Japan M&A transactions have been on the rise. Since 2014, the number of outbound M&A (Merger & Acquisition) transactions from Japan increased by 58% to reach a total of 720 deals in 2019 with Asahi Group’s acquisition of Australian drinks giant Anheuser-Busch Inbev SA/NV topping the list at a value of $11.3 billion USD. 40% of the top ten outbound deals were made with European companies.
As for inbound transactions, only one of the highest ranking deals was made by a European company (Sandoz International GmbH’s acquisition of Aspen Japan KK at a value of $441 million USD), with the key companies being Japan’s Softbank and South Korea’s NAVER Corporation who increased their existing 73% stake in LINE Corporation to a complete acquisition at a value of $3.4 billion USD in December 2019.
This week, we were fortunate to have the chance to speak with Akio Fujii, a longstanding specialist in working on Japan M&A, both between Japanese companies as well as between Japanese and global companies. He kindly agreed to give us the low-down on his key professional endeavours, experiences in the M&A world, and some advice for foreign businesses looking to do deals in Japan.
Check out his latest article over on LinkedIn entitled ‘What it Takes to Change Japan’.Read more “Interview with Akio Fujii, Japan M&A Specialist”