Japanese Takeovers Reach Record High in 2022 – Nikkei

January 4, 2023

Mergers and acquisitions involving Japanese companies were the highest recorded last year since data was first tracked in 1985

The weak global outlook led to subdued manufacturing PMI in Japan in January, in data released on Tuesday, but the services sector and composite data were both up from December. — Chinese have emerged as the main buyers of Tokyo apartments costing $3 million or more, and they often pay with suitcases of cash, one real estate executive was quoted as saying. This image shows people walking through Ameyoko shopping district in Tokyo, in May 2022 (Reuters).

Japanese business takeovers reached a record high last year, bucking the trend of economic decline worldwide, Nikkei Asia reported.

Data from Japanese consulting firm Recof found there were 4,304 mergers and acquisitions involving Japanese companies in 2022, said the report, the highest recorded since it began tracking the data in 1985.

Read the full report: Nikkei Asia

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Tags: Japan US-Japan

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

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