- Business Revival
- M&A Restructuring
- Tax Sevice
- Tax Reporting Services
- Tax Consulting Services
- Payroll Tax Accounting
- Business Succession
- Entertainment Business Consulting
- International Services
- SPC Formation
Vigorous support of prompt, bold and flexible rehabilitation of corporate enterprises.
The effects of the prolonged deflationary period during the 1990s coupled with the earlier ¡Èbubble¡É-era burdens of excessive debt accumulation and capital-investment outlays led to structural problems in Japanese industry. Japan¡Çs economy overall also slumped. Therefore it is urgent nowadays that companies weighed down with excessive debt and capital investments confront the challenge of revival. They must increase their value by shedding unprofitable parts of their operations and improving competitiveness. The accounting and tax specialists of Sakura & Co. will support the presentation and execution of a prompt, bold and flexible prescription for revival. Our ¡Èinsolvency services¡É professionals will help to develop a rehabilitation plan as well as verify progress in meeting the goals of the plan.
- ¢¡ Corporate rehabilitation law
- ¢¡ Civil rehabilitation law
- ¢¡ Corporate consolidation under Commercial Code
- ¢¡ Special arbitration procedures
- ¢¡ Private recovery plan
- ¢¡ Corporate rehabilitation law
- ¢¡ Civil rehabilitation law
- ¢¡ Corporate consolidation under Commercial Code
- ¢¡ Special arbitration procedures
- ¢¡ Private recovery plan
- ¢¡ Oversight panel assistance under the civil rehabilitation law and the corporate rehabilitation law
Facilitating domestic and international mergers, acquisitions and business tie-ups in concert with our colleagues around the world.
Global M&A traditionally has involved Japanese companies seeking acquisition and capital-participation opportunities with partners overseas. In addition to this activity today, an increasing number of overseas enterprises are initiating capital and business tie-ups with Japanese companies. Within Japan also, M&A activity is on the rise. These M&A transactions cannot be expected to go smoothly without effective professional support that will respond swiftly to changing circumstances. The accounting, tax, and property appraisal specialists at Sakura & Co. will tailor their services to the needs of the client with regard to attendant M&A tax and accounting problems, the acquisition or sale of a business, or the form of transaction suitable, say, for spinning off a business division. This is how we fulfill our No.1 priority ? which is to maximize value for clients. Our own information network within Japan, coupled with that of Horwath International, enables us to facilitate global M&A activity in cooperation with groups of specialists around the world. We also provide comprehensive support for rationalizing management structure, upgrading administration, developing a capital-funds policy, and taking company stock public.
- ¢¡ Planning
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¡¦ Study of optimum transaction structures (proposals for merger, business transfer, breakup, etc.)
¡¦ Accounting and tax advice
¡¦ Support of document preparation
¡¦ Disclosure advice
- ¢¡ Financial Research
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¡¦ Due diligence review of target company
¡¦ Business analysis/improvement recommendations
¡¦ Investment analysis
- ¢¡ Enterprise Appraisal
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¡¦ Stock valuation
¡¦ Calculation of merger, stock-exchange and other ratios
¡¦ Valuation of businesses involved in pending transactions
- ¢¡ Preparation for Going Public
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¡¦ Feasibility research
¡¦ Review of conditions and objectives
- ¢¡ Support Services for Stock Offerings
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¡¦ Development/maintenance of management and accounting systems and accounting procedures
¡¦ Upgrade of internal control operations
¡¦ Drafting of IPO provisions
- ¢¡ Other Consulting Work
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¡¦ Introduction of pay and annual salary systems
¡¦ Establishment of public service corporations
Full support for clients -- from general tax reporting and tax consultation to advice on business succession measures.
