Takeovers involving Japanese companies hit record high in 2022

Sony's Bungie purchase and Olympus' science business carve-out among big deals

20230103N Tokyo skyline

Japanese companies were involved in a record number of M&As last year, despite a global decline in the deals. (Photo by Mizuho Miyazaki)

SHIZUKA TANABE, TOKIO MURAKAMI and KENTARO TSUTSUMI, Nikkei staff writers

TOKYO -- The number of mergers and acquisitions involving Japanese companies reached a record high of 4,304 in 2022, contrasting with a global decline in such deals due to conflict in Europe and rising interest rates.

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