Recent Cross-border Acquisitions by Japanese Corporations - Examples
August 2021
Freee K.K. - a Japanese cloud accounting service company
Freee (Revenue: ~USD45 million; Employees: 481) acquired Likha-iT Inc., a custom software development company in the Philippines.
The aim is to acquire engineers and give opportunities to Japanese engineers to work outside Japan.
* Freee is listed in Mothers, which is one of Tokyo Stock Exchange's sections for startup companies capitalized at above ~USD10 million. There are 379 such listed firms as of August 2021.
JFE Engineering Corporation - a Japanese company in the energy and environment systems industry
JFE Engineering (Revenue: ~USD5 billion; Group employees:10,000), and its affiliates acquired a 30% stake in Berjaya Alam Murni Sdn. Bhd., a Malaysian company that develops a waste treatment center.
*JFE Engineering Corporation is listed in the Tokyo Stock Exchange’s first section, which is for large companies capitalized at above ~USD250 million. There are 2,100 such listed firms as of January 2019.
Mitsui Sumitomo Insurance Co., Ltd. - one of the largest insurers in Japan
Mitsui Sumitomo Insurance (Revenue: ~USD15 billion; Employees: 14,577), invested in Trusty Cars Pte Ltd, a Singapore-based firm that has rapidly grown as an advanced emerging platform to sell used cars online, using AI for vehicle valuation.
The goals of this investment are to use digitalize insurance distribution inside and outside Japan, develop new auto insurance products, and create other businesses related to automobiles.
Mitsui Sumitomo Insurance’s corporate venture capital arm, MS&AD Ventures, initially invested in this Singaporean firm in January 2020.
Bridgestone Corporation - the world's largest tire and rubber company
Bridgestone agrees to purchase Azuga Holdings Inc. from Sumeru Equity Partners and other shareholders for $391 million.
Azuga (based in Fremont, California; Employees: 430) is a US technology company that has developed a sophisticated fleet management platform with GPS tracking, video telematics, driver behavior management, and accident reduction solutions.
The acquisition will complement Bridgestone’s tire-centric digital solutions for retreading and cloud-based fleet mobility solutions.
Principle Co., Ltd. - a Japanese digital marketing consulting firm
Principle acquired Eboost Consulting, a U.S. digital marketing agency based in San Diego, CA.
The goal is to provide culturally and socially optimal digital marketing strategies to Japanese companies expanding into the U.S. market.
Rakuten Group, Inc., - a Japanese electronic commerce and online retailing company
Rakuten (Listed in the first section of the Tokyo Stock Exchange; Revenues: ~USD14 billion; Employees: 20,000) decided to acquire the remaining stake in Altiostar Networks, Inc., a U.S. company that provides open virtual radio access network (vRAN) technology for 4G and 5G.
Hitachi Rail - a subsidiary of Hitachi, Ltd.
Hitachi Rail decided to acquire Thales Rail Signaling Solutions, a division (Revenue: EUR1.6 billion; Employees: 9,000) of Thales S.A., which supplies transportation-based automation solutions for railways.
The agreed price is EUR1.7 billion. The goal is to become a global leader in Mobility as a Service (MaaS) solution provider.
The buyer’s parent, Hitachi, Ltd., is a Japanese multinational conglomerate corporation conducting business ranging from IT, including AI, the Internet of Things, and big data, to infrastructure (Revenue: ~USD87 billion; Group employees: 350,000).
The seller, Thales S.A., is a French multinational company that designs and builds electrical systems and provides services for the aerospace, defense, transportation, and security markets.
Future Spirits Co., Ltd. - a Japanese web hosting service company
Future Spirits (Employees: 125) agreed to invest in a venture business by eight students of Kirirom Institute of Technology in Cambodia. The purpose is to train English-speaking cloud engineers and have a foothold in Southeast Asia.
Koito Manufacturing Co., Ltd. - a Japanese manufacturer of automotive lighting and aircraft parts
Koito Manufacturing (Listed in the First Section of the Tokyo Stock Exchange: Revenue: ~USD8 billion; Group employees: 24,700), decided to invest an additional USD50 million in Cepton Technologies, Inc., a manufacturer and distributor of lidar (light detection and ranging) for ADAS (Advanced Driver Assistance Systems based in San Jose, CA, U.S.A.
The objective is to combine Koito's product, design, and mass-production technologies for automotive components with Cepton 's innovative proprietary technologies.
Mitsubishi Electric Corporation agreed to acquire Smarter Grid Solutions Limited in the U.K. to enhance distributed energy resource management systems.
TechnoPro Holdings, Inc. - Japan's largest technology-focused staffing and service company
TechnoPro Holdings agreed to acquire Robosoft Technologies Private Limited (EBITDA: INR736 million), an Indian that has digital technologies including Artificial Intelligence, IoT, 5G, Virtual Reality, and Artificial Reality.
The price is INR8,050 million (nearly eleven times EBITDA).
The buyer, TechnoPro, is listed in the first section of the Tokyo Stock Exchange with revenue of ~USD1,165 million and group employees of 24,956.
Daiwa House Industry Company, Limited decided to acquire an 80% stake in CastleRock Communities, L.P., a home builder in the U.S.
Rigaku Corporation - a Japanese manufacturer and distributor of scientific, analytical, and industrial instrumentation specializing in X-ray related technologies
Rigaku acquired MILabs B.V., a Dutch company that has technologies for molecular imaging, developing high-performance preclinical micro-PET, micro-SPECT, micro-CT, and Optical Tomography systems as well as human high-resolution SPECT.
Shizuoka Gas Co., Ltd. agreed to acquire a 49% stake in Thai-Japan Gas Network Company Limited in Thailand.
Istyle Inc. - a Japanese E-Commerce company
Istyle that is specialized in cosmetic products acquired Glowdayz, Inc., a Korea-based IT company specialized in providing mobile development solutions to the cosmetic and real-estate sectors. The price is ~USD8 million.
The buyer, Istyle, is listed in the first section of the Tokyo Stock Exchange with revenue of ~USD305 million and employees of 1161.
Yokogawa Electric Corporation, a Japanese multinational electrical engineering, and software company with businesses based on its measurement, control, and information technologies
Yokogawa Electric invested in Fluence Analytics, a U.S. startup that provides industrial and laboratory monitoring solutions with continuous data streams.
The Buyer, Yokogawa Electric, is listed in the first section of the Tokyo Stock Exchange with a revenue of ~USD4 billion and group employees of 18,000.
Glory Ltd. - the world largest manufacturer of currency processing equipment based in Japan
Glory invested in Unified Financial Limited in the U.K. to acquire fintech technology. Glory is listed in the first section of the Tokyo Stock exchange with revenue of ~USD2 billion and group employees of 11,000
Actcall Inc. - a Japanese startup that operates call centers and provides emergency services for residential members
Actcall acquired 51% in Viet Guys Joint Stock Company, which operates an SMS (Short Message Service) business in Vietnam.
The price is ~USD4 million.
The buyer, Actcall, is listed in the Mothers section of the Tokyo Stock Exchange with revenue of ~USD40 million and employees of 125.
Axcelead Inc., a Japanese pharmaceutical company acquired PassPort Technologies, Inc., a biotechnology firm in the U.S.
Rengo Co., Ltd. - a Japanese paper box manufacturer
Rengo acquired a 75% stake in three Indonesian corrugated board manufacturers: PT Indonesia Dirtajaya Aneka Industri Box, PT Bahana Buana Box, and PT Rapipack Asritama.
MUFG Bank, Ltd. decided to acquire SHBank Finance Company Limited, a consumer finance company in Vietnam.
Recomm Co., Ltd., a Japanese seller of communication equipment
Recomm decided to acquire Sin Lian Wah Lighting Sdn . Bhd., a seller of electric and lighting equipment in Malaysia.
