Toshiba is restructuring approximately $5 billion in debt as it targets a return to the Tokyo Stock Exchange as early as fiscal 2028. From its 2015 accounting scandal through activist investor battles and 2023 privatization, the 150-year-old Japanese icon is now posting record profits. We explore what this means for Japanese corporate governance and how it compares to Dell's private-to-public journey.
Denso proposed a tender offer for Rohm worth up to 1.3 trillion yen (about $8.2 billion), then withdrew it in April 2026 after Rohm's special committee declined to endorse the deal. Consolidation has shifted to a Rohm-Toshiba-Mitsubishi Electric alliance. Here is the competitive picture against Infineon, onsemi, and China's fast-rising players.
On March 4, 2026, Finland-born food delivery service Wolt ended all operations in Japan after six years. Despite being loved for its god-tier customer support and elegant Nordic design, Wolt couldn't break through the Uber Eats/Demae-can duopoly that controls 90% of the market. We analyze why Wolt lost, what delivery workers face next, and what foreign tech companies need to succeed in Japan.
Rakuten Group has restarted talks to merge its banking, securities, and credit card businesses under Rakuten Bank by October 2026. With plans to unify financial apps and target 33 million bank accounts, the move represents Japan's boldest step toward a fintech super app. We analyze the strategy alongside global comparisons—Alipay, WeChat Pay, Grab, and GoTo—and examine how Rakuten's $11.5 billion mobile losses shape this financial gambit.
ITOCHU Corporation is raising its stake in Hitachi Construction Machinery to 33.4%, securing veto power over key corporate decisions with a $900 million additional investment. This deep dive explores Japan's unique Sogo Shosha business model, the global construction equipment rivalry with Caterpillar and Komatsu, and why Warren Buffett has poured $23.5 billion into Japan's five major trading houses. Does your country have anything like a Sogo Shosha?
Japan's largest Kampo medicine maker Tsumura has announced it will acquire Yomeishu Seizo — maker of the iconic 400-year-old herbal medicinal liquor — for approximately $45 million. We break down the complex deal involving activist investor Yoshiaki Murakami's firm and explore why Japanese traditional medicine is gaining global momentum.
Nippon Steel is raising approximately $8.5 billion through Japan's largest-ever convertible bond issuance ($3.6B) and JBIC loans. This massive fundraising secures financing for its $14.9B U.S. Steel acquisition and a $39B five-year investment plan. We examine the implications for global steel consolidation, comparisons with ArcelorMittal, and the unprecedented "golden share" arrangement with the Trump administration.
Japan's anime market has reached a record $25 billion globally. While aggressive M&A deals by Sony, KADOKAWA, and others have fueled explosive overseas growth, questions remain about low animator wages, creative risk-taking, and whether the industry's real creators are seeing any of the profits. A deep dive into the boom's winners and losers.
AVITA, led by world-renowned roboticist Hiroshi Ishiguro, has acquired all shares of android robot developer A-Lab, marking a full-scale entry into Physical AI. With A-Lab's track record including androids for Expo 2025, AVITA aims to evolve from CG avatars to physical robots. As the U.S. and China lead the humanoid market, this move signals Japan's push to reclaim its robotics legacy. How does your country view humanoid robots?
Dentsu Group posted a record net loss of 327.6 billion yen ($2.1 billion) for FY2025 after massive goodwill write-downs on failed overseas acquisitions. CEO steps down, dividends cut to zero. What went wrong with Japan's biggest ad agency's global ambitions?
Toho has acquired UK anime distributor Anime Limited and formed a strategic alliance with Germany's Plaion Pictures, establishing its European headquarters in London. With Europe's anime market projected to reach $9 billion by 2030, discover how Japan's biggest entertainment company plans to bring Godzilla, Jujutsu Kaisen, and more to audiences across the continent — and what this means for anime fans worldwide.
Kyoto-based precision instrument maker HORIBA has acquired Indian startup Pristine Deeptech to accelerate diamond wafer commercialization. Diamond is called the "ultimate semiconductor material" with properties far surpassing silicon. Learn about HORIBA's strategy to build an R&D hub in India for next-generation power semiconductors and quantum sensors.
Sumitomo Bakelite acquires Kyocera's semiconductor chemical business for ¥30 billion, targeting AI data center market growth. The world's leading semiconductor encapsulant manufacturer strengthens its portfolio with epoxy molding compounds and bonding pastes amid explosive memory demand.
Mitsubishi Corporation has announced the acquisition of US shale gas company Aethon Energy for $7.5 billion, marking the largest Japanese investment in the American shale sector. This strategic move creates an integrated gas value chain from upstream production to LNG exports, positioning Japan for the AI-driven energy demand surge while enhancing national energy security.
Sony Group raised its stake in Peanuts Holdings to 80%, buying WildBrain's 41% share for $457 million. Explore the future of Snoopy and Charlie Brown across movies, music, and gaming, plus global reactions to this major deal.
