Increased M&A is likely to be positive for Japan as a whole since it can lead to higher growth potential and result in economies of scale to enable Japanese firms to compete more effectively in global markets.
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Kathy Matsui, chief strategist for Goldman Sachs in Japan, saying that Japan “is ripe” for more mergers and acquisitions. (Bloomberg)
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JohnBecker
Is there an award for best buzzwordist?
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limboinjapan
I seriously have my doubts about this, I have recently had 5 contracts with 5 different large Japanese companies that have either merged or been acquired by foreign (international) companies, I was brought in primarily by the international head offices because of work flow and incompatibility issues with the Japanese companies.
The major problem seems to always be that,
1-) the Japanese staff cannot properly communicate with the other offices world wide (mostly due to language) and
2-) the Japanese companies refusing to join or change their work, IT and other such structuring to comply with that of the rest of the offices world wide (and not just the west even other Asian sections).
In most of these situations the rest of the worlds offices and the head offices have become so frustrated that most are now looking at either ending the mergers or liquidating the Japanese sections and continuing to serve only the most profitable Japanese clients for overseas locations.
For those who will say that Japan built its economy on its own system and it worked or served it well, my reply is that things have changed and today's economies can no longer function at a locally controlled or exclusive way and that everything is now based on Global standards not American not Japanese or any one particular places, but a more unified world standard and the successful companies today function along those line.
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