Sakura & Co. believes that clients demand, most of all, reliability and promptness from their tax-accounting agents. Therefore, we stay current on legislative revisions that may impact taxation procedures, developing an understanding of the legal texts involved through our many contacts, including at the National Tax Administration Agency. We then work out plans to minimize tax risks for clients. Meanwhile, we stay on top of the day-to-day paperwork needed to make the necessary filings with government agencies, on time and with confidence. We want our clients to have peace of mind with the results of our efforts. Besides dealing with tax risks accrued from past and current investments and activities, we tackle proposals for hedging future anticipated risks in advance. That¡Çs because we view our tax services as a form of ¡Ètax protection¡É tasked with implementing immediate precautions.
- ¢¡ Bookkeeping agency, closing statement preparation, tax withholding, administrative labor
- ¢¡ Tax agency for corporations and individuals
- ¢¡ International tax services
- ¢¡ Tax-related assistance in general
- ¢¡ Structured financing and real estate securitization
- ¢¡ Establishment of public service corporations
- ¢¡ Mergers and acquisitions
- ¢¡ Enterprise revival and bankruptcy
- ¢¡ Public stock offerings
- ¢¡ Labor affairs
- ¢¡ Payroll settlements
- ¢¡ Payroll deposits
- ¢¡ Agency for all social insurance plans
- ¢¡ Inheritance measures
- ¢¡ Stock evaluations
- ¢¡ Review, evaluation and recommendation of business succession, inheritance plans
- ¢¡ Consultation on overseas business succession
As part of its general tax-accounting services, Sakura & Co. has stepped up its consulting in the entertainment world. Staff members with broad experience in tax matters and a familiarity with the practices of the sports and show business fields are ready to provide optimal solutions for companies and individuals.
- ¢¡ Show Business
- ¡¦Talent agencies
- ¡¦Personality management
- ¡¦Event production companies
- ¡¦Copyright management
- ¡¦Image publication rights management
- ¡¦Recording companies
- ¡¦Film distribution
- ¢¡ Sports Management
- ¡¦Professional players
- ¡¦Professional sports management
The globalization of the financial environment continues as entrepreneurs expand business lines overseas, corporations become multinational and individuals move to other countries. To help us cope with the shifts in this environment, we have affiliated ourselves with the world-class accounting firm Horwath International. When clients set up operations overseas and make foreign investments, we provide them with high-quality international services through our close contacts with specialists located in Horwath¡Çs many local offices abroad. We provide:
- ¢¡ Research on the tax systems and the laws and regulations of other countries
- ¢¡ Consulting on tax matters overseas
¡ÚAbout Horwath International¡Û
Crowe Horwath International is ranked among the top 10 global accounting networks with more than 150 independent accounting and advisory services firms in over 100 countries around the world. Crowe Horwath International¡Çs member firms are committed to impeccable quality service, highly integrated service delivery processes and a common set of core values that guide decisions daily. Each firm is well-established as a leader in its national business community and is staffed by nationals, thereby providing a knowledge of local laws and customs which is important to clients undertaking new ventures or expanding into other countries. Crowe Horwath International member firms are known for their personal service to privately and publicly held businesses in all sectors and have built an international reputation in the areas of audit, tax and advisory services.
Representing the upper crust of consulting expertise in Japan, we answer the need for structure in the expanding market of asset liquidation and securitization.
The market for asset liquidation and securitization has taken off in the past few years. Sakura & Co. is in the vanguard of accounting firms that have developed this market in Japan. We are proud of the number of consulting projects we have undertaken that have led to the successful formation of special purpose company (SPC) structures. The application of this new line of financial services addresses investors¡Ç demands for safe, profitable operations while assisting businesses in the liquidation of high-quality assets. Objectives may include the diversification of funds procurement as well as the creation of off-balance-sheet vehicles. We provide total client support in accounting, taxes and property appraisal with regard to asset liquidation and securitization. We tackle the tough issues head-on to meet the client¡Çs needs.
- ¢¡ Consultation on vehicle formation
- ¢¡ Tax consulting for SPCs
- Tax Strategy in TK
- Tax Strategy in TMK
- ¢¡ Consulting on accounting procedures
Please contact us as brochure of tax strategy for TK and TMK are available.
We will send you by return.
