“Tokyo Dome management takes responsibility” Hong Kong investment fund, a major shareholder, October 22, 12:43

A major shareholder of the operating company of Tokyo Dome, whose business performance is sluggish, a Hong Kong-based investment fund meets, criticizes the management, and discusses a proposal to dismiss three directors including the president We requested that an extraordinary general meeting of shareholders be held promptly.

Seth Fischer, chief investment officer from Hong Kong, where the investment fund "Oasis Management Company" holds more than 9% of the shares of "Tokyo Dome", met online on the 22nd.



Among them, Mr. Fisher said, "The current management team is not trying to make a big improvement. The company's plan," because Tokyo Dome's financial results for this year are expected to fall into the final deficit of 18 billion yen for the entire group. Is small, slow and inadequate. Especially in the last 7 years, we have failed to improve profitability, so please take responsibility, "he criticized the management.



In addition, we requested that an extraordinary general meeting of shareholders be held promptly to discuss a proposal to dismiss three of the ten directors, including President Tsutomu Nagaoka.



Investment funds want to recommend new executives to replace the three in the future.



In response, Tokyo Dome says, "We are internally considering whether or not the proposal for the extraordinary general meeting of shareholders is appropriate, and will announce it as soon as it is decided."