{"id":927,"date":"2017-12-27T14:48:55","date_gmt":"2017-12-27T05:48:55","guid":{"rendered":"https:\/\/www.antcapital.jp\/wordpress\/?page_id=927"},"modified":"2021-04-07T14:39:59","modified_gmt":"2021-04-07T05:39:59","slug":"buyout-investment-method","status":"publish","type":"page","link":"https:\/\/www.antcapital.jp\/en\/buyout-investment\/buyout-investment-method\/","title":{"rendered":"Investment and Post-investment Methodologies"},"content":{"rendered":"

Investment Characteristics<\/h2>\n

Loyal Hands-on Approach<\/h3>\n

We have seen many cases where management support did not go well when attempting to simply transplant outstanding know-how. Know-how is not to be imposed without listening to the other party. An important factor in achieving improvements is ensuring that action is taken with the complete understanding of the front lines. Based on our many years of experience, we are well aware of the need to think about management from the same perspective of the management and employees. As a result, we understand how to implement the transition of management know-how smoothly. We have closely guarded internal rules for our hands-on approach, and we provide thorough instruction to the members of our Group on how to speak and behave at the companies in which we invest. Under this policy, we develop a robust management structure that withstand an IPO by taking roughly three to four years to make improvements in the three key areas of visualization, thinking and the ability to get things done.<\/p>\n

\n
\n
First year after investment<\/span>Visualization<\/span><\/span><\/span><\/dt>\n
Refine the monthly financial data preparation and identify and share the key performance indicators (KPI).<\/dd>\n<\/dl>\n
\n
Second year after investment<\/span>Thinking<\/span><\/span><\/span><\/dt>\n
Execute a PDCA cycle company-wide based on the KPI and bring the company to a level where it can analyze factors for success and failure and make proposals for improvement.<\/dd>\n<\/dl>\n
\n
Third year after investment<\/span>Ability to get things done<\/span><\/span><\/span><\/dt>\n
Actually execute the improvement proposals and new businesses based on the PDCA cycle and bring the company to a level where efforts can be tied into results.<\/dd>\n<\/dl>\n<\/div>\n

Approach to Improving Management<\/h2>\n

Provide support for developing a robust management structure that withstand an IPO (or listing)<\/p>\n

\"\"<\/p>\n

Management structure satisfying IPO criteria (1)<\/h2>\n

\u201cVisualization\u201d = Ascertaining numerical information for correct understanding of current situation<\/h3>\n

Show information and data necessary for business management in numerical form and create a system for correct understanding of the current situation related to business results<\/p>\n

\n
\n
System for preparation
\nof financial data<\/dt>\n
\n
    \n
  1. Detailed and timely preparation of financial data<\/li>\n<\/ol>\n<\/dd>\n<\/dl>\n
    \n
    Management
    \naccounting system<\/dt>\n
    \n
      \n
    1. Ascertaining of granular profit and loss structure necessary for business management and KPI*1<\/li>\n<\/ol>\n<\/dd>\n<\/dl>\n
      \n
      IT infrastructure<\/dt>\n
      \n
        \n
      1. Non-manual consolidation and output of information and data<\/li>\n<\/ol>\n<\/dd>\n<\/dl>\n<\/div>\n

        (*1) KPI: Key performance indicators<\/p>\n

        What is necessary for \u201cVisualization\u201d<\/h3>\n
        \n
        \n
        System for preparation
        \nof financial data<\/dt>\n
        \n
          \n
        1. Establishment of system for preparation of financial data (monthly, quarterly and annual)\n