Portfolio
IPO
Progress Technologies Group, Inc.
Company website
Category
Provider of one-stop services including consulting, solutions, projects, and engineering specializing in design and development.
Value-up Support
Strategy
Shifted to high-value-added solution business area
- Exploration of higher value-added business areas under new management structure
- Transition to a digital transformation consulting and solutions business for manufacturers' design and development departments
Sales & Marketing
Enhanced marketing by utilizing JAFCO's own network
- Held webinars for business firms (co-hosted with JAFCO)
- Introduced potential sales prospects
Strategy
Strengthend management and governance system in view of listing
- Planned audit & supervisory committee and established IPO framework
- Introduced holding company structure and adopted IFRS
BizDev
Started new business
- Established new business (digital twin business) using knowhow from existing business
Outcome
- Realized steady growth of top-line revenue and improved profitability
- Established corporate governance system as a public company