Midori Precisions Co., Ltd.

Investment timing: 2019/12
Exit timing: 2023/3
Deal type: Business Succession
Fund: AG II-b
Status: Exit

Investment Background

Midori Precisions is a manufacturer and distributor of analog displacement sensors (potentiometers), which are primarily responsible for detecting rotational angle, tilt angle, and linear position. It is a major player in this industry with particular strength in small-lot and custom products for industrial applications. Aspirant Group has invested in the company in response to the owner’s business succession needs with the theme of pursuing further growth.

Post-Investment Activities

Development of Infrastructure

• Development of an accounting management system
• Design/management of meeting structure
• Development of Corporate Infrastructure

Rationalization

• Improvement in Productivity – Reduction of order loss (Improvement of  productivity/capacity through manufacturing/sales collaboration)
• Improvement in Productivity – Cost reductions (Reduction of manufacturing man-hours/costs by reviewing manufacturing lots)
• Pricing Strategy (Implementation of appropriate pricing)
• Improvement in Cash Management​ (Improvement of the cash position through higher working capital efficiency)

Support for Growth

• Sales Support/Sales Channel Expansion, etc. (Establishment of a cross-functional sales structure by strengthening collaboration between sales, engineering, and manufacturing)
• Sales Support/Sales Channel Expansion, etc. (Strengthening of overseas sales)
• R&D/Capital Investment (Development of new fields (digital displacement sensor = encoder))