Financial instrument

3D Emphasizes the Need for Substantial Board Change at Fuji Soft

Retrieved on: 
수요일, 11월 30, 2022

Ltd. as investment manager of 3D OPPORTUNITY MASTER FUND (together, 3D, we, us or our), the largest shareholder of Fuji Soft Incorporated (Fuji Soft or the Company), today responded to the investor presentations released by Fuji Soft in November 2022.

Key Points: 
  • Ltd. as investment manager of 3D OPPORTUNITY MASTER FUND (together, 3D, we, us or our), the largest shareholder of Fuji Soft Incorporated (Fuji Soft or the Company), today responded to the investor presentations released by Fuji Soft in November 2022.
  • These commitments, though very late in coming, represent welcome initial steps toward Fuji Soft realizing its full corporate value.
  • To hold Fuji Soft accountable, we believe that the Board of Directors must be strengthened through the addition of new outside directors who are entirely independent of 3D and Fuji Soft and bring much-needed expertise in key areas.
  • 3DIP does not have the intention to make a proposal, directly or through other shareholders of Fuji Soft, to transfer or abolish the business or asset of Fuji Soft and/or Fuji Soft group companies at the general shareholders meeting of Fuji Soft.

3D Welcomes ISS Support for Its Director Candidates at Fuji Soft

Retrieved on: 
월요일, 11월 21, 2022

ISS further notes that, by supporting two of 3Ds candidates, Fuji Soft indirectly acknowledges the shortcomings of the current board composition.

Key Points: 
  • ISS further notes that, by supporting two of 3Ds candidates, Fuji Soft indirectly acknowledges the shortcomings of the current board composition.
  • Worryingly, as ISS points out, it appears that Fuji Soft is seeking to add its own director candidates in order to water down [3Ds] influence if [its] nominees are elected.
  • 3D urges Fuji Soft shareholders to support enhanced independent Board oversight by voting FOR all four of 3Ds nominees.
  • 3DIP does not have the intention to make a proposal, directly or through other shareholders of Fuji Soft, to transfer or abolish the business or asset of Fuji Soft and/or Fuji Soft group companies at the general shareholders meeting of Fuji Soft.

3D Releases Updated Investor Presentation Responding to Fuji Soft and Outlining Why 3D’s Nominees Are Needed as New Outside Directors

Retrieved on: 
목요일, 11월 17, 2022

The presentation is available at:

Key Points: 
  • The presentation is available at:
    3D currently owns more than 21% of Fuji Soft and is the Companys largest shareholder.
  • 3D does not believe the Committee is capable of solving the inherent problems at Fuji Soft.
  • In our view, the incumbent directors lack the necessary expertise and independence to objectively examine and remedy Fuji Softs shortcomings.
  • To address the lack of expertise and independence on the Board, 3D nominated four new, independent outside directors to the Companys Board.

3D Calls on Outside Directors to Address Sapporo’s Prolonged Underperformance

Retrieved on: 
화요일, 11월 8, 2022

3D believes it is essential that Outside Directors seek opinions and new ideas from shareholders as they fundamentally reexamine Sapporo's existing management policies.

Key Points: 
  • 3D believes it is essential that Outside Directors seek opinions and new ideas from shareholders as they fundamentally reexamine Sapporo's existing management policies.
  • Sapporos new Medium-Term Management Plan (the MTMP) must address the root causes of Sapporos prolonged underperformance.
  • In October 2022, 3D requested that Sapporo's Outside Directors initiate a comparative review of the Value Enhancement Plan and the new MTMP formulated by Sapporo's management team.
  • Outside Directors need to solicit a broader range of shareholders views on what they expect from Outside Directors.

Farmers & Merchants Bancorp (FMCB) Reports Record Third Quarter and Year-to-Date Earnings

Retrieved on: 
수요일, 10월 26, 2022

LODI, Calif., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported record net income of $19.5 million, or $25.20 per diluted common share for the third quarter of 2022 up 13.7% compared with $17.5 million, or $22.16 per diluted common share, for the third quarter of 2021. Annualized return on average assets was 1.45% and return on average equity was 16.64% for the third quarter of 2022 compared with 1.39% and 15.64% for the same period a year earlier. The expense efficiency ratio for the third quarter was 46.86% compared with 46.84% for the same period the prior year. During the quarter the Company repositioned the available-for-sale (“AFS”) securities portfolio by selling $30.8 million of securities at a loss of $3 million, allowing us to generate higher yields by reinvesting those funds in the future. Recognizing the weakening economic outlook nationally, during the 3rd quarter the Company recorded a provision for credit losses of $1.5 million and a provision for unused commitments of $1.0 million.

Key Points: 
  • The Companys net interest margin increased to 3.95% in the third quarter of 2022 compared with 3.26% in the third quarter of 2021.
  • Farmers & Merchants Bancorp, trades on the OTCQX under the symbol FMCB, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank.
  • Farmers & Merchants Bancorp has paid dividends for 87 consecutive years and has increased dividends for 57 consecutive years.
  • As a result, Farmers & Merchants Bancorp is member of a select group of only 45 publicly traded companies referred to as Dividend Kings.