July 2021
Supership Holdings Inc. formed a capital and business alliance with Novatiq Limited in the U.K., a U.K. company that developed a technology for digital audience-targeting ads.
V-cube, Inc. decided to acquire Xyvid Inc. for USD15 million, which is a U.S. provider of high-resolution, internet-based broadcast platforms.
Nippon Suisan Kaisha Ltd. acquired a 75% stake in Three Oceans Fish Company Limited, a producer of coated fish products in the UK.
Fudo Tetra Corporation has entered into an agreement to acquire a 49% stake in Advanced Geosolutions Inc., a design-build ground improvement and specialty piling contractor in the U.S.
Sojitz Corporation invested in Showfields, Inc., a U.S. developer of a direct-to-consumer retail platform intended to play host to innovative brands.
Tokyo Century Corporation acquired Work Truck Direct, Inc., a specialized US dealer in the niche market of highly customized vehicles and equipment, with a high level of expertise in small and medium-sized trucks for e-commerce and arbor equipment and vehicles.
Link-U Inc. decided to acquire a 50% stake in Comikey Media Inc., a U.S. startup that focuses on licensing and digitally publishing Asian market media. The investment will be approx. 100 million yen.
Sapporo Holdings Limited acquired Aware Beverages Inc., an alcoholic-beverage company in Canada.
Mitsubishi Corporation (Consolidated sales: 14,779 billion yen in FY2019) has increased its stake in Jetti Holdings, Inc. (Jetti), a U.S. natural resources company that has developed a cutting-edge, catalytic technology that allows for effective extraction of copper.
Mitsubishi Corporation also acquired a 40% stake in Australian Integrated Carbon, an Australian company engaged in the sale of carbon credits.
Musashi Seimitsu Industry Co., Ltd. invested in Spornado Inc., a Canadian start-up that develops an early alert system that detects crop disease.
Sojitz Corporation acquired a 50% stake in Edenvale Solar Park Pty Ltd., an Australian developer in the renewable energy business.
NEC Corporation acquired Vantage Health, a UK-based company that provides technology-driven solutions to the National Health Service by using AI.
AGRI CARE Co., Ltd. and its related parties acquired Patient Technologies Vietnam Joint Stock Company, a Vietnamese provider of IT services and developer of software in the medical and healthcare fields.
Akatsuki Inc. invested in Carry1st, a developer and publisher of mobile games and content apps in South Africa.
Mitsubishi HC Capital Inc. decided to acquire CAI International, Inc., a U.S. transportation company that offers intermodal container leasing and sales. The planned purchase price is USD1,108 million.
Sony Group acquired Somethin’ Else, a U.K. producer of audio, TV, and social media.
Bridgestone Corporation will acquire a minority stake in Kodiak Robotics, a U.S. company that develops technology for self-driving trucks.
Mabuchi Motor Company has entered into an agreement to acquire Electromag SA, a company in Switzerland specialized in the design, sales, and production of high-performance miniature brushless motors for medical and dental industries.
K.K. NKC Asia invested in Meet.jobs, a company in Taiwan that offers a headhunter platform focusing on international talents and jobs.
Denso Corporation invested in Seurat Technologies Inc., a U.S. start-up company that develops a new metal 3D printing process.
Nippon Paper Industries Co., Ltd. became a cornerstone shareholder of Elopak ASA, a Norwegian company producing cartons for liquids.
Corundum Systems Biology Inc. invested in Holobiome, Inc., a U.S. biotechnology company that develops microbiome-based therapeutics for mental health.
Sumitomo Mitsui Trust Bank, Limited acquired a 4.15% non-voting stake in CrossHarbor Capital Partners LLC, an investment and asset management firm in the U.S.
Sojitz Corporation invested in 2D Materials Pte. Ltd., a Singaporean manufacturer of high-performance graphene as an industrial additive.
GSI Creos Corporation invested in Brilliant Matters Organic Electronics Inc., a Canadian supplier of organic semiconductors and conductors for organic solar cells and other printed electronics markets.
Nippon Sanso Holdings Corporation acquired Cryogenic Systems Equipment, Inc., a US company that manufactures or modifies freezing systems.
TIS Inc. invested in Miaomi Technology, a Chinese company that develops the Artificial Intelligence of Things (AIoT).
Marubeni Corporation has entered into an agreement to acquire a stake in Euroma Holding B.V., a Dutch manufacturer of herbs and spices.
Prima Meat Packers, Ltd. has entered into an agreement to acquire Rudi's Fine Food Pte Ltd., a producer of gourmet meat products based in Singapore.
Sumitomo Mitsui Financial Group, Inc. and Sumitomo Mitsui Banking Corporation acquired a 4.99% stake in Rizal Commercial Banking Corporation in the Philippines for JPY10 billion.
DIC Corporation acquired the business of the Colors and Effects brand from a German company. The business encompasses BASF's broad portfolio of colorants and effect pigments.
Outsourcing Inc. acquired Integrity Networks, Inc., a US manufacturer of electronic components.
Sony Interactive Entertainment LLC acquired Nixxes Software B.V., a Dutch company specializing in video game design, development, and porting.
AGC In. has entered into an agreement to acquire a factory from Novartis Gene Therapies Inc. in the U.S. for the production of gene therapy drugs.
Nippon Koei Co., Ltd. acquired Pattern Design Limited, a British architectural design company.
Sumitomo Mitsui Financial Group, Inc. announced its decision to acquire a 74.9% stake in Fullerton India Credit Company Limited, a non - banking financial company in India.
Meiko Shokai Co., Ltd. announced its decision to increase its stake in T Secure International Co., Ltd., a manufacturer of paper shredders in Thailand, from 14.9% to 82.59%.
Hisaka Works, Ltd. announced its decision to acquire a 15% stake in KAPP SAS that manufactures heat exchangers in France.
Dentsu Inc. has entered into an agreement to acquire LiveArea, a US digital commerce business unit of PFSweb, Inc.
SBI Holdings, Inc. invested in AND Global Pte. Ltd., a fintech company in Singapore.
Toyota Tsusho Corporation invested EUR 5 million in InTouch SAS, a French company that operates a digital payment service business mainly in West Africa.
Toyota Tsusho Corporation also invested in Merced Pipeline LLC, a US company that produces renewable natural gas.
Topcon Corporation acquired Visia Imaging S.r.l, an Italian technology company that designs, engineers, and manufactures hardware and software solutions for clinical diagnostics with a specific focus on ophthalmology, autoimmunity, digital pathology, and cytogenetics applications.
Otsuka Pharmaceutical Co., Ltd. acquired Uqora, Inc., a US biotechnology company focused on urinary tract health.
Kokubu Group Corp. acquired the remaining stake in Shanghai Hengfu Logistics Co., a service provider that specializes in cold chain logistics in China.
Nippon Light Metal Holdings Company, Ltd. increased its stake in Svam Toyal Packaging Industries Private Limited, an Indian company that serves the pharmaceutical industry, from 17.6% to 51%.
United, Inc. invested in Decagon Global, Inc., a US company that operates an integrated business model from training of engineers to placement of human resources in Nigeria, Europe, and the U.S.
Fujitsu Limited invested in Digital Commodity Exchange Pte. Ltd., a start-up company in Singapore that leverages digital technologies to solve business challenges surrounding global commodity trading.
Horiba, Ltd. acquired BeXema GmbH, a German startup that manufactures power supply equipment.
Hitachi Zosen Corporation acquired Schmack Biogas Service GmbH and microbEnergy GmbH, both leading German companies in the biogas industry.
Mitsui O.S.K. Lines entered is in negotiation to acquire a 40% stake in Waterfront Shipping, a shipping company in Canada, for USD145 million.
