Achievements
Mr. Okawa was seconded to Japan Marine Techno (currently WARTILA Japan) from TI Industries (British Investment Company) as CFO and worked on improvement in cost structure and other working practices thus contributed to the rise in profitability.
Mr. Okawa was seconded to Kyushu Industrial Transportation Holdings Co., Ltd. as vice president from Industrial Revitalization Corporation of Japan and succeeded in its turnaround (2003-2004)
An investment fund asked CDC to draw a turnaround plan for a company in which they invest. The fund succeeded to turnaround the company.
A company in Guam requested CDC to draw up a turnaround plan and asked CDC to act as agent for acquisition of a company in the same industry. CDC successfully concluded the stock purchase agreement.(2008)
CDC seconded Mr. Okawa to a company, as executive director, by the request of a creditor bank to execute the turnaround plan which included financial restructuring, cost reduction, expense reduction, etc. The company posted a profit in six months. (2008-2009)
A company (start-up company aiming at an IPO with annual sales of 660million Yen) runs an internet shopping site specializing in buying overseas goods. CDC gave advice on their capital policy, tax strategy, and ideas on business improvement. The company eventually succeeded in their IPO.
A company (private company with annual sales of 1,100million Yen) possesses buildings for hotels and offices and also engages in a real estate management business. Under the advice of CDC, the company established a captive subsidiary in the Federated States of Micronesia utilizing their low corporate tax rate of 21% and introduced captive insurance for earthquakes. CDC also carried out a survey on the Federated States of Micronesia’s political and economic situation.
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