Investment: Japonica was the largest and controlling shareholder.

UGLC Description: A diversified consumer and professional products UGLC holding company of dozens of autonomous business units, suffering from a loss of passion for innovation and performance, with once leading market shares and brand recognition in multiple channels of distribution.

Global Reach: This UGLC had number one or leading market shares in product categories throughout the world, with proprietary product strength in North America and Latin America, and niche product leadership in select markets in Europe and Japan; and dedicated supply chain partners in Asia, especially China. Approximately 10,000 employees.

“Perfectly Aligned” Relationships: Japonica built “perfectly aligned” relationships with its co-investors and other key relationships in all respects, including economics, structure, and governance. Japonica senior management who assumed positions at the UGLC received no equity compensation, transaction fees, or non-shareholder approved compensation.

Japonica Creating Value: Japonica management created value turning around this UGLC, assuming the Chairman/CEO and other senior executive positions, and changing its culture to become entrepreneurial.

Discovering Value: Japonica assembled a team of well over 100 entrepreneurs and niche specialists who worked for approximately 30 months discovering value gaps based on hidden nuggets of value and transformational business plans.