Chodai Co., Ltd. invested in two companies in the Philippines: Philnos Corporation, a recruitment agency, and Nosphil Consultancy; and Manpower Services Inc., that specializes in supplying office staff, engineers, technicians, and skilled workers.
Mitsui Sumitomo Insurance Company, Limited invested in Next Insurance, Inc., an online insurance provider for small businesses in the U.S.
Toyota Motor Corporation has entered into an agreement to acquire CARMERA, Inc., a US company that provides real-time 3D HD maps and navigation-critical data to autonomous vehicles.
Toyota Motor Corporation also acquired Level 5, the autonomous vehicle unit of Lyft, Inc. in the U.S.
Yamato Holdings Co., Ltd. invested in iStore iSend Pte. Ltd., an end-to-end fulfillment solution provider in Singapore.
Toppan Printing Co., Ltd. (Consolidated sales: 1,467 billion yen in FY2021) acquired InterFlex Group, a US flexible packaging supplier and converter.
Daikin Industries, Ltd. (Consolidated sales: 2,493 billion yen in FY2021) invested in OCSiAl S.A., a single-walled carbon nanotubes manufacturer in Luxemburg.
Mitsui & Co., Ltd. (Consolidated sales: 8,000 billion yen in FY2021) increased its stake from 49% to 60% in Inversiones Mitta SpA, a company in the automobile operating lease and rental car business in Chile.
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June 2021
Supership Holdings Inc. formed a capital and business alliance with Novatiq Limited, a UK company that developed a technology for digital audience-targeting ads.
V-cube, Inc. decided to acquire Xyvid Inc. for USD15 million, which is a US provider of high-resolution, internet-based broadcast platforms.
Nippon Suisan Kaisha Ltd. acquired a 75% stake in Three Oceans Fish Company Limited, a producer of coated fish products in the UK.
Fudo Tetra Corporation has entered into an agreement to acquire a 49% stake in Advanced Geosolutions Inc., a design-build ground improvement and specialty piling contractor in the U.S.
Sojitz Corporation invested in Showfields, Inc., a US developer of a direct-to-consumer retail platform intended to play host to innovative brands.
Tokyo Century Corporation acquired Work Truck Direct, Inc., a specialized US dealer in the niche market of highly customized vehicles and equipment, with a high level of expertise in small and medium-sized trucks for e-commerce and arbor equipment and vehicles.
Link-U Inc. decided to acquire a 50% stake in Comikey Media Inc., a US startup that focuses on licensing and digitally publishing Asian market media. The investment will be approx. 100 million yen.
Sapporo Holdings Limited acquired Aware Beverages Inc., an alcoholic-beverage company in Canada.
Mitsubishi Corporation has increased its stake in Jetti Holdings, Inc. (Jetti), a US natural resources company that has developed a cutting-edge, catalytic technology that allows for the effective extraction of copper.
Musashi Seimitsu Industry Co., Ltd. invested in Spornado Inc., a Canadian start-up that develops an early alert system that detects crop disease.
Sojitz Corporation acquired a 50% stake in Edenvale Solar Park Pty Ltd., an Australian developer in the renewable energy business.
NEC Corporation acquired Vantage Health, a UK-based company that provides technology-driven solutions to the National Health Service by using AI.
AGRI CARE Co., Ltd. and its related parties acquired Patient Technologies Vietnam Joint Stock Company, a Vietnamese provider of IT services and developer of software in the medical and healthcare fields.
Akatsuki Inc. invested in Carry1st, a developer and publisher of mobile games and content apps in South Africa.
Mitsubishi HC Capital Inc. decided to acquire CAI International, Inc., a US transportation company that offers intermodal container leasing and sales. The planned purchase price is USD1,108 million.
Sony Group acquired Somethin’ Else, a UK producer of audio, TV, and social media.
Bridgestone Corporation will acquire a minority stake in Kodiak Robotics, a US company that develops technology for self-driving trucks.
Mabuchi Motor Company has entered into an agreement to acquire Electromag SA, a company in Switzerland that specialized in the design, sales, and production of high-performance miniature brushless motors for medical and dental industries.
K.K. NKC Asia invested in Meet.jobs, a company in Taiwan that offers a headhunter platform focusing on international talents and jobs.
Denso Corporation invested in Seurat Technologies Inc., a US start-up company that develops a new metal 3D printing process.
Nippon Paper Industries Co., Ltd. became a cornerstone shareholder of Elopak ASA, a Norwegian company producing cartons for liquids.
Corundum Systems Biology Inc. invested in Holobiome, Inc., a US biotechnology company that develops microbiome-based therapeutics for mental health.
Sumitomo Mitsui Trust Bank, Limited acquired a 4.15% non-voting stake in CrossHarbor Capital Partners LLC, an investment and asset management firm in the U.S.
Sojitz Corporation invested in 2D Materials Pte. Ltd., a Singaporean manufacturer of high-performance graphene as an industrial additive.
GSI Creos Corporation invested in Brilliant Matters Organic Electronics Inc., a Canadian supplier of organic semiconductors and conductors for organic solar cells and other printed electronics markets.
Nippon Sanso Holdings Corporation acquired Cryogenic Systems Equipment, Inc., a US company that manufactures or modifies freezing systems.
TIS Inc. invested in Miaomi Technology, a Chinese company that develops the Artificial Intelligence of Things (AIoT).
Marubeni Corporation has entered into an agreement to acquire a stake in Euroma Holding B.V., a Dutch manufacturer of herbs and spices.
Prima Meat Packers, Ltd. has entered into an agreement to acquire Rudi's Fine Food Pte Ltd., a producer of gourmet meat products based in Singapore.
Sumitomo Mitsui Financial Group, Inc. and Sumitomo Mitsui Banking Corporation acquired a 4.99% stake in Rizal Commercial Banking Corporation in the Philippines for JPY10 billion.
May 2021
Asahi Group Holdings, Ltd. announced it will purchase Allpress EspressoLtd., a New Zealand-based company that sells freshly roasted coffee beans to cafes and restaurants.
Hitachi Construction Machinery Co., Ltd. acquired SmartCap Technologies Pty Ltd., an Australian company that has wearable technology to detect fatigue by analyzing the brain waves of truck drivers and other workers.
Sumitomo Dainippon Pharma Co., Ltd. will invest in a special purchase acquisition company to acquire Roivant Sciences Ltd., a Swiss healthcare company focused on applying technology to drug development.
Toyota Tsusho Corporation acquired a 10% stake in Purdy Motor S.A., an automotive company in Costa Rica.
Senko Group Holdings Co., Ltd. acquired a 60% stake in AirRoad Pty Ltd, an Australian company that transports precision equipment and auto parts.
Nomura Research Institute, Ltd. acquired Australian Investment Exchange Limited, an Australian company that provides back-office services to wealth management firms and independent financial advisors.
Optimus Group Company Limited acquired OzCar Pty Ltd., a used-car dealer in Australia.
Daiwa Energy & Infrastructure Co. Ltd. will invest in Ucles Holdco S.L. which provides fiber optic facilities for telecommunications in Spain.
KAYAC Inc. invested in Tier One Entertainment, an esports talent agency in Singapore.
Nikon Corporation invested ￡10 million in Oxford Nanopore Technologies Limited, a UK-based company that is developing and selling nanopore sequencing products for the direct, electronic analysis of single molecules.
Real Tech Holdings Co., Ltd. will invest in Aerodyne Group, a Malaysia-based company that provides drone-based enterprise solutions, and is a pioneer in the use of AI as an enabling technology for large-scale data capture and analytics.
Kintetsu World Express, Inc., acquired Prestige Cargo Services Inc., a Canada-based provider of international transportation services for live and fresh products.
