Oasis in the news

Any examples of strategies, trade ideas, or case studies are intended for illustrative and discussion purposes only, and are not necessarily indicative of the historical or future strategy or performance or the chances of success of any particular strategy. There can be no assurance that investment opportunities described herein will become available in the future. It should not be assumed that any investments described by any models would be profitable if implemented because among other things, assumptions described herein may not materialize. Any specific investments or case studies referenced in this presentation were selected for inclusion herein based on objective, non-performance based criteria solely for the purpose of describing the investment processes and analyses used by Oasis to evaluate such investments. A list of historical investments – including investments that lost money — can be made available upon request. As always, past performance is not necessarily indicative of future results.

March 2023

Electrical machinery giant’s subsidiary company rumored to merge with another major machinery manufacturer, aim is to eliminate the influence of an activist shareholder (JPN Only)

Toyo Keizai

Electrical machinery giant’s subsidiary company rumored to merge with another major machinery manufacturer, aim is to eliminate the influence of an activist shareholder (JPN Only)

Three outside directors dismissed, Fujitec in turmoil (JPN Only)

[Editorial] Corporations should improve governance, not run from activists (JPN Only)

Fujitec Pressed by Hong Kong Investment Fund; Activist Shareholder Pursues Founding Family President (JPN Only)

Former Fujitec chairman retaliates against activist shareholder that demanded his dismissal / Uchiyama, of the company’s founding family, makes shareholder proposal to appoint 8 outside directors

Fujitec’s General Meeting of Shareholders: company appoints four outside director candidates proposed by Oasis (JPN Only)

How to advance a dysfunctional board of directors: ‘If there are no women, change the management team’ (JPN Only)

Major elevator maker Fujitec: an unusual dismissal of 3 outside directors at the behest of an investment fund contributes to managerial confusion (JPN Only)

Fujitec’s General Meeting: Corporate Governance Cannot Be Neglected (JPN Only)

Fujitec to hold EGM today to discuss outside director appointments/dismissals (JPN Only)

Fujitec’s extraordinary general meeting of shareholders ends with dismissal of three outside directors and appointment of four proposed by investment fund (JPN Only)

Fujitec dismisses three outside directors at extraordinary shareholders’ meeting… nearly half of board replaced (JPN Only)

Three outside directors dismissed at Fujitec, four investment fund nominees appointed (JPN Only)

Fujitec dismisses three outside directors, sees shareholder proposals approved at general meeting; four new outside directors appointed, two company proposals rejected (JPN Only)

Fujitec appoints four directors recommended by Oasis at EGM (JPN Only)

Dismissal of three outside directors approved at Fujitec’s extraordinary general meeting of shareholders (JPN Only)

Fujitec dismisses three outside directors as result of shareholder proposal being passed at EGM, according to reports (JPN Only)

Fujitec: three outside directors dismissed; shareholder proposal approved at EGM – Four new appointments approved, two company proposals rejected (JPN Only)

Fujitec to hold EGM tomorrow, focus will be on dismissal of outside directors, proposals by Hong Kong fund, conflicts with the company (JPN Only)

Fujitec vs. Hong Kong fund to battle over outside directors at Feb. 24 EGM (JPN Only)

The challenges of corporate management in Japan as seen by an activist investor; Seth Fischer, Chief Investment Officer at Hong Kong-based investment fund Oasis Management Group (JPN Only)

Fujitec and Hong Kong fund clash over outside director issue, EGM on Feb. 24 (JPN Only)

Fujitec vs. Oasis: The great battle before the AGM: The story behind the outside director proposal and the unusual four revisions (JPN Only)

Fujitec and major shareholder Oasis continue to fight it out: what are both parties claims? The EGM will be held on February 24 (JPN Only)

Hong Kong fund: ‘operating margin will improve’ with change of Fujitec’s outside directors (JPN Only)

Proxy advisory firm Glass Lewis issues split recommendation ahead of Fujitec EGM (JPN Only)

Daio Paper is a ticking bomb: an explosive mixture of deep-seated resentments, declining performance, and activists (JPN Only)

ISS Recommends Approval of All of Oasis’s Shareholder Proposals Ahead of Fujitec EGM (JPN Only)

Hong Kong Fund: ‘Fujitec’s Leadership Will Not Enhance Corporate Value’ (JPN Only)