Business deals

Deals between Japanese companies led M&A growth in April-September. (Photo by Akitoshi Sugiura)
Business trends

Japan M&A deals hit record as companies consolidate at home

Construction, insurance acquisitions among biggest moves in April-September

30 October 2025
Thailand's Charoen Pokphand Foods is set to launch a joint venture with Japan's NH Foods in November.
Food & Beverage

CP Group, NH Foods to feed Thai appetite for Japanese food

Venture between ham company and Thai conglomerate targets SE Asia's rising middle class

30 October 2025
Toshiba's power semiconductor subsidiary will continue to source wafers from China's SICC even after ending a technical cooperation agreement.
Semiconductors

Toshiba scraps power semiconductor cooperation with Chinese wafer maker

Economic security considerations seen behind decision to end technology pact

30 October 2025
The deal paves the way for OpenAI to become a publicly traded company.
Artificial intelligence

Microsoft, OpenAI reach new deal valuing OpenAI at $500bn

ChatGPT maker would become public benefit corporation, allowing a listing

29 October 2025
The acquisition in California will give Taiheiyo Cement a total of 110 ready-mix concrete plants in the U.S. (Nikkei)
Business deals

Japan's Taiheiyo Cement to buy California concrete plants for $712m

Deal comes amid US boom in data center, other AI infrastructure construction

28 October 2025
U.S. Commerce Secretary Howard Lutnick and SoftBank Group CEO Masayoshi Son pose with an investment agreement in hand in a ceremony on Oct. 28 in Tokyo. (Photo by Shintaro Ino)
Business deals

SoftBank, Toshiba, Hitachi among firms tipped to make $400bn in US deals

At least 21 potential projects mentioned, from energy and AI to critical minerals

28 October 2025
Sony is focused on growth markets like anime, CEO Hiroki Totoki says. (Photo by Rei Nakafuji)
Media & Entertainment

Sony Group has no desire to buy Warner Bros. Discovery, CEO says

Sony Pictures Entertainment can succeed without pursuing scale alone: Totoki

27 October 2025
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Feb. 3.
Business deals

SoftBank approves remaining $22.5bn OpenAI investment: report

Installment to come as long as OpenAI completes corporate restructuring

26 October 2025
Palliser Chief Investment Officer James Smith said his firm is "actively engaging" with Taiheiyo Cement management on boosting the payout ratio. (Photo by Daichi Mishima)
Business deals

Activist investor Palliser acquires 3% stake in Japan's Taiheiyo Cement

UK firm proposes cement company explore spinoff of US business

22 October 2025
Yageo Chairman Pierre Chen, left, and Shibaura Electronics President Akira Kasai held a news conference on Oct. 21 in Tokyo to discuss Yageo's acquisition of Shibaura. (Photo by Seiko Ota)
Business deals

Yageo seeks growth in AI era with Shibaura acquisition

Taiwanese company's chairman sees 'important role' for temperature sensors

22 October 2025
The completion of Orix's support for business succession at Fair Field Shipping is a milestone toward becoming a maritime M&A broker. (Source photos obtained by Nikkei)
Business deals

Japan's Orix to help broker maritime and shipbuilding M&A

Financial services group to tap sales network in business succession support

22 October 2025
Yageo has completed its tender offer for Shibaura Electronics. (Photo by Yoshika Kaku)
Business deals

Yageo completes bid for Shibaura, capping lengthy takeover battle

Taiwan company says deal is 'pivotal advancement' in its global strategy

21 October 2025
GCON constructs a data center in the U.S. state of Arizona. (Obayashi)
Business deals

Japan's Obayashi to buy US data center builder GCON

Construction group taps AI-driven demand to offset sluggish domestic market

18 October 2025
Sanrio's Seiichiro Matsumoto shares some of the company's plans for M&A and investor relations goals. (Photo by Aline Sauvegrain Tanabe)
Companies

Sanrio weighs spending up to $660m on M&A by March 2027

Candidates include overseas companies 'in the digital space'

17 October 2025
Toyota Industries, a maker of forklifts and a key supplier to the Japanese automaker, is to be taken private by Toyota, group real estate company Toyota Fudosan and Toyota chairman Akio Toyoda.
Business deals

