20240917 Henry Kravis 14

Members of the KKR leadership team at a partner dinner in Tokyo. I first visited Japan in 1978, and we eventually set up a foothold in Tokyo almost three decades later.

A decade of perseverance: Henry Kravis (14)

Carving out noncore units from Japanese companies resistant to change

After exploring and evaluating opportunities to expand our business into Asia, we eventually established a foothold in Tokyo, in 2006.

One of the first things George (Roberts, co-founder) and I discussed was that establishing ourselves in Japan would require significant patience and a long-term view. I had a feeling that it would take a longer time for us to build a presence in Japan than in China, India or Southeast Asia. I firmly believed that unless we were prepared to spend a decade before doing our first deal in Japan, we should not open our office.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.