Press releases

Launch of CRO (Chief Restructuring Officer) Service

October 1, 2014

Deloitte Tohmatsu Financial Advisory Co., Ltd. (Chiyoda-ku, Tokyo, Managing Partner: Masami Nitta / DTFA)has launched the CRO (Chief Restructuring Officer) Service line from October 1, 2014 as part of its strategy to further support clients with the execution of business restructurings and reorganizations.

The CRO Service line can assist a company with a restructuring or reorganization by assigning a CRO to work with or for the company, to plan and execute restructuring strategies, manage debt restructuring, and negotiate with creditors to create solutions to the challenges the company is facing.

On October 1, 2014, DTFA acquired 100% ownership of Anchor Management Inc. (Minato-ku Tokyo, Managing Directors Hiroki Okimoto and Hironori Ishizaka) from its co-founders Hiroki Okimoto and Hironori Ishizaka, who are experienced business reorganization specialists and will continue providing professional restructuring support to clients while serving as interim executives. The company name has been changed to Deloitte Tohmatsu Anchor Management Co., Ltd. and in addition to providing business restructuring advisory services as part of the CRO Service line, the business will be able to provide a complete integrated service offering around restructurings and reorganizations by accessing Deloitte’s global network and broader Deloitte Touche Tohmatsu (Japan Group) with knowledge and resources in areas such as finance, governance, human resources, marketing, information systems, and real estate.
Deloitte Tohmatsu Anchor Management Co., Ltd. plans to hire approximately 20 professionals with deep restructuring experience over the next three years.

【Deloitte Tohmatsu Anchor Management Co., Ltd.】
Address: Shin Tokyo Building, 3-3-1 Marunouchi Chiyoda-ku, Tokyo, Japan
Date Established: October 25, 2013
Representatives: Managing Directors Hiroki Okimoto, Hironori Ishizaka and Tsutomu Kishi
Capital: ¥20,000,000 (after capital increase)
Scope of business: Business reorganization, Restructuring service, Financial advisory, Management consulting

【Deloitte Tohmatsu Financial Advisory Co., Ltd.】
Address: Shin Tokyo Building, 3-3-1 Marunouchi Chiyoda-ku, Tokyo, Japan
Date Established: June 27, 2001
Representative: Managing Partner Masami Nitta
Capital: ¥224,500,000
Scope of Business:
M&A Transaction Services / Corporate Financial Advisory Services / Financial Restructuring (Turnaround) / Performance Improvement and Monitoring / Business Restructuring / Valuation Services / Financial Accounting Valuation / Intellectual Property Advisory Services / Forensic & Dispute Services / Real Estate, Hospitality & Leisure Services / China-related Advisory Services / Infrastructure and Public Private Partnership (PPP) Advisory Services / Data Analytics

Contacts

Deloitte Tohmatsu Financial Advisory Co., Ltd.
Public Relations
+81 (3) 6213 1180
dtfa.koho@tohmatsu.co.jp

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Deloitte Touche Tohmatsu (Japan Group) is the name of the group consisting of member firms in Japan of Deloitte Touche Tohmatsu Limited (DTTL), a UK private company limited by guarantee, and Deloitte Touche Tohmatsu (Japan Group) provides services in Japan through Deloitte Touche Tohmatsu LLC, Deloitte Tohmatsu Consulting Co., Ltd., Deloitte Tohmatsu Financial Advisory Co., Ltd., Deloitte Tohmatsu Tax Co., and all of their respective subsidiaries and affiliates. Deloitte Touche Tohmatsu (Japan Group) is among the nation's leading professional services firms and each entity in Deloitte Touche Tohmatsu (Japan Group) provides services in accordance with applicable laws and regulations. The services include audit, tax, consulting, and financial advisory services which are delivered to many clients including multi-national enterprises and major Japanese business entities through nearly 7,600 professionals in almost 40 cities of Japan. For more information, please visit Deloitte Touche Tohmatsu (Japan Group)’s website at www.deloitte.com/jp.

Deloitte Tohmatsu Financial Advisory (DTFA) utilizes a one-stop approach to provide clients with strategic and transactional related services such as M&A advisory and due diligence, corporate restructuring, capital and debt financing, forensic investigations and valuation services. DTFA’s professionals possess broad M&A capabilities so that critical issues accompanying M&Atransactions can be identified and resolved. DTFA has approximately 500 financial advisors in Japan and works closely with other Deloitte member firms to leverage the deep intellectual capital of Deloitte professionals worldwide.

Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/jp/en/about/ for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

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