On June 27, 2024, Oasis Management Company Ltd has called for governance overhaul at Ain Holdings Inc after scandal and director arrests highlight lack of oversight, and in the interest of improving Company?s corporate value, Oasis Management urged its fellow shareholders to vote against the appointment of Shigeki Kimura, vote for the dismissal of board directors Shigeru Yamazoe and Junro Ito, vote for Oasis Management nominees Yoshitake, Maeda, Dmitrenko, and Shinmori, and vote for a proposal to introduction of a new compensation plan for outside directors at the 2024 annual meeting of shareholders.