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  "documentTitle": "Oasis Fujitec Presentation December 2022",
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  "notes": "Uses a series of rhetorical questions to frame the directors' failure as a breach of fiduciary duty.",
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      "kind": "callout",
      "text": "Outside Director Approve Sale of Property to the Private Entity of Uchiyama’s Son",
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      "text": "Why did the Outside Directors allow Fujitec to sell the luxury apartment to Yusuke Uchiyama’s private entity instead of an auction to get the highest price? If it is an arms-length transaction, why did the Outside Directors accept the AVERAGE price of two real estate appraisals and not the highest price? Fujitec claims that it no longer required a sales office and so was ready to sell the apartment, how did the Outside Directors assess this claim? A whistle-blower explained that Domus was sold by Fujitec on instruction from President Uchiyama due to concerns over Oasis’s probe into the related-party transactions, particularly the low rent charged to the Uchiyama family. Why did the Outside Directors fail to identify this issue? Why do the Outside Directors believe that this transaction is not problematic in terms of corporate governance and the protection of stakeholders’ interest?",
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      "text": "Outside Directors have demonstrated that they are not representing shareholder interests by not speaking out over the numerous red flags that have surrounded the many transactions benefiting the Uchiyama family – most recently the discounted sale of Domus Moto Azabu to Santo Inc., a company owned by Yusuke Uchiyama, the son of Takakazu.",
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      "text": "V. Fujitec’s Outside Directors Failed to Fulfill Their Role",
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