Takakazu

ISS Unanimously Supports All Oasis Shareholder Proposals for Fujitec EGM

Retrieved on: 
Friday, February 10, 2023
Banking, Professional Services, Finance, Annual general meeting, JT, EGM, Kone, Feedback, Depression, Hirao, ISS, Female, Waste Management (company), Takakazu, AGM, FOR, ROE, Uchiyama, Holding company, Management, Security (finance), Audit, Online shopping, Refinitiv, Fujitec

Oasis Management Company Ltd. (“Oasis”) is the manager to funds that beneficially own over 16.5% of elevator manufacturer and servicing company Fujitec Co., Ltd. (6406 JT) (“Fujitec” or the “Company”).

Key Points: 
  • Oasis Management Company Ltd. (“Oasis”) is the manager to funds that beneficially own over 16.5% of elevator manufacturer and servicing company Fujitec Co., Ltd. (6406 JT) (“Fujitec” or the “Company”).
  • In December 2022, Oasis requisitioned the Fujitec Board of Directors (“Board”) to call an extraordinary general meeting (“EGM”) to allow shareholders to vote on proposals to remove six incumbent directors, and to appoint highly qualified independent and experienced Outside Directors.
  • Oasis welcomes the recently published research report from the leading independent proxy advisory firm, Institutional Shareholder Services Inc. ("ISS"), which recommends that Fujitec shareholders vote FOR all of the Oasis proposals including REMOVAL of the six targeted incumbents and support FOR all of Oasis’s Outside Director nominees (and FOR Oasis’s proposals related to compensation plans for the Directors), and AGAINST the appointment of two Fujitec-sponsored Outside Director nominees.
  • For more information please visit our website www.ProtectFujitec.com or email us at [email protected] with questions, comments, or feedback.

Oasis Calls Extraordinary Shareholders Meeting to Protect Fujitec by Elevating Fujitec’s Governance (Stock Code: 6406 JT)

Retrieved on: 
Wednesday, November 30, 2022
Professional Services, Finance, Pressure, Human, Responsibility, Guilt, OASIS, The Document, Trust, JT, Control, Risk management, Uchiyama, Mass meeting, Takakazu, Exercise, Internal control, EGM, Family, Collection, Failure, Publication, Outside, Wellington Management Company, UK Corporate Governance Code, AGM, Management, Audit, Security (finance), Property management, Fujitec

At the Companys 2022 AGM, shareholders witnessed truly unprecedented acts that demonstrated the extent to which Fujitecs governance had been compromised during the reign of Takakazu Uchiyama.

Key Points: 
  • At the Companys 2022 AGM, shareholders witnessed truly unprecedented acts that demonstrated the extent to which Fujitecs governance had been compromised during the reign of Takakazu Uchiyama.
  • Oasis is nominating seven independent, highly experienced, and diverse directors for the Fujitec Board in order to elevate Fujitecs governance and protect the interests of all stakeholders.
  • Oasis is not in any way soliciting or requesting shareholders to jointly exercise their voting rights together with Oasis.
  • Oasis is expressing those opinions solely in its capacity as an investment advisor to the Oasis Funds.

Oasis Statement on Fujitec AGM

Retrieved on: 
Tuesday, June 28, 2022
Professional Services, Finance, Financial instrument, Â, Glass Lewis, Board of directors, Document, Stewardship Code, The Document, Takakazu, Committee, Exercise, Ownership, Company, ISS, Zimele Asset Management Company Limited, UK Corporate Governance Code, Financial Instruments and Exchange Act, AGM, Human, Annual general meeting, Board, Leadership, Uchiyama, Director, Management, Audit, Security (finance), Public relations, Fujitec

Oasis Management Company Ltd. (Oasis) is the manager to funds that own over 9.7% of Fujitec Co. Ltd. (Fujitec or the Company).

Key Points: 
  • Oasis Management Company Ltd. (Oasis) is the manager to funds that own over 9.7% of Fujitec Co. Ltd. (Fujitec or the Company).
  • Oasis brought to light several highly inappropriate related-party transactions that have taken place between Fujitec and Mr. Uchiyama.
  • Oasis will continue its efforts to Protect Fujitec and will amplify our efforts to reach more stakeholders to bring about change.
  • The information contained in this press release (referred to as the "Document") is an information resource for shareholders in Fujitec offered by Oasis, the investment manager to funds that are shareholders of Fujitec (the "Oasis Funds").