Takeda Pharmaceutical Co. Ltd. (TYO:4502) has recently made waves in the pharmaceutical industry with its move to acquire Irish-based drug manufacturer Shire PLC. President and CEO Christophe Weber recently took...
M&A
Interview: Takeda Pharmaceutical CEO Talks Shire Deal, Shifting Business Structure – Part 1
Takeda Pharmaceutical Co. Ltd. (TYO:4502) is bringing Irish-based drug manufacturer Shire PLC under its umbrella. Entailing an acquisition price of around 46 billion pounds ($62.4 billion), this is the largest...
Taiyo Holdings Looks to Produce Drugs In-House
Taiyo Holdings Co. Ltd. (TYO:4626) has acquired long-listed drug business operations from Chugai Pharmaceutical Co. Ltd. (TYO:4519), and plans to acquire its own factory within the fiscal year to produce...
Bayer Acquisition of Monsanto Speculated to be Nearing Completion
Bayer AG’s acquisition of Monsanto Co. appears to be imminent, observers suggest. Amid reports that U.S. antitrust authorities are set to follow the EU in granting approval, Bayer decided on...
Interview: Nisshinbo President Masaya Kawata Talks Expansion, Group Cross-Functionality
Nisshinbo Holdings Inc. (TYO:3105) has been working to transform itself like few others can, consistently branching out into new sectors while also shedding businesses that no longer fit into the...
Mitsui Chemicals to Strengthen Dental Business by Investing in US 3D Printer Company
Mitsui Chemicals Inc. (TYO:4183) has announced that it will acquire approximately 30 percent of all shares in B9Creations LLC, a 3D printer venture based in South Dakota, U.S. The two...
Toray Looks to Acquire Dutch Carbon Fiber Composite Maker TCAC
Toray Industries Inc. (TYO:3402) announced on March 15 that it will acquire Dutch-based TenCate Advanced Composites Holding BV (TCAC) for 930 million euros ($1.14 billion). A world-leading producer of thermoplastic...
Interview: Hitachi Chemical CEO Hisashi Maruyama Talks M&A, Capital Investments
Hitachi Chemical Co. Ltd. (TYO:4217) has not been shy of late in its pursuit of business expansion, making a series of M&A. Company CEO and president Hisashi Maruyama recently took...
Interview: Fujifilm President Kenji Sukeno Highlights Health Care as Major Growth Area
Fujifilm Holdings Corp. (TYO:4901) has been quite active on the M&A front this past year, adding new businesses and expanding current ones as it looks to remake itself. Company president...
Toyo Ink to Establish 100B Yen Core Business With New Medium-Term Plan
Toyo Ink SC Holdings Co. Ltd. (TYO:4634) is set to begin its three-year medium-term management plan, which marks fiscal 2020 as its final year. In addition to accelerating application development...
Mitsubishi Chemical Looks to Accelerate M&A Efforts in Performance Products
Mitsubishi Chemical Corp. is moving to accelerate its M&A strategies in the area of performance products. With an investment and loan framework of 1.7 trillion yen ($15.08 billion) established as...
DIC Eyes 300B Yen Strategic Investment Budget for Next Business Plan
DIC Corp. (TYO:4631) expects to allocate 300 billion yen ($2.64 billion) to strategic investments such as M&A in its next medium-term business plan, doubling the current plan’s 150 billion yen...
Materials and Chemical Companies Work to Bolster Business in Automotive Sector
Japan’s materials and chemical companies are making a big push to conduct M&A for automotive operations. The common aim of these manufacturers is to strengthen their marketing prowess with solutions...
Mitsui Chemicals to Acquire ARRK, Enhance Vehicle Development Support
Mitsui Chemicals Inc. (TYO:4183) has announced plans to acquire the Osaka-based ARRK Corp. (TYO:7873), Japan’s largest vehicle development support firm. Worth approximately 30.1 billion yen ($270 million), the takeover bid...
Nippon Paint Holdings Makes Bid to Acquire Axalta
Nippon Paint Holdings Co. Ltd. (TYO:4612) has initiated a potential acquisition of U.S.-based Axalta Coating Systems Ltd. If the deal goes through, it would roughly double Nippon Paint’s net sales...
Mitsubishi Chemical Prepares to Absorb Nippon Kasei Chemical
Mitsubishi Chemical Corp. has begun preparations for an absorption in April 2018 of Tokyo-based subsidiary and inorganic materials manufacturer Nippon Kasei Chemical Co. Ltd. The absorption-type merger will see Nippon...
Interview: Olympus CEO Discusses Strategy for Company’s Medical Solutions
As a top medical device manufacturer in Japan, Olympus Corp. (TYO:7733) has now set its sights on becoming a top player in the global medical field. The Chemical Daily recently...
Mitsui Chemicals to Acquire Asahi Kasei’s Sunvieo TPS Business
Mitsui Chemicals Inc. (TYO:4183) announced on Nov. 13 that it will acquire Asahi Kasei Corp.’s (TYO:3407) Sunvieo thermoplastic styrene elastomer (TPS) business. Applications for Asahi Kasei’s TPS resin include instrument...
Denka Shifts Management Focus to Specialty Businesses
Denka Co. Ltd. (TYO:4061) has allocated 60 billion yen ($528.37 million) for M&A and other strategic investments under the company’s recently announced five-year plan running through to fiscal 2022. Denka...
Agrochemical and Seed Sector Settles Down After Flurry of Industry-Wide Reshuffling
The landscape for the agrochemical and seed sector has now settled. The industry has experienced a major realignment of late, spurred by the decision at the end of fiscal 2015...
