TOKYO -- The value of goodwill held by Japanese companies is soaring, but remains at comparatively low levels by global standards, making it easier for them to look overseas for growth through mergers and acquisitions than it is for their international peers.
The total value of goodwill, an intangible asset that results from one company buys another for a premium price, has grown 2.3-fold in the past 10 years as a result of an increase in the number of large-scale acquisitions.
