Taro Ito
Projects & Achievements
Finance
Here, you will find the descriptions and the actual full report of the projects related to Finance. The available full reports may be accessed by clicking the tab located below the description

ISTAT-U
Provides an in-depth review of aircraft selection strategies, the legal and regulatory framework surrounding aviation, aircraft funding sources and risk management such as
airline credit risk assessment
fleet financing tools (commercial loans, operating and financial leases, tax leases, export credit, securitization, etc.)
aircraft valuation
the asset risk
residual value guaranties
state of the financing market and availability of financing tools
leasing companies (market dynamics, size and depth of market)
banking market (major players in aircraft financing, market evolution)
legal environment and tax considerations (repossession, bankruptcy law, and jurisdictional tax impact)
structure of a lease document; structure of a loan facility document; and risk management and insurance in airlines (what risks are covered, insurance markets, and jurisdictional considerations)

AIRLINE CREDIT ANALYSIS
Analyzed the credit worthiness of the Spirit Airlines using the KBRA method. The analysis consisted of business finance risk assessments which were compared to that of the JetBlue Airways, Allegiant Air, and Frontier Airlines to determine where Spirit Airlines stand against its competitors. Our team concluded the analysis with BB+ which was equivalent to the Fitch Ratings’ assessment (S&P gave BB-). This was very laborious project and all team members collaborated and worked very well to complete and produce an accurate assessment on time.

SNEAKER 2013
Analyzed the profitability of New Balance’s two feasible projects to determine the most financially promising decision. The two projects are called “Sneaker 2013” and “Persistence”. Each project was analyzed based on projected cash flow budget by assessing net present values (NPV), equivalent annual return, internal rate of return (IRR), payback period, and risk & sensitivity analysis.

RAGAN ENGINE STOCK ANALYSIS
Calculated the Ragan Engine’s stock value per share, Ragan Engine’s estimated stock price, industry average price-earning ratio, and Ragan Engine’s price-earning ratio from provided information. Also investigated how to increase the value of the stock without compromising managerial authority.