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Date of Investment: October 2002 |
| Representative MBO/LBO deal |
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Importing, wholesaling and retailing of CDs, videos, books, etc. (No. 1 music CD retailer in Japan) |
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Invest in a market leader with high brand awareness |
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Stable cash flow with growth potential |
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Experienced management with a strong track record |
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CCPJ acquired all shares of Tower Records Japan as well as the Tower Records trademark in Japan from its US parent, MTS, Inc., with the transaction debt financed by internationally syndicated banks. |
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Implemented performance-based incentive bonuses and stock options for management |
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Apr. 2004: Acquired WAVE, Parco’s CD retail company, as part of the build-up strategy |
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Oct. 2005: Established Napster Japan Inc., a digital music distribution joint venture |
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Nov. 2005: Entered into capital alliance with
NTT DoCoMo |
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:A new window will be opened.) |
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| *Post in investment date order |
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