SoftBank Corp. has entered into an agreement to acquire a 23.1% stake in Axiata Digital Advertising Sdn. Bhd. for USD60 million, which is a provider of digital advertising services in Malaysia.
Totech Corporation has decided to acquire Quantum Automation Pte. Ltd. for 4,050 million yen, which is a manufacturer in Singapore for building automation products.
Morinaga Milk Industry Co., Ltd. acquired a 51% stake in Elovi Vietnam Joint Stock Company, a manufacturer in Vietnam of dairy products. Morinaga plans to increase the stake to 100% by July.
Sojitz Corporation invested in Ricult Inc., a U.S. start-up company that develops AI/Data/Tech/Financial-based digital solutions for the agricultural ecosystem.
Kameda Seika Company, Limited has decided to increase its stake in Thien Ha Kameda Joint Stock Company, a manufacturer in Vietnam of bakery products, from 30% to 51%.
The Yokohama Rubber Company, Limited has entered into an agreement to acquire ITR CEE Spółka z.o.o., which is a distributor of tires in Poland.
Hitachi Sustainable Energy Ltd. acquired a 35.1% stake in Trung Nam Wind Power JSC, a company in Vietnam that develops and operates wind power projects.
Football Innovation Japan K. K. acquired 80% of a Sociedade Anónima Desportiva that operates Anadia Futebol Clube, a Portuguese football club.
Recomm Co., LTD. has decided to acquire a 30% stake in Greentech International Pte. Ltd. a company in Singapore that provides solutions of environmentally friendly electrical and instrumentation for the oil & gas industry.
Itochu Corporation invested in 24M Technologies, Inc., a U.S. company that develops and commercializes the SemiSolid lithium-ion battery technology.
Sumitomo Mitsui Banking Corporation invested USD400 million in ARA Asset Management Limited is a real estate fund management company in Singapore.
Nipro Corporation acquired Piramida d.o.o., a specialized producer of glass ampoules and vials in Croatia.
Hakuhodo Inc. acquired the majority stake in LLC Ailove Digital, a digital creative agency in Russia.
NTT Data Corporation has entered into an agreement to acquire Nexient, LLC., a U.S. company that develops applications in a cloud environment.
Mitsui Sumitomo Insurance Co., Ltd. invested in Upstream Security Ltd., a company in Israel that offers cybersecurity solutions to protect autonomous and connected cars and fleets.
NTT Docomo Ventures, Inc. invested in the following two companies in the U.S.:
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Arcturus Studios Holdings, Inc., which creates a platform for editing and distribution of volumetric content.
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Avatour Technolgies, Inc., which provides a solution for generating and distributing 360-degree 3D spatial images
Itochu Enex Co., Ltd. acquired a stake in WP Energy Public Company Limited, a distributor of liquefied petroleum gas in Thailand.
Seiko Epson Corporation and Yamato Holdings Co., Ltd. invested in SiLC Technologies, Inc., a U.S. start-up focusing on photonic sensor and 3D imaging applications.
Datasection Inc. decided to pay 110 million yen to increase its stake in Alianza Follow Up S.A.S. from 51% to 100%. The target is a company in Colombia that develops business intelligence software for retailers.
V Technology Co., Ltd. decided to pay 1 billion yen to increase its stake in Veton Tech Limited from 50% to 100%. The target is a company in Hong Kong that sells products and services related to the manufacture of electronic devices.
IHI Corporation decided to invest in NuScale Power, LLC., a U.S. company that designs and markets small modular reactors.
Toyota Tsusho Corporation decided to invest in AiCare Group, Inc., a company in Kenya that develops technology to calculate the risk of accidents for drivers and to quantify the risk score for automobile insurance products, using Artificial Intelligence (AI).
April 2021
Sony Group Corporation has entered into an agreement to acquire a Brazilian independent music company, Som Livre, for BRL1,438 million.
VT Holdings Co., Ltd. decided to acquire Caterham Cars Group Limited, a UK-based holding company of automobile manufacturer and maintenance service provider.
LINTEC Corporation has entered into an agreement to acquire Duramark Products, Inc. for USD60 million, which is a US-based manufacturer of self-adhesive materials.
Internet Initiative Japan Inc. acquired PTC System (S) Pte Ltd, a Singapore-based IT System Integrator, for 44 million.
Sanwa Holdings Corporation acquired Won-Door Corporation that offers accordion-style fire and security door solutions in the US.
Marubeni Corporation has entered into an agreement to acquire Remacan Industries Inc., a Canada-based distributor of conveyor belting, rubber and urethane molded products, and corrosion and abrasion resistant linings.
Nikon Corporation acquired a majority stake in Morf3D Inc., a US-based provider of metal additive manufacturing (AM) solutions specializing in advanced manufacturing and engineering for the aerospace, defense, and space industry.
JGC Holdings Corporation decided to invest USD40 million in NuScale Power, LLC, a US-based company that designs and markets small modular reactors.
Softbank Group Corp. has entered into an agreement to acquire 40% of AutoStore for $2.8 billion from funds affiliated with Thomas H. Lee Partners, L.P., and EQT Private Equity among other shareholders. AutoStore is a Norway-based robotics and software company.
Kato Sangyo Co., Ltd. has entered into an agreement to invest in Song Ma Retail Joint Stock Company, an importer and distributor of consumer goods in Vietnam.
Fujitsu acquired Versor Proprietary Limited, an Australia-based digital innovation consulting services company.
Fuji Oil Co., Ltd. decided to invest in a fund managed by UNOVIS Asset Management B.V., an investment firm in the Netherlands that partners with entrepreneurs developing innovative plant-based and cultivated replacements for animal products.
RareJob Inc. decided to increase its investment in:
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Globish Academia (Thailand) Company Limited, an online English tutorial service operator in Thailand
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Multibhashi Solutions Pvt Ltd., which operates an eponymous mobile application for teaching English and Indian languages in India.
Creek & River Co., Ltd. invested in Digital Entertainment Asset Pte.Ltd., a Singapore-based company that operates entertainment businesses based on blockchain technology.
Mitsui Sumitomo Insurance Co., Ltd. has entered into an agreement to acquire U.S. managing general agency International Transportation and Marine Office, LLC.
Mitsubishi Research Institute, Inc. invested in ForePaaS SAS, a France-based company that offers a multi-cloud and automated platform as a service to scale data analytics applications.
Sumitomo Mitsui Banking Corporation invested in TradeIX Limited, an Ireland-based company that offers open and distributed technology solutions focused on trade and working capital finance.
Mitsubishi Heavy Industries invested in Starfire Energy Inc., a U.S. company that develops modular systems to produce carbon-free NH3.
Meiji Holdings Co., Ltd. decided to a fund managed by Big Ideas Ventures LLC in the U.S., which focuses on early-stage alternative protein investments.
Digital Media Professionals Inc. decided to invest USD370,000 in Cambrian Inc., a U.S. company that develops vision systems for collaborative robots.
MG Leasing Corporation acquired a 36.4% stake in Auxilior Capital Partners, Inc., a US-based provider of equipment financing and leasing services and loans for new and used equipment acquisition.
Asahi Intecc Co., Ltd. decided to invest:
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USD27.5 million to acquire Rev. 1 Engineering for, a US-based company that specializes in the design and development of complex, minimally invasive, interventional medical devices;
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USD23 million to acquire Pathways Medical Corporation, a US-based company that develops accurate and efficient point-of-care reference tools; and
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EUR28 million to acquire a 70% stake in KARDIA S.R.L., a distributor of the medical device in Italy.
Yamabiko Corporation decided to increase its stake in Yamabiko Europe SA in Belgium from 61% to 100%.
Sony Group Corporation invested an additional USD200 million in Epic Games, Inc., a video game and software developer, and publisher based in the US.
