In an opinion article in The Nikkei, Masahiro Odaka (小高 正裕) of KPMG FAS pointed out that, as with the approach of increasing value through M&A, the value of a business to be sold should also be enhanced in advance.
An opinion article in The Nikkei introduces the idea of “value creation,” under which companies increase enterprise value in M&A by strengthening earnings power after an acquisition.
However, even when a business is to be sold, a perspective focused on increasing its value before it is transferred to the next owner is considered essential. The article argues that companies should pursue value enhancement before deciding to sell, rather than beginning preparations only after the decision has been made.
The author, Masahiro Odaka (小高 正裕), is an executive officer and partner at KPMG FAS. He maintains that increasing a business's value is important as a prerequisite for the sale process.