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Wary of global economy, Japan Inc gives cold shoulder to startups

Fears of a downturn drive big companies away from risky acquisitions

While Japanese companies largely curtailed deals involving startups in the first half, regenerative medicine was one area to attract a notable acquisition. (Photo by Shoya Okinaga)

TOKYO -- Japanese corporations are pumping the brakes on startup acquisitions, with the number of deals falling on the year in the January-June period for the first time in five years.

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