",
      "attrs": null,
      "subkind": "description",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e9a0607-02ec-4e0e-8171-2d87c0eb4345",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.42,
        "x": 0.52,
        "y": 0.5
      },
      "kind": "quote",
      "text": "What shareholders want is to have assurances that the company and Uchiyama have done nothing improper... ISS Report – Fujitec (2022)",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1336fe6b-4730-4635-a1ee-2b9d3deb62ed",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.18,
        "w": 0.42,
        "x": 0.52,
        "y": 0.7
      },
      "kind": "quote",
      "text": "We largely agree with Oasis' criticisms of Fujitec's investigation... Glass Lewis Report – Fujitec (2022)",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bf7f8344-ce05-45b6-b1ef-60d274feb20d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.06,
        "y": 0.08
      },
      "kind": "title",
      "text": "IV.a Accommodation to Uchiyama Control (cont.)",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f5a281a6-cd20-4763-a321-094423b8265c",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "9fe3a822-8f44-4149-aad5-904bd59825f5",
      "evidence": "Exposing the conflict of interest in the investigation process",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 28,
      "from": 6,
      "beatId": "2a5d5c34-6e89-4ba2-8215-8cb77b6d0983",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Monster",
      "beatSlug": "overcoming-monster-the-monster",
      "evidence": "Slides detailing issues with the current board and management",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Hook",
      "parentBeatSlug": "hook"
    }
  ],
  "loops": [
    {
      "to": 28,
      "from": 8,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "9048d20f-3d1e-441b-a99b-a3ded2785a5d",
      "evidence": "Repeated exposure of contradictions and mis-management",
      "position": 0,
      "objective": "Highlight patterns of mismanagement and poor governance",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 0.7,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}