Nakashima Propeller Co., Ltd. acquired a majority stake in the German shipbuilding supplier Becker Marine Systems GmbH.
Asahi Kasei Corporation decided to acquire Respicardia, Inc., a U.S. company that offers an implantable, non-mask therapy designed for adult patients with moderate to severe central sleep apnea.
Noritsu Koki Co., Ltd. decided to acquire PEAG, LLC dba JLab Audio for JPY35 billion., a US company that designs and sells personal audio devices and technology products.
M3, Inc. acquired One Health Communications Holdings, a specialist healthcare communications agency in the UK.
Outsourcing Inc. decided to acquire California Pacific Technical Services LLC, a US company that offers communications facility installation and maintenance services.
Kurita Water Industries Ltd. acquired Keytech Water Management, a Canada-based company specializing in the supply of water treatment chemicals, equipment systems, and related services.
Tokio Marine Holdings, Inc. has entered into an agreement to acquire Standard Security Life Insurance Company of New York for USD180 million, which is a U.S.-based provider of disability insurance.
Asahi Kasei Homes Corp. has entered into an agreement to increase its stake in McDonald Jones Homes Pty Ltd, a home builder in Australia, from 40% to 80%.
GMO GlobalSign HD K.K. decided to acquire 4 Business Solutions Consultoria Eireli for JPY33 million, a Brazil-based company that offers digital certificates and SAP consulting services.
SBI Holdings, Inc. has entered into an agreement to acquire an 86% stake in FerroSens GmbH, a Germany-based company that has developed proprietary technology that allows reliable non-invasive detection of iron deficiency.
Axelmark Inc. announced its investment in Ascella Biosystems, Inc. in the U.S, an early-stage diagnostics company focused on the development and commercialization of a rapid handheld viral molecular RNA testing system.
Panasonic Corporation decided to increase its stake in Blue Yonder Group, Inc., a U.S. software and consultancy company, providing supply chain management, from 20% to 100%. In this deal, USD5.6 billion will be paid by Panasonic to New Mountain Capital and the Blackstone Group.
Daido Steel Co., Ltd. has entered into an agreement to acquire TimkenSteel Shanghai Corporation Ltd., a distributor of steel products in China.
Bridgestone Corporation has entered into an agreement to acquire Otraco International Pty Ltd, an Australia-based company that provides earthmover off-the-road tire management services. The price will be around AUD79 million.
Jakore Inc., Ever Brew K.K., and DIC Corporation invested in Vaxa Technologies Ltd., a company in Israel that developed a patented technology for sustainable indoor microalgae cultivation for the production of omega-3 fatty acids.
Sojitz Corporation will invest in Universal Hydrogen Co., a U.S. company that develops and commercializes hydrogen-fueled aircraft and hydrogen supply networks for aircraft.
Techno Horizon Co., Ltd. decided to acquire the following four companies for a combined price of For JPY2.4 billion:
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Pacific Tech Pte. Ltd. in Singapore (provider of network/cybersecurity and data protection/ continuity solutions to various market verticals in the ASEAN region.
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Pactec MSP Pte. Ltd. in Singapore (provider of information technology, computer service, and disaster recovery services)
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Pacific Intech Distribution Sdn. Bhd. in Malaysia (a subsidiary of Pacific Tech Pte Ltd Singapore)
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Pacific Tech (Thailand) Co., Ltd. in Thailand (also a subsidiary of Pacific Tech Pte Ltd Singapore)
Toyota Motor Corporation has entered into an agreement to pay USD550 million to Lyft, Inc. to acquire the Level 5 business. Level 5 develops a self-driving system for the network of Lyft, Inc., a U.S.-based provider of a mobile app, offering vehicles for hire, motorized scooters, a bicycle-sharing system, and food delivery.
EPS Holdings, Inc. has entered into an agreement to acquire a 75% stake in Speed Apparel Holding Limited, an apparel supply chain management services provider in Hong Kong, for HKD5,270 million.
Nipro Corporation acquired a 70% stake in two companies, both of which operate a dialysis center in China.
Yagi & Co.,Ltd. increased its stake in Lingble Inc. that offers an all-in-one e-commerce solution, operated by Lingble Pte. Ltd. in Singapore.
Sumitomo Corporation invested in Sunseap Group Pte. Ltd., a renewable and solar energy company in Singapore.
Sumitomo Mitsui Financial Group, Inc. decided to acquire a 49% stake in VPBank Finance Company Limited, a consumer finance company in Vietnam.
Kadokawa Corporation acquired JNovel Club LLC, a U.S. digital publishing company specializing in the publication of Japanese light novels in English.
March 2021
Olympus Corporation announced its decision to increase its stake in Medi-Tate Ltd., a medical equipment manufacturer in Israel, from 20 percent to 100 percent for USD260 million.
GxPartners LLP invested in FiduciaEdge Technologies Co., Ltd., a Taiwan-based developer of edge security solutions for an IT environment.
Mitsui & Co., Ltd. announced its acquisition of a 15.4% stake in Storegga Geotechnologies Limited, a low-carbon project delivery business in the UK.
Sumitomo Corporation invested in Classiq Ltd, a quantum software developer in Israel.
Tokyo Century Corporation has entered into an agreement to invest in Volocopter GmbH, a developer of flying cars in Germany.
The abovementioned Tokyo Century Corporation also decided to increase its stake in NTT Global Data Centers NAV2 Private Limited to 99.9% for INR10,285 million, which is an India-based IT services and equipment leasing company.
ShinMaywa Industries, Ltd. decided to increase its stake in TurboMAX Co., Ltd, a manufacturer of Air Suspension Turbine Machinery in South Korea, from 5.9 percent to 81 percent.
Orix Corporation acquired a 21.8 percent stake in Greenko Energy Holdings for USD961 million, which is an India-based company that owns manufacturers of wind, hydro, and solar energy generation machinery.
Marubeni Corporation invested in Skeleton Technologies Group OÜ, a manufacturer of ultracapacitors in Estonia.
Digital Hearts Holdings Co., Ltd. decided to acquire Metaps Entertainment Limited. Metaps Entertainment is based in China and has branches in Singapore, Hong Kong, Taipei, and Tokyo.
The abovementioned Digital Hearts Holdings Co., Ltd. also decided to acquire a 61.2% stake in MK Partners, Inc., a U.S. company that provides system consulting services, focusing on Salesforce implementation, maintenance, and operation.
The Chugoku Electric Power Co., Inc. and Chudenko Corporation acquired a 25% stake in Shin Fong Power Co., Ltd., a hydroelectric power generation company in Taiwan.
NTT Docomo Ventures, Inc. invested in Crosser Technologies AB that offers edge computing platforms in Sweden.
Sojitz Corporation acquired Southwest Rail Industries Inc. that offers full-service leasing of rail cars in the US.
Takeda Pharmaceutical Company Limited acquired US-based Maverick Therapeutics Inc. for USD525 million, which develops conditionally active bispecific T-cell targeted immunotherapies.
Shinsei Bank had agreed to acquire a 10% interest in Latitude Financial Services, an Australian consumer finance company, for A$300 million. The current owners are Värde Partners, KKR, and Deutsche Bank.
Nomura Research Institute, Ltd. decided to acquire the Australia-based holding company of Planit Test Management Solutions Pty Ltd that offers testing services for IT systems.
Shikoku Electric Power Company, Inc. invested in LO3 Energy Inc., a US-based energy technology company that makes use of a P2P energy platform for the trading of energy.
Fuva Brain Limited decided to invest USD200,000 in Singapore-based Digital Entertainment Asset Pte. Ltd. that develops a new blockchain-utilizing platform enterprise set.
