A classical example for Principal-Agent problem. Competitors are raising so much money for aggressive expansion. Yet, Camlin is jogging in a sprinting track. It is upto the Kokuyo Japan board to act. Now that the company has steadied its operations and the parent has gained full control, the time is apt to unlock the next level of growth potential (new products, marketing, channels, sales and distribution) to replicate the success in the Japan market.
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