2021 Faculty Courses School of Environment and Society Department of Technology and Innovation Management Graduate major in Technology and Innovation Management

Corporate Finance II

Academic unit or major: Graduate major in Technology and Innovation Management
Instructor(s): Mitoshi Yamamoto
Class Format: Lecture
Media-enhanced courses: -
Day of week/Period (Classrooms): 11-12 Mon
Class: -
Course Code: TIM.A535
Number of credits: 100
Course offered: 2021
Offered quarter: 4Q
Syllabus updated: Jul 10, 2025
Language: Japanese

Syllabus

Course overview and goals

Explain meanings of corporate finance and its task or problem. In order to increase corporate value, I will explain finance and finance related matters. For the improvement of corporate value, how to manage companies would be main target from the point of corporate finance.
In 4Q, I will include crypt currency, ESG investment and M&A.

Course description and aims

１．Enjoy corporate finance
２．Learn about investment theory
３．Understand crypt currency, ESG investment and M&A

Keywords

Finance, Corporate Finance, Financial Statements, Investment Theory, M&A, Crypt currency, ESG, SDGs

Competencies

Specialist skills
Intercultural skills
Communication skills
Critical thinking skills
Practical and/or problem-solving skills

Class flow

I have 2 levels. Basic and advanced. First half is basic and second half is advanced. Communication between students is required. Contents may change according to students’ needs.

Course schedule/Objectives

	Course schedule	Objectives
Class 1	Capital Cost 1 How important 2 What is capital cost 3 Cost of owned capital and debt capital 4 Weighted Average Cost of Capital（WACC）	Understand capital cost with real figure
Class 2	Base of Investment 1 Dividend Cash Flow（DCF） 2 Net Present Value (NPV) 3 Internal Rate of Return (IRR) 4 Which is better	What is investment and how to create value
Class 3	Capital Structure 1 Base line of capital structure 2 MM theory 3 Leverage 4 Corporate tax!!	What is MM theory
Class 4	Dividend Policy 1 Proposition of MM theory 2 Real Worlds dividend	Learn about dividend
Class 5	Capital structure and Dividend 1 Capital Structure and Dividend 2 Agency Theory 3 Signal Effect	Learn capital structure with tax
Class 6	Current movement in corporate finance 1 Crypt asset 2 ESG investment and SDGs	Learn new movement in finance.
Class 7	Derivatives 1 Derivatives 2 Forward and Future 3 Option 4 Swap 5 Over All Summery	Understand derivatives and future

Study advice (preparation and review)

In 4Q, I will talk new movement of corporate finance. I hope those who come to the class learn by themselves new movement of corporate finance

Textbook(s)

None

Reference books, course materials, etc.

May give at classes

Evaluation methods and criteria

Understanding level of Corporate Finance would be evaluated
Report: 100%, Class participation may be evaluated

Related courses

Corporate Finance Ⅰ

Prerequisites

None

Contact information (e-mail and phone) Notice : Please replace from ”[at]” to ”@”(half-width character).

Mitoshi Yamamoto m.yamamoto[at]ccrcenter.jp

Office hours

Contact by e-mail in advance to schedule an appointment.