Penta-Ocean Construction Co. Ltd. has entered into an agreement to acquire a 28.8% stake in Koh Brothers Eco Engineering Ltd. for SGD38,070,000, which is a Singapore-based engineering solutions group that provides engineering, procurement, and construction (EPC) services for water and wastewater treatment, hydro-engineering, bio-refinery, and bio-energy projects.
Itochu Corporation announced that it:
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invested in Farmer Connect SA, a Switzerland-based tech startup that builds farm-to-consumer traceability solutions using Blockchain technology.
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acquired a 19% stake in Taiwan Pelican Express Co., Ltd. that offers courier delivery services in Taiwan, and
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increased its stake in Provence Huiles S.A.S. to 100 percent, which manufactures edible oils in France.
Nippon Paint Holdings Co., Ltd. has entered into an agreement to acquire a 75% stake in Vital Technical Sdn. Bhd., a manufacturer of adhesive, sealant, and waterproofing materials in Malaysia.
SBI Holdings, Inc. has entered into an agreement to acquire a 4.85% stake RootAnt Global Pte. Ltd., a blockchain supply chain finance firm in Singapore.
Macbee Planet, Inc. has entered into an agreement to acquire a 99.9% stake in Sambar Lab PH Inc., a technology company in the Philippines.
Info Mart Corporation and Mitsui & Co., Ltd. have entered into an agreement to acquire a 30% stake in Beijing Bojunyouxuan Technology Co., Ltd., a food technology company in China.
Mitsui O.S.K. Lines, Ltd. announced its investment in Larvik Shipping AS, a Norway-based operator of industrial liquefied CO2 vessels.
Enechange Ltd. decided to increase its stake in SMAP Energy Limited, a UK-based developer of a SaaS solution that allows utilities to analyze energy consumption data using advanced machine learning techniques.
Yamaha Motor Co., Ltd. invested in Siren Marine, Inc., a US company that has smart boat technology.
Toyota Motor Corporation, together with Robert Bosch GmbH and other companies, invested USD500 million in Momenta in China, which is in the self-driving cars industry.
Hokuriku Electric Power Company acquired a 19.6% interest in Fujairah F3 natural gas-fired power plant in the United Arab Emirates.
The Chugoku Electric Power Co., Inc. has entered into an agreement to acquire a 44% stake in Energy Fiji Limited, an electricity company in the Republic of Fiji.
STG Co., Ltd. decided to acquire STX Precision (JB) SDN. BHD. for JPY764 million, which is a Malaysia-based manufacturer of precision metal parts and components using high-pressure die-casting of aluminum and zinc alloys.
The Nexon Co., Ltd. disclosed its investment in Hasbro, Inc., a US-based multinational conglomerate with toy, board game, and media assets.
Hitachi Ltd. decided to acquire GlobalLogic Inc., a US-based digital engineering services company, for USD8.5 billion.
DyDo Group Holdings, Inc. decided to increase its stake in Della Gıda Sanayi ve Ticaret A.Ş. and Bahar Su Sanayi ve Ticaret A.Ş., both from 90% to 100%, for the combined price of TRY84 million. These are beverage manufacturers in Turkey.
Toho Gas Co., Ltd. decided to acquire Diamond LNG Canada Investment Ltd. that operates a liquefied natural gas business in Canada.
February 2021
Rix Corporation has entered into an agreement to acquire Huskin Machinery Company, a US-based company that provides fabrications and machining services, for USD3 million.
Sanei Architecture Planning Co., Ltd. decided to acquire a majority stake in Alpha Construction Co. Inc., a construction company in the US.
Terumo Corporation has entered into an agreement to acquire Health Outcomes Sciences, Inc, a US-based company that specializes in predictive analytics and clinical decision support.
Aica Kogyo Company, Limited has entered into an agreement to acquire a 70 percent stake in Adtek Consolidated Sdn. Bhd, a Malaysia-based supplier to the hot melt adhesive market, for about USD28 million.
Striders Corporation invested in PT Horizon Internusa Persada, which provides online accommodation booking services in Indonesia.
Pan Pacific International Holdings Corporation announced its decision to acquire GRCY Holdings, Inc. which owns the supermarket chain, Gelson’s in the US.
SBI Holdings, Inc. decided to invest in Sygnum Bank AG, a digital asset bank in Switzerland.
Meidensha Corporation announced its investment in Elmodis Sp. z o.o., a company based in Poland, which offers IoT-based remote monitoring and diagnosis services for motors and load equipment.
PRAP Japan, Inc. acquired Wild Advertising & Marketing Pte. Ltd., an advertising and marketing company in Singapore.
ELAN Corporation decided to invest in Quick Smart Wash Pvt. Ltd., a provider of hospital laundry service in India.
Mitsubishi Heavy Industries, Ltd. invested in US-based C-Zero Inc., a tech startup that has decarbonization technology, which will allow industrial natural gas consumers to avoid producing CO2.
KDDI Corporation acquired a stake in Station Digital Media, Inc. a US-based vendor providing applications and products for connected services.
It was announced that Softbank Group Corp. will invest USD900 million in convertible senior notes issued by Pacific Biosciences of California, Inc., a US-based developer and manufacturer of systems for gene sequencing.
KDDI Corporation invested in Swift Navigation Inc. a high-precision positioning technology company in the US.
Renesas Electronics Corporation has entered into an agreement to acquire Dialog Semiconductor Plc, a UK-domiciled manufacturer of semiconductor-based system solutions, for EUR 4,886 million.
Yurtec Corporation decided to buy the remaining minority interests of its subsidiary, Sigma Engineering JSC, a specialist mechanical and electrical (M&E) engineering service provider in Vietnam.
Showa Denko K.K. acquired a 50 percent stake in AMI Automation a Mexico-based automation and control solutions company.
NEXTY Electronics Corporation announced its investment in Smart Radar System Inc., a provider of radar sensor-based solutions and applications in South Korea.
HORIBA, Ltd. announced its acquisition of MedTest Holdings, Inc. a US-based manufacturer of medical products, and four of its group companies.
Sumitomo Forestry Co., Ltd. has entered into an agreement to acquire CDL homes, Inc., a real estate operating company in the US.
Sony Corporation acquired AWAL (digital music distributor) and Kobalt Neighbouring Rights (neighboring rights agent) businesses for USD430 million from Kobalt Music Group Limited in the US.
January 2021
Mitsubishi Corporation has entered into an agreement to acquire a stake in CarbonCure Technologies Inc., a Canada-based technology company that introduces recycled CO₂ into fresh concrete to reduce its carbon footprint.
FINDEX Inc. announced its decision to invest in Digital Entertainment Asset Pte. Ltd., a Singapore-based blockchain entertainment business.
Kubota Corporation invested in Tevel Aerobotics Technologies Ltd., an agricultural drone manufacturer in Israel.
Mitsubishi Heavy Industries, Ltd. invested in Infinium, a renewable fuel company in the US.
Sumitomo Corporation acquired Aver Asia (S) Pte Ltd, a wholesaler of industrial machinery and equipment in Singapore.
Avant Corporation announced its decision to acquire a stake in Metapraxis Limited, a financial analytics technology company in the UK.
NTT DATA Corporation has entered into an agreement to acquire a majority stake in My Supply Chain Group, LLC, a US-based provider of Service Chain process re-engineering and application implementation services.
SystemGear Vietnam Co., Ltd. acquired HCS Vietnam Co., LTD., a provider of computer outsourcing services and custom-software developer in Vietnam.
Sangetsu Corporation increased its stake in Goodrich Global Holdings Pte., Ltd., a company that wholesales and distributes home furnishings and housewares in Singapore, from 70 percent to 100 percent.
Datasection Inc. has entered into an agreement to acquire a majority stake in INTELIGENXIA S.A., a Chile-based company that offers image analysis solutions for in-store cameras.
