Crimson Phoenix acts on Japanese-French joint venture formation

Crimson Phoenix, the M&A advisory firm specialising in Japan-related cross-border transactions, announces that it advised a listed Japanese media conglomerate on its strategic expansion in the European market through the establishment of a joint venture with a French media group specialising in Franco-Belgian comics. This partnership, which was formalised on 25th January, 2024 and completed … Read more

Use of Japanese company shares as acquisition currency

Japan is taking steps to broaden companies’ options for using their own shares in acquisitions, aiming to facilitate more global deals, as reported by Nikkei. Changes proposed for 2025 to the Companies Act would enable “share delivery” to acquire stakes in foreign companies. This method allows buyers to offer their own stock as consideration for … Read more

Welcome to Crimson Phoenix’s news posts in 2024

It has been reported that M&A transactions involving Japanese companies in 2023 numbered 4,015, down by 6.7% in volume from 2022, the first decline in three years. It would appear that the increase in interest rates in major markets (excluding Japan) had reduced clarity on valuation and discouraged corporate investments. In contrast, the value of … Read more

What is the Japanese word for Unicorn?

Unicorns, privately held start-up companies valued at US$1 billion or more, are so called owing to their statistical rarity (though in real life of course they only exist in legends). What does the presence of unicorns, the corporate kind, signify to a country? Is it a reflection or product of the size, vigour, entrepreneurship, ability … Read more

Harvard Business Review podcasts on Carlos Ghosn

Listen to Yuuichiro Nakajima’s thoughts on the Nissan ex-CEO’s dramatic escape from detention Yuuichiro Nakajima is featured in a podcast series by Harvard Business Review on Carlos Ghosn and the impact that he has had on Nissan and more broadly on Japanese business. When Japan’s most famous CEO is suddenly arrested, conflicts are revealed in … Read more

Crimson Phoenix webinar on Japanese M&A

Join us at Crimson Phoenix for a webinar on Japan-related cross-border M&A transactions, on Friday, 16th April at 10am BST/11am CET/6pm JT. Designed to address concerns and frustrations sometimes felt by Western European M&A principals and their advisors, it will draw on our extensive transaction experience. We will share with you our thoughts on how … Read more