What buyers examine,and how we prepare you

Japanese buyers run thorough due diligence. Issues found early are fixed; issues found by the buyer cost you value.

Area
What buyers check
How we prepare you
Financials
Reliable statements, with business and personal expenses clearly separated
Normalize accounts and review earnings quality before going to market
Tax
Clean filing history and no hidden corporate, VAT or withholding tax liabilities
Pre-sale tax review with a practical remediation plan
Legal & Licenses
Valid licenses, a clear shareholding structure and enforceable contracts
Legal housekeeping and clarification of the shareholding structure
People
Labor law compliance and retention of key staff after the deal
Employment review and key-person retention planning
Customers & Owner
Limited customer concentration; a business that runs without the founder
A transition plan and a clear presentation of the customer base

04 The crossing

32 Tokyo Venture Capital The Owner’s Passage