Toyota Tsusho Corporation acquired a 35 percent stake in Northern Electricity Development & Investment Joint Stock Company No.2, a Vietnam-based company operating in the energy industry.
Vertex Partners Inc. invested in AccuChain, Inc. a US human resource technology company developing a resume validation and recruitment platform.
AnGes, Inc., acquired EmendoBio, Inc., a CRISPR gene-editing company headquartered in the US for $250 million.
Maruha Nichiro Corporation announced its decision to acquire a majority stake in Sai Gon Food Joint Stock Company, a processor of seafood in Vietnam.
Ability Center Inc. acquired shares of CXL Executive Sdn. Bhd. and CXL Solutions Sdn. Bhd., human resources companies in Malaysia.
Meritech Co., Ltd. announced its decision to acquire a majority stake in Eoxys Systems India Pvt. Ltd., an IoT product engineering company in India.
Itochu Corporation acquired the manufacturing business of pipes for wire mesh fences from Midwest Tube Mills Inc. in the US.
Nintendo Co., Ltd. has entered into an agreement to buy the remaining minority interests of Next Level Games Inc., a video game developer in Canada.
NEC Corporation entered into an agreement to acquire Charter Systems Ltd, a UK-based supplier of Covert Operations software to police services.
GNI Group Ltd. announced its decision to increase its stake in Berkeley Advanced Biomaterials LLC, a US-based supplier of hydroxyapatite and bone tissue for orthopedic and biomedical research. The acquisition will be paid in stock worth USD 37.7 million.
December 2020
ORIX Corporation has entered into an agreement to purchase an 80 percent stake in Elawan Energy S.L., a renewable energy company headquartered in Spain.
Ajinomoto Co., Inc. acquired Nualtra Limited, a medical nutrition company in Ireland.
en-japan inc. decided to establish an organization to invest up to 10 billion yen in startups in China and the US.
AUTOBACS SEVEN Co., Ltd. increased its stake in a Thai-based affiliate, SIAM AUTOBACS Co., Ltd. from 11.71 percent to 23.48 percent.
Nippon Steel Corporation has entered into an agreement to increase its stake in Siam Tinplate Co., Ltd. to 90%, which offers metal coating and allied services in Thailand.
Rengo Co., Ltd. acquired a 94.11 percent stake in Bien Hoa Packaging Joint Stock Company, a manufacturer of corrugated paper and paper containers in Vietnam.
T. Hasegawa Co., Ltd. announced its decision to acquire Mission Flavors & Fragrances, Inc. for USD127.5 million, which is a US manufacturer of custom and on trend flavor solutions for the food & beverage industries.
Poletowin Pitcrew Holdings, Inc. announced its decision to pay USD 6 million to acquire the business of 5518 Studios, Inc., an art production house in the US.
Ebara Corporation has entered into an agreement to acquire Çiğli Su Teknolojileri A.Ş., a pump manufacturer in Turkey, its subsidiary and its grandchild company for USD108 million.
Samty Co., Ltd. has entered into an agreement to acquire a 90 percent stake in S-vin Vietnam Real Estate Trading Joint Stock Company, a real-estate developer in Vietnam, for VND 3,273 billion.
Eurus Energy Holdings Corporation announced its decision to acquire a 40 percent stake in Helios Green Energy, a holding company of a photovoltaic power plant operator in Taiwan.
Sompo International Holdings Ltd. acquired W. Brown & Associates Insurance Services, a US-based company that offers insurance products and services for the aviation industry.
M3, Inc. acquired MonEcho SARL, a France-based firm that provides software for automatic generation of ultrasound result reports.
SoftBank Corp. invested USD10 million in Dialpad, Inc., a US company that offers cloud-based business phone systems.
SBI Financial Services Co., Ltd. acquired a 90 percent stake in B2C2 Limited, a cryptocurrency market-making firm in the UK.
C Channel Corporation announced its decision to increase its stake in LUCE Networks, an e-commerce company in China, from 51 percent to 100 percent.
System Location Co., Ltd. announced its decision to acquire a 70% stake in Value abel Co.,Ltd. for KRW 350 million, a Korean company that develops automobile-related content and offers system services to automobile-related businesses.
Teijin Limited has entered into an agreement to pay 308.7 million yuan to purchase additional shares of CSP Victall (Tangshan) Structural Composites Co., Ltd., a China-based company that develops raw materials and finished products of glass fiber reinforced composite materials. After the purchase, Teijin’s stake will be 100%.
NTT DATA Corporation has entered into an agreement to acquire Hashmap, Inc., a US-based firm that supports customers' use of data analytics based on expertise in cloud-based data platforms.
Ferrotec Holdings Corporation acquired MeiVac,Inc., a US manufacturer of thin-film manufacturing systems, components, and process solutions.
NSK Ltd. announced its acquisition of the Condition Monitoring Solutions business of Spectris Plc. in the UK for €169 million.
Kubota Corporation announced its investment in SeeTree Systems Ltd. in Israel, which provides the service of checking the health of orchards using AI and drones.
Sony Corporation acquired Ellation Holdings, Inc., a US anime business operator, for USD1.18 billion.
ITOCHU Corporation acquired Bay4 Energy Services, LLC that provides operation, maintenance, and asset management services for solar power plants in the US.
SBI Holdings, Inc. announced its investment in DataRobot, Inc., a US-based automated machine learning platform for business analysts and data scientists.
Olympus Corporation signed an agreement to acquire Veran Medical Technologies, Inc., a US-based medical device maker.
Digital Wallet Corporation acquired a remittance service provider in Canada.
ORIX Corporation has entered into an agreement to purchase a 70% stake in Gravis Capital Management Ltd., an independent asset management company headquartered in the UK.
Arisawa Manufacturing Co.,Ltd. decided to make a tender offer to acquire the minority shareholeders’ interests in its subsidiary, ThinFlex Corporation, a Taiwan-based manufacture of flexible copper clad laminates (FCCL) and coverlays (CL) used for flexible printed circuit (FPC) board manufacturing.
Denzai group acquired a 71 percent stake in Huationg Holdings Pte. Ltd., a heavy lift and haulage service provider in Singapore.
MEDIA DO Co., Ltd. acquired a minority interest of Entertainment Asset Pte. Ltd., which develops software and offers digital entertainment and assets services in Singapore.
Mitsubishi Heavy Industries, Ltd. invested in Monolith Materials, Inc., a US company that converts natural gas to carbon black in an environmentally advantaged manner.
November 2020
Mitsubishi UFJ Lease & Finance Co., Ltd. acquired onshore wind farms in Ireland from Brookfield Renewable Partners LP.
Konica Minolta, Inc. announced its acquisition of Specim, Spectral Imaging Oy Ltd., a developer and manufacturer of hyperspectral imaging cameras in Finland.
Mitsui & Co., Ltd. announced its acquisition of a 75% stake in Totam Seeds B.V., a seed breeding company of tomato seeds in the Netherlands.
TOKYO GAS Co., Ltd. acquired 33.4％ and 18％ stakes in PT Super Energy and PT Energy Mina Abadi, respectively, which are gas suppliers in Indonesia.
Mitsubishi Heavy Industries, Ltd. announced its investment in H2U Investments, the holding company of The Hydrogen Utility (H2U) that develops green hydrogen and green ammonia projects using power derived from renewable energy sources in Australia.
PeptiDream Inc., as a milestone fee, received equity shares from RayzeBio Inc., a US developer of radiopharmaceuticals for cancer.
TOKYO GAS Co., Ltd. invested in Heila Technologies Inc., a US company that develops systems to integrate and control a wide variety of distributed energy resources such as solar power and gas generators.
