…does not even mention Aderans Research Institute or their hair regeneration research activities.
Are there no HM sales anticipated through 2011 ?
http://www.aderans.co.jp/e/company/investors/images/pdf/m_manage1.pdf
Aderans Maps New Biz Program to Fend Off U.S. Fund
Tokyo, Apr 17, 2008 (Jiji Press) - Major wig maker Aderans Holdings Co. <8170> on Thursday announced a new medium-term business program in an apparent bid to fend off pressure from U.S. investment fund Steel Partners Japan Strategic Fund (Offshore) LP.
In the program covering the three years to February 2011, Aderans said that it aims to achieve 11.1 billion yen in group operating profit in the final year, nearly triple the 4,066 million yen reported for the year that ended in February this year.
Its sales target has been set at 90 billion yen, up from 74,998 million yen.
The company intends to attain the targets by beefing up its wig and hair transplanting businesses in the domestic market.
Aderans also plans to increase the number of outside board directors from the current two in order to improve business transparency, the firm said.
In February, Steel Partners, the top Aderans shareholder with a 26 pct stake, called on the company to revamp its management through the resignation of President Takayoshi Okamoto and other executives. The fund also called on the company to look for a business integration partner.
Aderans has decided to reject the proposals.
A public relations official at Aderans said that implementing the new three-year business program will help raise the company’s corporate value, signaling the firm’s hope to win Steel Partners’ approval of the program.
http://www.japancorp.net/Article.Asp?Art_ID=17768
Is Aderans HM dead ?
Are they burying the technology to make Aderans a less attractive take-over target by US Steel Partners?
» Aderans Maps New Biz Program to Fend Off U.S. Fund
»
» Tokyo, Apr 17, 2008 (Jiji Press) - Major wig maker Aderans Holdings Co.
» <8170> on Thursday announced a new medium-term business program in an
» apparent bid to fend off pressure from U.S. investment fund Steel Partners
» Japan Strategic Fund (Offshore) LP.
»
» In the program covering the three years to February 2011, Aderans said
» that it aims to achieve 11.1 billion yen in group operating profit in the
» final year, nearly triple the 4,066 million yen reported for the year that
» ended in February this year.
»
» Its sales target has been set at 90 billion yen, up from 74,998 million
» yen.
»
» The company intends to attain the targets by beefing up its wig and hair
» transplanting businesses in the domestic market.
»
» Aderans also plans to increase the number of outside board directors from
» the current two in order to improve business transparency, the firm said.
»
» In February, Steel Partners, the top Aderans shareholder with a 26 pct
» stake, called on the company to revamp its management through the
» resignation of President Takayoshi Okamoto and other executives. The fund
» also called on the company to look for a business integration partner.
»
» Aderans has decided to reject the proposals.
»
» A public relations official at Aderans said that implementing the new
» three-year business program will help raise the company’s corporate value,
» signaling the firm’s hope to win Steel Partners’ approval of the program.
»
» JCN Newswire | Asia Press Release Distribution
»
»
» --------------------------------------------------------
»
» Is Aderans HM dead ?
»
» Are they burying the technology to make Aderans a less attractive
» take-over target by US Steel Partners?
F uck it the whole technology is dead. Time to move on. If Follica doesnt solve our problem well… might as well kill this forum.
Looks like all our eggs are now in Follica.
Mostly true, but not entirely yet.
I still think that Acell stuff is being under-researched. If there is any way on earth (Follica or otherwise) to regrow/strengthen any hairs just from dermabrasion or woundings, then I don’t see why Acell would not do it as well as Follica is hoping for.
And ICX isn’t dead yet.
I agree it isn’t shaping up to be what we wanted. But the fact is that even just getting a couple thousand thickened hairs out of the deal would be a MAJOR benefit to our plight. (That’s about all the additional gains that FUE has ever offered to the total harvestable HT grafts. But we consider FUE to be a huge landmark improvement over the pre-FUE situation, don’t we?)
http://www.aderansresearch.com/ari_whatwedo_moa.html
Thats a new vid to me. At least they aren’t dead over there despite the fact that they will tell you nothing when you email them asking if they have done a phase one trial yet, etc.
Is Mark Knopfler that guy on the video?
I didn’t know he was doing HM research.
that video is incredibly old.
.
» that video is incredibly old.
Indeed, Mark Knopfler is much older now.
How can Kurt Stenn be both a part of Aderans Research Institute as well as Follica?
Have either Tom Barrows or Kurt Stenn actually left the employ of ARI?
If Hairsite is reading this, why have you not been able to get an updated interview from Dr. Washenik in several years? Has he denied your requests?
» How can Kurt Stenn be both a part of Aderans Research Institute as well as
» Follica?
They might not be able to clone hair, but people:-)