Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • November 1988 (Revised September 1991)
  • Case
  • HBS Case Collection

Simmons Japan Ltd.

By: W. Carl Kester and Richard P. Melnick
  • Format:Print
  • | Language:English
  • | Pages:14
ShareBar

Abstract

Concerns the first leveraged buyout to occur in Japan. Analytic tasks include a valuation of the company and an assessment of its debt capacity. Also provides opportunities to discuss agency costs associated with alternative capital and equity ownership structures, differences between U.S. and Japanese corporate finance practices, and the potential role of leveraged buyouts in the restructuring of Japanese manufacturing.

Keywords

Leveraged Buyouts; Restructuring; Borrowing and Debt; Capital Structure; Cost; Equity; Production; Valuation; Japan; United States

Citation

Kester, W. Carl, and Richard P. Melnick. "Simmons Japan Ltd." Harvard Business School Case 289-001, November 1988. (Revised September 1991.)
  • Educators
  • Purchase

About The Author

W. Carl Kester

Finance
→More Publications

More from the Authors

    • November 2019
    • Faculty Research

    Apple, Einhorn, and iPrefs (Abridged)

    By: Carliss Y. Baldwin and W. Carl Kester
    • January 2018 (Revised January 2019)
    • Faculty Research

    Capital Allocation at HCA

    By: W. Carl Kester and Emily R. McComb
    • January 2018 (Revised April 2021)
    • Faculty Research

    Capital Allocation at HCA

    By: W. Carl Kester and Emily R. McComb
More from the Authors
  • Apple, Einhorn, and iPrefs (Abridged) By: Carliss Y. Baldwin and W. Carl Kester
  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College