TOKYO — Mergers and acquisitions in Japan are likely to buck the sluggish global trend, according to advisors who expect dealmakers to zero in on Japanese companies’ relatively low valuations, their upside potential and the country’s increased openness to M&A.
Outbound deals are also expected to grow, as companies scramble to respond to the global protectionist tide by acquiring local production footprints, as seen in Nippon Steel’s 2023 deal to acquire U.S. Steel.
