Bain Capital, KKR bid for Fuji Soft ahead of Japan's '2025 digital cliff'

Demand to modernize systems surges as aging workforce is set to retire

20240904N Bain KKR Fuji Soft

Bain Capital has put forward a competing offer for Fuji Soft that tops a bid KKR made in August. (Source photos by Nikkei)

KAORU TAKATSUKI, Nikkei staff writer

TOKYO -- U.S. investment firms Bain Capital and KKR have entered a bidding war over Japanese systems developer Fuji Soft, as a looming shortage of digital developers next year is poised to open up business opportunities.

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