Investors call for greater disclosure in Toyota's buyout of group company

Premium for Toyota Industries viewed as well below average for similar deals

16 October 2025
SMBC Nikko President Shuji Yoshioka speaks with Nikkei about the company's strategy in partnering with Jefferies. (Photo by Hazumu Urushiyama)
Interview

SMBC Nikko aims to win 'top-tier' deals in tie-up with Jefferies, CEO says

Investment banks plan to collaborate on equity underwriting, M&A advisory services

16 October 2025
Bryan Marsal, co-founder and co-CEO of Alvarez & Marsal: The advisory firm will open offices in Tokyo and Osaka as it eyes Japan's M&A market. (Alvarez & Marsal)
Business deals

US transaction advisory firm Alvarez & Marsal to open Japan offices

Increased M&A and corporate restructuring provides 'clear opportunity,' says co-founder

16 October 2025
Software developed through Honda's collaboration with Helm.ai will be used in autonomous driving technology. (Photo by Satoko Kawasaki)
Business deals

Honda raises investment in US automotive AI startup Helm.ai

Collaboration to bolster research in self-driving tech

16 October 2025
Denso will sell its shares in four auto filter makers in the U.S., China and Poland to partner Toyota Boshoku. (Source photos by Nikkei)
Business deals

Denso to sell overseas air filter stakes to Toyota Boshoku in EV push

Deal marks latest divestment from businesses tied to gasoline-powered vehicles

16 October 2025
Chief executives from Toyota Motor, Hino Motors, Mitsubishi Fuso and Daimler Truck pose for a photo in June.
Automobiles

Hino to face life without Toyota's backing after Mitsubishi Fuso merger

Truck maker will lose access to lending by Toyota, along with strategic factory

15 October 2025
Sapporo Holdings owns Yebisu Garden Place in Tokyo. (Photo by Yuiya Shibata)
Business deals

Japan's Sapporo nears deal with KKR-PAG group to sell real estate business

Brewer aims for agreement next month of properties sales including Yebisu Garden Place

15 October 2025
Trucks made by Hino Motors and Mitsubishi Fuso. With their merger, the two companies will hold about half of Japan's commercial vehicle market by sales. (Source photos by Nikkei)
Automobiles

Toyota's Hino and Daimler Truck unit to consolidate Japan production

Merging companies to invest in new technology to fend off competition from China

10 October 2025
SoftBank's Masayoshi Son aims to upend conventional manufacturing by creating industrial parks with AI-equipped robots and self-driving vehicles. (Source photos by Nikkei and ABB)
Business deals

SoftBank's Son looks to 'next frontier' of AI robots with ABB deal

Japanese group focuses on robotics after investing in data centers, semiconductors

9 October 2025
SoftBank Group says it will acquire 100% of ABB's robotics division as the Japanese company expands into artificial intelligence and automation. (Source photos by Ichiro Kikuchi and Getty)
Artificial intelligence

SoftBank to buy ABB's robotics unit for $5.4bn in 'physical AI' push

Deal underscores founder Masayoshi Son's high hopes for robotics and automation

8 October 2025
MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corp. are all adding more staff to departments that handle leveraged buyout financing. (Photo by Nanami Sato)
Finance

Japan banks ramp up LBO financing business amid M&A surge

MUFG, Mizuho, SMBC move on from Marelli failure, but beef up risk management

8 October 2025
AMD and OpenAI have reached a multi-year deal on artificial intelligence chip supply, sending AMD shares more than 34% higher.
Artificial intelligence

AMD signs AI chip-supply deal with OpenAI, shares surge

Agreement includes warrant for OpenAI to buy up to a 10% stake in AMD

7 October 2025
Mixue is swallowing the company behind Fulu budget beer bars. (Photo by Kohei Fujimura)
7 October 2025
Japan Post is looking to bolster its presence in warehouses and intercompany logistics. (Photo by Wataru Ito)
Business deals

Japan Post to buy into KKR-owned Logisteed for $950m

Investment part of push to expand logistics network amid losses in postal business

7 October 2025
Yanmar seeks to boost the efficacy of its ship-cleaning drones through its new tie-up with Sony. (Yanmar)
Business deals

Japan's Yanmar partners with Sony to develop ship-cleaning drones

Cleaning system improves vessels' fuel efficiency and addresses environmental worries

7 October 2025