Latest Trends in Cross-Border Mergers and Acquisitions in Japan: Have They Been Globalized?

This is the authors' abstract. We don't add key points for this paper.

This paper explores contemporary trends in cross-border M&As in Japan and examines whether they have truly become globalized. The key findings are as follows. Firstly, we reveal that cross-border M&A transactions where Japan is the buyer have recently decreased. Secondly, cross-border M&A transactions, in which foreign companies are the buyers, have increased. Thirdly, M&A transactions between domestic Japanese companies have also clearly increased. Consequently, we can conclude that overall, cross-border M&A activity in Japan may be becoming less globalized.