Japan Today: As Domestic Options Wane, Japan Turns to US Acquisitions

April 14, 2019

Japanese companies continued their brisk M&A activity in 2018, with more deals coming to a successful close. Analysts say the trend may continue, despite a potential global economic downturn.

Scott Sugino, vice-chair of the American Chamber of Commerce in Japan Foreign Direct Investment Committee and partner at O’Melveny, attributed this phenomenon in part to the “relative decline of Chinese buyers.”

“That decline is due to both Chinese restrictions on getting currency out of China and increased regulatory scrutiny of Chinese buyers in the United States, which has opened the door for Japan to win deals they were previously losing to Chinese buyers,” Sugino said.

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