Tag - mergers

 
 

MERGERS

Honda CEO Toshihiro Mibe at the Japan Mobility Show 2023 at Tokyo Big Sight in October 2023.
BUSINESS / Companies
Dec 21, 2024
Honda and Nissan consider mutual production of vehicles, report says
The report added that Honda will also consider supplying hybrid vehicles to Nissan as part of the potential merger, without mentioning the source of the information.
Foxconn’s pause in its pursuit of Nissan is the latest development in the unexpected emergence of two suitors for the ailing Japanese carmaker.
BUSINESS / Companies
Dec 20, 2024
Foxconn's interest in Nissan said to be on hold amid Honda merger talks
Foxconn’s pause is the latest development in the unexpected emergence of two suitors for the ailing Japanese carmaker.
Nissan and Honda may be nearing a merger to address Nissan's struggles, forming a second major hub in Japan's auto industry to rival Toyota.
COMMENTARY / Japan
Dec 19, 2024
A Honda-Nissan merger is a slow-moving savior
Nissan is struggling — burning through cash and with billions of dollars of debt due in a little over a year.
Nissan President and CEO Makoto Uchida (left) and Honda President and CEO Toshihiro Mibe hold a news conference in Tokyo in March. Both automakers have been working together for months on a deal of some sort.
BUSINESS / Companies
Dec 18, 2024
Honda and Nissan might combine to form world’s No. 3 auto group
Mitsubishi, which has been working closely with Nissan since 2016, also might join the grouping.
Makoto Uchida (left), chief executive officer of Nissan Motor, and Toshihiro Mibe, chief executive officer of Honda Motor, attend a joint news conference in Tokyo in August.
BUSINESS / Companies
Dec 18, 2024
Nissan and Honda consider merger to take on world's biggest carmaker
Such a deal would create an automotive rival to Toyota and would effectively consolidate the Japanese auto industry into two camps.
Hiroyuki Fukuda is due to become the new president of Nippon Television Holdings in April.
BUSINESS / Companies
Nov 30, 2024
Four Nippon TV affiliates to integrate management in April
The aim of the merger is to stabilize their business base and address the increasingly tough business environment resulting from media diversification.
Masahide Endo, chief consultant at Daiwa Institute of Research noted that Alimentation Couche-Tard's bid for Seven & I Holdings had spawned a sense of crisis in other industries over sudden takeover proposals.
BUSINESS / Economy
Nov 18, 2024
Japanese companies increasingly targeted in foreign M&A bids
The total value of inbound acquisitions from overseas is up about 3.7 times year on year.
A factory in Kakamigahara, Gifu Prefecture. Even among profitable small and medium-sized enterprises, it is not uncommon for business owners to shut down due to aging and a lack of successors.
BUSINESS / Companies / FOCUS
Nov 16, 2024
Japan issues warning over bad-faith buyers in small business M&As
As M&As gain attention as a viable option for business succession, measures are being introduced to raise awareness and safeguard companies.
There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors looking for merger and acquisition deals.
COMMENTARY / Japan
Nov 15, 2024
Japan's newfound love of M&A makes for strange bedfellows
There is a broad shift in Japan’s business environment, where long-standing relationships are being challenged by foreign and activist investors.
U.S. President Joe Biden disembarks from Air Force One upon arrival at Dover Air Force Base in Dover, Delaware, on Friday.
BUSINESS / Companies
Sep 28, 2024
Biden still opposes Nippon Steel deal's bid for U.S. Steel
The remarks threw cold water on hopes by deal supporters that the proposed tie-up could get a green light from a key review committee.
Former Defense Minister Shigeru Ishiba attends a news conference in Tokyo on Friday, ahead of the Liberal Democratic Party leadership election.
BUSINESS / Companies
Sep 7, 2024
U.S. opposition to Nippon Steel deal 'very unsettling,' PM hopeful Ishiba says
Some experts say blocking the deal could undermine U.S.-Japan cooperation on national security, and put the lie to the notion of "ally shoring."
A water tower at a U.S. Steel mill in Braddock, Pennsylvania, on Wednesday
BUSINESS / Companies / ANALYSIS
Sep 7, 2024
Nippon Steel's U.S. setback a wake-up for Japan Inc.'s foreign forays
Buyers and sellers of assets were taking more time analyzing political trends and scrutinizing whether a target is in an industry that might trigger intervention.
A 7-Eleven convenience store, operated by Seven & i Holdings Co., at the company's headquarters in Tokyo
BUSINESS / Companies
Aug 31, 2024
Couche-Tard seeks pension fund backing for Seven & I bid
The retailer is reaching out to some of Canada’s largest pension funds to gauge their interest in providing equity, sources said.
Former U.S. Secretary of State Mike Pompeo speaks during the last day of the 2024 Republican National Convention on Thursday in Milwaukee, Wisconsin.
BUSINESS / Companies
Jul 20, 2024
Nippon Steel hires Mike Pompeo to help clinch purchase of U.S. Steel
Pompeo, who served as the U.S.’ top diplomat under Donald Trump, will be an adviser to the Japanese company for its $14.1 billion purchase.
Bain Capital partner Masashi Suekane during an interview last month
BUSINESS / Markets
Jul 5, 2024
Bain Capital to invest ¥5 trillion in Japan over five years
Bain Capital plans to increase its workforce in Japan and has established a team to help firms make effective use of their real estate with low profitability.
Lufthansa planes in Frankfurt on March 7
BUSINESS
Jul 4, 2024
EU's airline deal demands fuel doubts over further attempts
While the deal expands Lufthansa's footprint in southern Europe, the combined group will have to cede some routes and slots to rivals for it to proceed.
Masahiko Kato, president and chief executive officer of Mizuho Bank
BUSINESS / Companies
Jul 3, 2024
Mizuho seeks to back more strategic deals by Japan’s mid-caps
Though companies such as automakers grab the attention of global investors, smaller firms dominate in terms of the number of companies in Japan.
Mizuho Financial Group is hiring more bankers to capitalize on its recent acquisition of Greenhill.
BUSINESS / Companies
Jun 25, 2024
Mizuho hiring bankers for U.S. expansion after Greenhill takeover
Mizuho Financial Group is hiring more bankers to capitalize on its recent acquisition of Greenhill.
The city of Fukuoka. The government plans to draw up guidelines for supporting midsize companies, many of which have headquarters outside big cities and are expected to play key roles in boosting regional economies.
BUSINESS / Companies
Jun 17, 2024
Japan to compile guidelines on supporting midsize firms
The guidelines will specify how support should be provided to such companies based on their management conditions.
Paper producers Hokuetsu and Daio Paper are forging a strategic business tie-up to survive.
BUSINESS / Companies
May 19, 2024
Hokuetsu and Daio Paper opt to forge tie-up
With shareholders skeptical, the former rivals must prove it will be a mutually beneficial partnership.

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