
A record $350 billion in transaction volume boosts optimism for Japan's M&A market outlook
As December draws to a close, the trading volume involving Japanese companies has approached USD 350 billion, setting a new historical high. Corporate governance reforms are transforming Japan into an active "hive." Major conglomerates are shedding non-core assets, while private equity firms (PE) are eager to deploy capital. Japan is experiencing a wave of mergers and acquisitions. Typical cases include: Mitsubishi UFJ Financial Group (MUFG) acquiring a 20% stake in India's Shriram Finance, and Nippon Telegraph and Telephone Corporation (NTT) acquiring NTT Data Group for over USD 16 billion

