As a long-term investor, Oasis has been engaging closely with Sanken Electric Co., Ltd. (6707 JT) (“Sanken” or the “Company”) to help make Sanken a better company.
On November 6, 2019, Sanken announced “Notice on Production System Optimization in Mainstay Businesses and Strategic Review of Non-mainstay Businesses”.
This new value enhancement plan is an excellent start for Sanken in unlocking its value and true potential.
Executing on this value enhancement plan is essential, and we believe the speedy and firm implementation of the plan should be the Company’s top priority.
As a long-term engaged shareholder, we pledge to continue our dialogue with the Company to help ensure progress on these measures and to help build A Better Sanken.