Oasis Management has boosted its stake in Kadokawa from 13.76% to 15.25% by buying over 2.2 million shares. The activist fund aims to revamp the company’s governance and push for changes to enhance value, including better board effectiveness and maximizing revenue from key properties. Kadokawa is resisting some proposals, like replacing the CEO, but Oasis seems poised to further increase its share. Will this clash lead to meaningful changes at Kadokawa?

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