PanaHome shareholders are not getting a fair deal

Panasonic Corporation (6752 JP) owns 54% of PanaHome Corporation (1924 JP) and plans to take over PanaHome on August 1, 2017 at just 0.80 shares of Panasonic for every 1 share of PanaHome you have. This undervalues your PanaHome shares by over 50% and abuses your rights as a minority shareholder. It is time for minority shareholders to stand up and demand a fair deal. This is the first major test for the equal treatment of shareholders under the corporate governance code. 

In addition, in our opinion, the process to determine the share exchange ratio was flawed as it was designed to protect the economic interests of the parent company at the expense of the economic interests of minority shareholders.

It is time for minority shareholders to stand up and demand a fair deal.  Panahome's shareholders need to act to protect themselves from this deal.

                    Why You Should Care

                    Why You Should Care

Oasis History of Engagement with Panahome

Oasis History of Engagement with Panahome

                                    News

                                    News

             Corporate Governance in Japan

             Corporate Governance in Japan

                             Take Action

                             Take Action

             Join Us in Protecting Panahome

             Join Us in Protecting Panahome

        Where is Minority Access to The Special              Committee or Independent Directors?

        Where is Minority Access to The Special              Committee or Independent Directors?

                       Valuation Opinion

                       Valuation Opinion