Value of overseas deals by Japanese firms in 2012 tops $110 billion

The value of deals by Japanese firms abroad has topped $110 billion so far this year, according to data provider Dealogic Wednesday, a shopping spree driven by a strong yen and limp domestic market.

During the late 1980s boom years, Japanese firms scooped up familiar assets ranging from the Rockefeller Center and other prime New York properties to Universal Studios and Columbia Records.

Many of the acquisitions ended badly and Japan came to be seen as a financial predator.

hopefully it won't end as badly as last time. they know better this time, hope for better management.

Now Japan will become known as a financial savior. The US and the EU are broke and somebody has to be in charge.