Product details

Japanese companies indulged in a number of cross-border acquisitions during the 80s and 90s, which was considered the bubble era. Many of the transactions were successful, whilst a number failed without reaching the final stage. Post 2010, organisations in Japan took another plunge and embarked on another cross-border acquisition spree which turned out to be successful. A number of favourable conditions such as an appreciating yen and a stagnant domestic market facilitated the success of these acquisitions. Not only established companies, but also newer organisations who were frustrated with the lack of growth in their home market, quietly made international forays. By realising the challenges in pursuing cross-border mergers and acquisitions, Japanese companies equipped themselves suitably to make these transactions work. Considering all of these, the present case study analyses whether Japanese companies will manage to overcome the pitfalls in cross-border acquisitions or will continue to be haunted by their past failures. It will also assess the strategies adopted by the companies to ensure that these transactions create value for the shareholders and provide momentum for the economy.