Japan's serial M&A hunters draw investors on Tokyo bourse

Hopes for quick growth and new synergies propel stock gains

20250324N nojima

Electronics retailer Nojima has pursued acquisitions in adjacent fields, including of personal computer brand Vaio. (Photo by Kento Hirashima)

YOSHIYUKI NAGAOKA

TOKYO -- Stocks in companies aggressively pursuing merger and acquisitions are rising on the Tokyo Stock Exchange, as investors see the deals rapidly lifting their earnings.

Game arcade operator Genda gained 4% on Monday, continuing its recovery from a dip in mid-March. The stock has risen 11% from the beginning of the year to roughly triple its listing price from July 2023.

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