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  "documentTitle": "Oasis Fujitec Presentation December 2022",
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  "presentationDate": "2022-12-01 00:00:00",
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  "notes": "Uses a timeline-like structure to contrast company statements with shareholder suspicion.",
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      "kind": "callout",
      "text": "Public Communications – Shielding Uchiyama",
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      "text": "Timeline of events from May 19 to June 23, 2022",
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      "kind": "paragraph",
      "text": "At the same time, the Company's board of directors believes that Takakazu Uchiyama, a representative director of the Company, should not be appointed as a director of the Company until the Company receives a report on the results of the Investigation, and that only after it is confirmed by the results of the Investigation that there are no issues in relation to the related party transaction and other actions raised by the certain Company's shareholder should he be nominated again as a director for consideration by the Company's shareholders. Therefore, the Company's board of directors has withdrawn the proposal to nominate him as a director candidate as part of Proposal 5: “Election of 10 Directors”.",
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      "kind": "paragraph",
      "text": "As set out in the Japan Corporate Governance Code - Principle 3: Ensuring Appropriate Information Disclosure and Transparency – “the board should recognize that disclosed information will serve as the basis for constructive dialogue with shareholders, and therefore ensure that such information, particularly non-financial information, is accurate, clear and useful”.",
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      "text": "On the 30 May, after an internal investigation, the Company concluded that there were no legal or governance issues associated with the RPTs committed by the Uchiyama family. Based on this conclusion, the Board judged it was suitable to maintain Takakazu Uchiyama’s nomination at the 2022 AGM (Source).",
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      "kind": "paragraph",
      "text": "It is also common knowledge that Fujitec was calling shareholders on the evening prior to the 2022 AGM asking them to change their votes – this supports a suspicion that the pulled nomination was only because the Board knew Uchiyama had failed to be re-elected. Fujitec's claim that the withdrawal for the nomination was due to the Investigation is clearly UNTRUE.",
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      "text": "Just an hour before the AGM began, the Board announced its decision to remove Takakazu Uchiyama’s nomination (Source). The Company's rationale for removing the nomination was to allow the Investigation, announced on 17 June (Source), to be completed. At the AGM, Fujitec Directors stated that the withdrawal of nomination was not connected to the voting results. Shareholders are right to question, why wasn't the nomination removed on 17 June (when the Third-Party Committee was announced)? And, did the Board instead react to seeing the votes cast by shareholders?",
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      "kind": "title",
      "text": "IV.c Evasive Tactics (cont.)",
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