drew.freyman@nokia.com wrote:
>
> What companies have gone public and done well? My look at the space has
> shown that the post-IPO equity performance is dismal and the revenue growth
> is flat. If you know of any ventures in the Japanese mobile carrier food
> chain that have retained their values and continue significant revenue
> growth please let me know.
Drew,
Yes, Drew, from our work we know companies in Japan's mobile field with
consistent sales & revenue growth.
One particular company which I know quite well for some time
in the mobile field has had sales and gross revenue growth all
of the last 5 years. They had a net profit increase of more than 200%
(i.e. their net profit tripled) from last year to this year. I sat
next to the CEO of this company for all of a 2-day conference recently with
55 CEOs, VPs, Chairmen of major Japanese and US corporations, as well
as several start-ups such as the one above, and Eurotechnology Japan K. K.
Topic of the conference was about transformation of Japan's industry,
changing conditions to make things easier for start-ups, reform of
IP managment and IP protection and development, etc. and also similar
questions as you are addressing here.
It was actually quite interesting. One of the CEOs of a start-up was
screaming at a very senior MITI/METI official in very strong language
and pretty high voice. Afterwards over dinner one of the MITI/METI
officials sat down with me - he was very worried what impression it
would leave with me as a foreigner, to have a Japanese CEO attack one
of their senior government officials in this way. I replied to him
that this is democracy in action, and it was reassuring for me to
observe directly that Japan is a democratic country.
The reason we have this type of involvement and know-how in Japan,
is because of our 17 years profound involvement in Japan's high-tech
world.
Share price is another matter. You know that share prices of high-tech
companies world-wide including the share price of Nokia has dropped
dramatically. Some companies in Japan's mobile sector have reasonably
stable share prices despite the global high-tech drop. Of course quiet
a few are privately held an not public.
Gerhard Fasol
http://www.eurotechnology.com/
>
> Gerhard Fasol wrote:
> > Actually, some companies in the mobile food chain
> > in Japan recently went public and are doing rather well - so
> > well that they are talking to us to expand to Europe and US.
> >
> > We recently have a pretty large number of US and European
> > companies coming to us to help them build a participation here in
> > Japan's mobile internet markets. Some of these recently
> > changed their names from something like:
> >
> > old-name: WAP-fantastic
> > new name: i-fantastic
> >
> > I guess maybe the truth is somewhere in the middle...
>
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Received on Wed Sep 19 07:36:56 2001