Oasis Boosts Stake in Tokyo Dome and Releases Investor Presentation

Oasis has increased its position in Tokyo Dome, up from its previous holding of 5.4%.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, January 31, 2020
Information
Tags: 
Professional services, Finance, Venues of the 2020 Summer Olympics, Corporate governance in the United Kingdom, Stewardship Code, United Kingdom, Sport in Japan, Oasis, Tokyo Dome City, Tokyo Dome, Tokyo, Sports venues, Sports
Geotags: 
Hong Kong
⚠generated by AI ↴
Summary
Key Points: 
  • Oasis has increased its position in Tokyo Dome, up from its previous holding of 5.4%.
  • Oasis believes that Tokyo Dome can meaningfully improve its performance, increase profitability, and enhance the fan experience by:
    1) Improving operations at Tokyo Dome;
    2) Improving operations at the Tokyo Dome Hotel or bringing in an external manager;
    3) Exploring partnerships for the Tokyo Dome City Attractions theme park;
    4) Disposing of non-core assets; and
    Oasis Management Company Ltd. manages private investment funds focused on opportunities in a wide array of asset classes across countries and sectors.
  • Oasis was founded in 2002 by Seth H. Fischer, who leads the firm as its Chief Investment Officer.
  • Oasis has adopted the Japan FSAs Principles of Responsible Institutional Investors (a/k/a Japan Stewardship Code) and in line with those principles, Oasis monitors and engages with our investee companies.


Oasis Management Company Ltd. (“Oasis”) is the manager to funds that beneficially own over 9.6% of Tokyo Dome Corporation (9681 JT) (“Tokyo Dome” or the “Company”).

Oasis has increased its position in Tokyo Dome, up from its previous holding of 5.4%. Oasis believes that Tokyo Dome can meaningfully improve its performance, increase profitability, and enhance the fan experience by:

1) Improving operations at Tokyo Dome;

2) Improving operations at the Tokyo Dome Hotel or bringing in an external manager;

3) Exploring partnerships for the Tokyo Dome City Attractions theme park;

4) Disposing of non-core assets; and

5) Improving corporate governance.

Today, Oasis has released an investor presentation entitled “A Better Tokyo Dome.” The full presentation can be viewed on the homepage of www.abettertokyodome.com.

All stakeholders are encouraged to contact Oasis at [email protected].

Oasis Management Company Ltd. manages private investment funds focused on opportunities in a wide array of asset classes across countries and sectors. Oasis was founded in 2002 by Seth H. Fischer, who leads the firm as its Chief Investment Officer. More information about Oasis is available at https://oasiscm.com. Oasis has adopted the Japan FSA’s “Principles of Responsible Institutional Investors” (a/k/a Japan Stewardship Code) and in line with those principles, Oasis monitors and engages with our investee companies.

Copyright: 
Copyright Business Wire 2020