Sojitz Corporation acquired a 33.46％ stake in TDA Holdings B.V., a distributor of used aircraft parts in the Netherlands.
ITOCHU Corporation invested in Zapata Computing, Inc., a quantum computing software company in the US.
Mitsui Sumitomo Insurance Co., Ltd. announced its investment in Direct Insurance - Financial Investments Ltd., an insurance group in Israel.
Sumitomo Mitsui Banking Corporation invested ￡23 million in Oak North Holdings Limited, a provider of credit analysis models in the UK.
Marubeni Corporation announced its investment in AND Global Pte. Ltd., a FinTech company in Singapore.
House Foods Group Inc. increased its stake in Flavorful Brands, LLC to 25%, which is a value-added vegetable brand marketing company in the US.
Sony Pictures Digital Productions Inc. announced its acquisition of Pure Flix, an evangelical Christian film production and distribution studio in the US.
BASE Inc. and Gunosy Inc. invested in Instamojo Inc., an operator of an e-commerce website in India.
Hitachi High-Tech Corporation acquired VLC Photonics S.L., a provider of Photonic Integrated Circuit (PIC) design, test, and engineering services in Spain.
ITOCHU Corporation acquired a 65 percent stake in Environment Development Company, a provider of environmental management services including, hazardous waste management, environmental engineering, and analytical services, in Saudi Arabia.
Yamaha Motor Co., Ltd. announced its investment in Canvass Analytics Inc., an information technology company in Canada.
METAWATER Co., Ltd. increased its stake in Rood Wit Blauw Holding B.V. from 24.7% to 100%, which is a water treatment engineering company in the Netherlands.
AnGes, Inc. announced its decision to invest 14.2 billion yen in EmendoBio Inc., increasing its stake from 40% to 100%. The acquired company is based in the US, and a leader in next-generation gene editing using synthetic biology to address untreatable diseases.
JFE Engineering Corporation acquired a 3.87 percent stake in Binh Duong Water Environment Joint Stock Company, a Vietnam-based company primarily engaged in the water utility sector.
Freund Corporation acquired Cos.Mec S.r.l. for 1.2 billion yen, which is a manufacturer of pharmaceutical machinery in Italy.
NYK Line increased its stake in LLC Rolf Logistic to 100%, which is a Russian provider of finished vehicle transportation services, including marine transportation and inland logistics.
Outsourcing Inc. announced its acquisition of Cpl Resources plc for €318 million, which is a human resources company in Ireland.
Gexeed Co., Ltd. announced its investment in FortyTwo, a digital marketing company in China.
Mitsubishi Corporation invested in WiTricity Corporation, a developer of wireless power platforms in the US.
Olympus Corporation acquired FH ORTHO SAS, a company that develops, manufactures, and sells orthopedic instruments, headquartered in France.
October 2020
Aioi Nissay Dowa Insurance Company, Limited announced its plan to invest one billion yen in Mind Foundry Limited, a software company that provides an automated data science platform and offers machine learning workshops and customer success, and consulting services to investment firms, telecommunication providers, and life science companies in the UK.
Sumitomo Forestry Co., Ltd. acquired the business of Builders Professional Group, LLC, a housing construction company in the US.
Teikoku Piston Ring Co., Ltd. announced its decision to invest in AQUARIUS Engines (A.M.) Ltd., a developer of engines in Israel.
Kokusai Pulp & Paper Co., Ltd. announced its acquisition of Antalis S.A., a distributor of paper, for EUR7.5 million in France.
Toho Holdings Co., invested in Drawbridge Health, Inc., a healthcare technology company in the US.
Mitsubishi Materials Corporation announced a USD90 million investment in Masan High-Tech Materials Corporation, a supplier of critical minerals including tungsten, fluorspar, and bismuth in Vietnam.
Tamagawa Holdings Co., Ltd. announced its acquisition of an 8.5 percent stake in TMY Technology Inc. for TWD9,999,976, which is a company that provides mmWave solutions for 5G and satellite communications in Taiwan.
SECOM Co., Ltd. acquired Adt Services (M) SDN. BHD. and ADT Integrated Security Solutions PTE. LTD., providers of security systems for homes and businesses, in Malaysia and Singapore, respectively.
NYK Line increased its stake from 20 percent to 100 percent of Gazocean, a ship operator that transports liquefied natural gas based in France.
Medical Net, Inc. announced its acquisition of Pacific Dental Care Co., Ltd. for 16 million in Thai Baht, which is an operator of dentistry clinics and hospitals in Thailand.
Mobcast Holdings Inc. invested 481 million yen to increase its stake in Enhance Experience, Inc. to 19 percent, which is a game developer in the US.
Hakuhodo DY Holdings Inc. acquired a 25 percent stake in Public Digital Ltd., a digital transformation consultancy in the UK.
Musashi Seimitsu Industry Co., Ltd. announced its additional investment in Zimeno Inc., a venture firm that develops small-sized EV tractors for agriculture in the US.
Nakanishi Inc. announced its acquisition of a 33 percent stake in DCI International, LLC., a manufacturer of dental equipment and parts in the US.
Tomy Company Ltd. acquired Fat Brain Holdings, LLC for USD41 million, which is a manufacturer of children’s toys, games, and gifts in the US.
The sellers were Winona FB, LLC, a private equity firm, FB HoldCo, LLC, and FBTC HoldCo, LLC.
Striders Corporation announced its investment in Attention Holdings Pte. Ltd., the parent company of an esports organization in Singapore.
Hitachi Ltd. invested TWD3 billion in Yungtay Engineering Co., Ltd., a manufacturer of elevators in Taiwan. This increased Hitachi’s stake from 41.1 percent to 51.1 percent.
Mitsubishi Heavy Industries, Ltd. announced its investment in HydrogenPro AS, a company engaged in the engineering industry and providing expertise in the hydrogen and renewable energy industry based in Norway.
Astellas Pharma Inc. announced its USD127.5 million investment to acquire the entire stake in Iota Biosciences, Inc., a bioelectronic medicine company in the US.
Kyoshin Co., Ltd. announced its acquisition of SELC Australia Pty Ltd for 10 million yen, which is an operator of language schools and vocational schools in Australia.
Toyo Seikan Group Holdings, Ltd. announced its investment in Shiok Meats, a venture that develops cultivated shrimp products in Singapore.
Nissin Foods Holdings Co., Ltd. announced that it will increase its stake in RHQ-Asia in Thailand.
Toda Corporation announced its acquisition of a 40 percent stake in PT Tatamulia Nusantara Indah, a constructor in Indonesia.
Vision Inc. announced its acquisition of HORIZON WiFi, a provider of WiFi rental service in Taiwan.
Danto Holdings Corporation announced its acquisition of a 16.5 percent stake in Lodasoft, LLC for USD5 million, which is a developer of mortgage task automation software in the US.
NTT DOCOMO Ventures, Inc. announced its investment in GeoSpock Ltd, a developer of fast analysis platforms for ultra-large-scale data in the UK.
NEC Corporation announced the acquisition of 100% of Avaloq’s shares for CHF2.05 billion. Avaloq is a Swiss-based global leader in digital banking solutions. 45% of Avaloq’s shares are owned by Warburg Pincus LLC., while the rest are held by Avaloq’s founder and employees.
September 2020
Kurita Water Industries, the largest manufacturer and developer of water treatment facilities and chemicals in Japan, agreed to purchase a 51-percent stake in Aqua Chemie DMCC in the United Arab Emirates.
Dai-ichi Life Holdings, the third-largest insurer in Japan announced that it had agreed to purchase an insurer Warranty Topco in the US.
August 2020
A Chinese arm of Hitachi Group closed the deal on August 26, 2020, to purchase Bot Lease (capitalized at USD 1.4 million) in Hong Kong.