国賓外交とM&A

It is heartening to see how well the recent state visit by the Emperor and Empress of Japan has been receiving in the UK. The Emperor himself has made a number of heartfelt and personal comments of gratitude for and appreciation of the warm welcome that they have been given. Is it too simplistic to … Read more

日本企業の株式を買収通貨として利用

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

2024年のクリムゾン フィーニクスのニュース欄へようこそ

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