It is time for Fujitec to break its ties with the Uchiyama family and its poor governance. Fujitec should identify a new chairman and a new president who will take responsibility and welcome accountability. With President Uchiyama’s son, Yusuke Uchiyama, being swiftly promoted through the ranks, Oasis is concerned that nepotism will continue to reign supreme at Fujitec, and that the Company will remain under Uchiyama family control.

Fujitec deserves the best of management, not only those who simply bear Uchiyama’s last name.

This AGM is a perfect time for shareholders to send a clear message to Fujitec that the era of family control and unacceptable governance is over by voting against the appointment of Takakazu Uchiyama as a director of Fujitec.

President Uchiyama has held the Company back for too long, and his presence has been detrimental to the Company. After the era of family control is put to an end, the Company and its shareholders will finally be able to appoint a new president with domestic and international experience who can sustainably increase corporate value over the long-term and enhance its competitive edge.

Fujitec has the right technologies, great employees, and strong prospects, but has lacked the right leadership for twenty years. Fujitec deserves a President that can lead the growth over the next decades.

We are seeing encouraging corporate governance changes across Japan. Fujitec deserves nothing less.

Vote AGAINST the director appointment of Takakazu Uchiyama at the upcoming AGM.

For more information, please contact info@protectfujitec.com.