Orix scouting for asset management deals overseas

Orix Corp is scouting for acquisitions to achieve a goal of doubling its $260 billion asset management business and is looking overseas for targets after missing the boat at home, its chief executive said.

LOL. This is the new business strategy in Japan -- "look overseas for targets after missing the boat at home". Does anyone else see the irony in this? The same managment that could not capitalize on emerging trends in their own market, are suddenly going to be able to successfully manage a newly-globalized company. Good luck with that.

It should be Australia and avoid India. Currently Aussie Dollar was very low. It's good for Company acquisition.