Financial Times (March 16)
“Some look at surging domestic mergers and a record Y10tn of outbound deals in 2015 and are convinced that the ministry, now known as Meti (the ministry of economy, trade and industry), has indeed recaptured some of its old magic. To them, recent talks to merge the PC units of Fujitsu and Toshiba, and Osaka Steel’s takeover of rival Tokyo Kohtetsu, show the ministry is running Japan Inc once again.”
Tags: Domestic mergers, Fujitsu, Japan Inc., METI, Osaka Steel, Outbound deals, Surging, Tokyo Kohtetsu, Toshiba
Bloomberg (July 26)
“Everyone from officials at the U.S. Treasury to punters in London trading pits to salarymen in Osaka are so ecstatic to see a Japanese leader acting boldly that they’ve forgotten to study his strategy. It’s great that Abe wants to shake Japan Inc. out of two decades of complacency. It’s equally important, though, that his fixes are the right ones and are implemented carefully.”
Tags: Abe, Bold, Japan, Japan Inc., Leader, London, Osaka, Salarymen, Strategy, Trading, Treasury, U.S.