3D Releases Investor Presentation in Support of Its EGM Resolutions to Appoint Four New Outside Directors at Fuji soft Incorporated

Retrieved on: 
목요일, 10월 13, 2022

Ltd. as investment manager of 3D OPPORTUNITY MASTER FUND (together 3D) today published a presentation regarding its shareholder proposals to enhance board composition at Fuji soft Incorporated (Fuji soft or the Company) (9749.T).

Key Points: 
  • Ltd. as investment manager of 3D OPPORTUNITY MASTER FUND (together 3D) today published a presentation regarding its shareholder proposals to enhance board composition at Fuji soft Incorporated (Fuji soft or the Company) (9749.T).
  • 3D has nominated four candidates to be added to the Fuji soft Board of Directors.
  • The presentation is available at:
    3D currently owns more than 21% of Fuji soft and is the Companys largest shareholder.
  • 3Ds proposal seeks to appoint four such directors, all of whom are completely independent of 3D and Fuji soft.

SoCap Bonus introduces innovative employee programs to a different level of employee non wage benefits.

Retrieved on: 
금요일, 10월 7, 2022

An entitlement that does not function as a means of payment or an investment token is incorporated into the SOCAP utility token.

Key Points: 
  • An entitlement that does not function as a means of payment or an investment token is incorporated into the SOCAP utility token.
  • In addition, SoCap Bonus is primarily an anti-inflationary bonus created in the inflation era to save workplaces and create new ones.
  • An employee whose employer uses the new SoCap Bonus billing system receives PLN 2,400 as the basis for remuneration and PLN 2,600 as a SoCap Bonus bonus that can be used anywhere in the world.
  • SoCap Bonus is anti-inflationary, and, for example, in September, the SoCap Bonus grew by 25% due to the supply and demand's ordinary law, i.e., the real employee received PLN 6,250.

The New York Stock Exchange and Tokyo Stock Exchange Announce New Collaboration to Support Cross-Border Investment Between the U.S. and Japan

Retrieved on: 
목요일, 9월 22, 2022

This agreement represents an important evolution in the longstanding relationship between the New York Stock Exchange and the Tokyo Stock Exchange as well as supporting cross-border investment between two of the worlds leading economies, said Lynn Martin, NYSE President.

Key Points: 
  • This agreement represents an important evolution in the longstanding relationship between the New York Stock Exchange and the Tokyo Stock Exchange as well as supporting cross-border investment between two of the worlds leading economies, said Lynn Martin, NYSE President.
  • We are excited to be expanding our relationship with the Tokyo Stock Exchange and look forward to working together for years to come.
  • NYSE Groups equity exchanges -- the New York Stock Exchange, NYSE American, NYSE Arca, NYSE Chicago and NYSE National -- trade more U.S. equity volume than any other exchange group.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Notice from Oasis Management Company Ltd Concerning the Commencement of a Tender Offer for Shares of Raysum Co., Ltd. (Securities Code: 8890)

Retrieved on: 
화요일, 9월 20, 2022

After the completion of the Tender Offer, Oasis Management intends to work together with the management and employees of Raysum to maximize Raysums corporate value.

Key Points: 
  • After the completion of the Tender Offer, Oasis Management intends to work together with the management and employees of Raysum to maximize Raysums corporate value.
  • RS Company Ltd., a subsidiary of Oasis Management (Oasis Management, RS Company Ltd., and the Tender Offeror are referred to individually or collectively as Oasis) owns all of the Tender Offerors shares.
  • The Tender Offeror has entered into a tender agreement (Tender Agreement) with PO dated September 20, 2022, in connection with the Tender Offer.
  • For other details of the Tender Offer, please refer to the Tender Offer Registration Statement to be submitted by the Tender Offeror on September 21, 2022, regarding the Tender Offer.

Denis Ricard, President and Chief Executive Officer of iA Financial Group, to speak at the Scotiabank Financials Summit

Retrieved on: 
목요일, 9월 1, 2022

QUEBEC CITY, Sept. 1, 2022 /CNW Telbec/ -Denis Ricard, President and Chief Executive Officer of iA Financial Group, will speak at the Scotiabank Financials Summit on Thursday, September8,2022, at2:00p.m.

Key Points: 
  • QUEBEC CITY, Sept. 1, 2022 /CNW Telbec/ -Denis Ricard, President and Chief Executive Officer of iA Financial Group, will speak at the Scotiabank Financials Summit on Thursday, September8,2022, at2:00p.m.
  • iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States.
  • However, despite the shortterm negative impacts of the pandemic on its results, iA Financial Group remains financially solid.
  • iA Financial Group is a business name and trademark of iA Financial Corporation Inc. and Industrial Alliance Insurance and Financial Services Inc.