Mergers and acquisitions that involved Japanese companies in 2022 increased 0.6 pct from the previous year to 4,304 deals, highest on record since 1985, according to a recent survey.
The rise reflected aggressive investments in the information technology field to promote digitalization and growing needs for business succession due to the aging of company owners.
Business succession deals, including Orix Corp.’s <8591> buyout of cosmetics maker DHC Corp., numbered 748, highest since the start of related data in 2007.
Fidelity Japan Trust PLC (LON:FJV) aims to be the key investment of choice for those seeking Japanese companies exposure. The Trust has a ‘growth at reasonable price’ (GARP) investment style and approach – which involves identifying companies whose growth prospects are being under-appreciated or are not fully recognised by other investors.