As December comes to an end, the volume of transactions involving Japanese companies is now close to $350 billion, a record high. Corporate governance reforms are transforming Japan into an active “hive.” Major financial groups are divesting non-core assets, while private equity firms are rushing to deploy capital. Japan is experiencing a wave of mergers and acquisitions. Typical examples include Mitsubishi UFJ Financial Group's acquisition of 20% of India's Shriram Finance shares, and Nippon Telegraph and Telephone's acquisition of NTT Data Group at a price of over $16 billion.

As December comes to an end, the volume of transactions involving Japanese companies is now close to $350 billion, a record high. Corporate governance reforms are transforming Japan into an active “hive.” Major financial groups are divesting non-core assets, while private equity firms are rushing to deploy capital. Japan is experiencing a wave of mergers and acquisitions. Typical examples include Mitsubishi UFJ Financial Group's acquisition of 20% of India's Shriram Finance shares, and Nippon Telegraph and Telephone's acquisition of NTT Data Group at a price of over $16 billion.