- ¢¡ Accounting/tax opinions
- ¢¡ Comfort letters
- ¢¡ Fairness opinions
Sensitive to the slightest changes in management trends and conditions, our service line delivers optimal solutions.
Sakura & Co. is proud of its top-class performance in asset liquidation and securitization projects. Many years of audits, tax services and M&A achievements have added to our reputation as one of the leading accounting firms in Japan. Our business expertise extends into a number of fields. Our real estate appraisal specialists serve a wide range of clients ? from financial institutions to public assessment bodies. We actively participate in large-scale urban redevelopment projects while providing tax and other services for overseas enterprises. We publish books, hold seminars and lectures, contribute magazine articles, and conduct research aimed at advancing the skills of the industry. The breadth of our involvement is huge, indeed.
We surpass the conventional expectations of what appraisers do by providing a comprehensive service package during the respective stages of acquiring, holding and transferring real estate. Vigorous professional support is our standard:
- ¢¡ Calculation of reasonable values in property deals between family members, between affiliated companies, and between, say, a corporation president and the corporation.
- ¢¡ Valuation of fixed assets to be traded and business-use assets to be replaced.
- ¢¡ Assessments of vacant property value at the time leasing rights are established.
- ¢¡ Appraisals of inheritance property whose estimated value varies significantly from actual cash value as well as valuations to ensure fair distribution of inheritance property.
- ¢¡ Property valuations in cases where objections to government tax assessments have been filed.
- ¢¡ Assessment of property listed in lawsuits (including lease, tenant rights) and calculation of property rent, rental and renewal fees, name-transfer fees, eviction fees, etc.
- ¢¡ Appraisal of M&A assets.
- ¢¡ Asset valuation for companies undergoing liquidation or reorganization.
- ¢¡ Appraisals of in-kind investments in companies that are forming or increasing their capitalization.
International business affairs are handled through our tie-up with Horwath International.
- ¢¡ Issuance of appraisal and consulting reports in English.
- ¢¡ Advice on property in Japan to overseas investors.
- ¢¡ Advice on overseas property to investors in Japan.
This is where in-depth experience comes to the fore.
- ¢¡ Valuation of special assets related to securitization, including monetary claims, real estate and trust beneficiary rights.
- ¢¡ Procedural proposals for securitizing property involving SPC use, and for arranging small-lot investment products linked to the utilization of real estate special joint projects (silent partnerships, etc.).
- ¢¡ Methods for treating bad debts.
- ¢¡ Valuation of enterprises involved in M&A.
- ¢¡ Adjustment of rights concerning jointly owned buildings.
- ¢¡ Real estate project structure planning.
- ¢¡ Market research and feasibility studies.
- ¢¡ Research of commercialization conditions in voluntary and legal redevelopment projects.
- ¢¡ Valuation of existing and future assets in urban redevelopment projects.
- ¢¡ Surface valuation of land readjustment projects.
- ¢¡ Advice on organizing real estate deals.
- ¢¡ Calculation of property holding and transaction costs, and cost-reduction recommendations.
- ¢¡ Research (¡Èdue diligence¡É) on real estate and related loans.
- ¢¡ Estimation of rent on profitable property.
- ¢¡ Pricing simulation by discounted cash flow (DCF) method.
- ¢¡ Investment analysis.
- ¢¡ Decision-making support on the sale, leaseback, best use, etc., of property.
- ¢¡ Advice on improving portfolios through asset rearrangement, including trades and property replacement.
- ¢¡ Best-use recommendations for under-utilized property.
For Chiyoda Ward, Tokyo, Sakura & Co. is in charge of:
- ¢¡ Official land-price announcements
- ¢¡ Land-price research
- ¢¡ Tax appraisals of fixed assets.
Urban redevelopment projects are under way as never before with the objective of realizing the highest use of land in urban districts and renewing city functions. The active participation of Sakura & Co.¡Çs accounting, tax service and appraisal specialists ensures that these projects proceed smoothly.
- ¢¡ Land and building appraisal
- ¢¡ Tax calculations in asset sales and purchases
- ¢¡ Calculation of compensation for buildings and manufactured items
