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Japanese companies’ foreign acquisitions hit record $80.4 billion

| Economy & Markets | 11/10/2015

Japanese companies' foreign acquisitions hit record $80.4 bil

Japanese companies’ foreign acquisitions hit record 10 trillion yen
Date: Nov 10, 2015
Source: Nikkei

TOKYO — Japanese companies increasingly are snapping up foreign businesses, setting their sights abroad as the home market grays.

Overseas mergers and acquisitions by Japanese enterprises topped 10 trillion yen ($80.4 billion) for the first time as of Monday, Tokyo-based M&A adviser Recof said. The year-to-date figure already exceeds the 5.78 trillion yen for all of 2014 by more than 70% and beats the 8.6 trillion yen record set in 2006.

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