Japan Drilling Co., Ltd.
- Location: Taito-ku, Tokyo
- Industry: Business Services
- Business: Offshore drilling services for oil, natural gas, etc.
- URL: http://www.jdc.co.jp/en/
Investment timing: 2022/2
Deal type: Turnaround
Fund: AG III Series Funds
Investment Background / Post-Investment Activities
Japan Drilling Co., Ltd. is the only offshore drilling company in Japan and has contributed to society by playing a role in the stable supply of energy both domestically and internationally. The company was under the corporate reorganization process at the time, and Aspirant Group invested in the company as a sponsor under the corporate reorganization process, with the themes of stabilizing the management platform and bringing the corporate reorganization proceedings to an early conclusion.
Development of Infrastructure
- Development of an accounting management system
- Design/management of meeting structure
- Development of Corporate Infrastructure (Support for corporate management through secondment of a business trustee in order to conclude the corporate reorganization process)
- Improvement in Cash Management (Termination of corporate reorganization process through repayment of reorganization claims based on recovery of credit standing of the company)
Support for Growth
- R&D/Capital Investment (Establishment of new businesses, such as CCS, that contribute to reducing environmental impact)