Tokyo: Kao Corporation (TOKYO:4452) has revealed its stance on the shareholder proposals put forward by Oasis Japan Strategic Fund Ltd. ('Oasis') for the upcoming 119th Annual General Meeting of Shareholders. This disclosure was made on February 14, 2025.
According to BERNAMA News Agency, the company has also released its response to a statement issued by Oasis in April 2024. This response is included in a document titled "Board of Directors' Opinion on Shareholder Proposal and Kao's Strategy to Enhance Corporate Value." The document outlines Kao's strategic approach to improving corporate value while addressing the concerns raised by Oasis.
Kao Corporation's board of directors has carefully considered the proposals and crafted a detailed response aimed at aligning with shareholder interests and enhancing the company's overall value. The document serves as both a response to Oasis's proposals and a strategic plan for Kao's future initiatives.