Japan
Regional update: A time to invest?
Is now the time to invest in Asia? This is a question that keeps popping up in my conversations with limited partners. Obviously, the simple answer can always be “yes.” That is if these LPs are able to locate and gain access to the fund managers that...
Sun Capital exits US-based ASB to Japan's Lixil
Sun Capital Partners has exited its stake in American Standard Brands (ASB), a US maker of bathroom and kitchen fixtures, to Japanese toilet manufacturer Lixil Corp. for $542 million. The deal values the 138 year-old firm at around $342 million and includes...
Untapped Japan VC market targets mobile space - AVCJ Japan
Japanese venture capital is still being overlooked by LPs despite the untapped potential of Asia's fastest growing mobile internet space, industry participants told the AVCJ Japan Forum.
Governance issues could undermine Japan's economic reforms - AVCJ Forum
Prime Minister Shinzo Abe’s economic reforms have provided a boost for Japanese private equity but issues surrounding corporate governance continue to be a barrier to opportunities, industry participants told the AVCJ Japan Forum.
Success of Abenomics hinges on deregulation – Orix
The success of economic reforms introduced by Japanese Prime Minister Shinzo Abe ultimately depend on his ability to deliver on structural reform, the third of his “three arrows” policy, according to Yoshihiko Miyauchi, CEO of Orix Corp. This observation...
Cerberus fails in challenge to Seibu board
Cerberus Capital Management failed to its attempt to assert more control over the management of railway and property group Seibu Holdings, as shareholders voted down the PE firm's plan to secure more board seats.
Japan's INCJ in cooperative talks with private equity
The government-backed Innovation Network Corporation of Japan (INCJ) has been in discussions with domestic and foreign private equity firms over joint investment strategies.
J-Star promotes Satoru Arakawa to partner
Japanese mid-cap buyout firm J-Star has promoted Satoru Arakawa to the position of partner.
Japanese, Chinese VCs provide $4.4m round for social site Muzy
The Silicon Valley-based venture capital arm of Japanese telecoms giant NTT Docomo, Docomo Capital, and Recruit Strategic Partners - the corporate VC arm of Japanese internet company Recruit Holdings - have teamed up with Chinese entrepreneurs to invest...
Japan divestments still strong despite 'double-edged sword' of Abenomics
Corporate divestments continue to be a strong source of buyout deal flow in Japan, regardless of the impact of recently introduced economic reforms, according to Richard Folsom, co-founder and CEO of domestic GP Advantage Partners.
Q&A: Advantage Partners' Richard Folsom
Advantage Partners has experienced more than its fair share of Japan's highs and lows. Now as the country embarks on a new economic experiment, co-founder and CEO Richard Folsom shares his views on the state of PE
Shogun diplomacy: Corporate management in Japan
History shows that Japan's corporate elites rarely take kindly to private equity knocking down their door. How can the outside investor best woo potential partners?
All smiles in Tokyo?
The timing of last year's AVCJ Japan Forum was perhaps fortuitous - a matter of days before the event Unison Capital announced that it agreed to sell sushi chain Akindo Sushiro to Permira for $1 billion.
Giant maintenance: PE and corporate Japan
Restructuring is a compelling story in Japanese private equity, but deal access is constrained by perception issues and government-linked competition. Will the there be anything left for foreign players?
Japan fundraising: Sink or swim?
Investor sentiment is gradually turning on Japan. The big buyout funds must convince LPs there is sufficient deal flow in their portion of the market; the smaller players must figure out how to talk to foreign LPs
Willing to travel: Japanese tech firms look overseas
Japanese technology companies are going overseas, through corporate venture capital investments, joint ventures or commitments to third-party managers, in search of new markets and innovations
Cerberus challenges Seibu management ahead of annual meeting
Cerberus Capital Management has publicly questioned the management of railway and property group Seibu Holdings in a bid to gain support for its shake up of the company's board at a shareholders meeting later this month.
J-Star to close Fund II at $200m by end-June
Japanese mid-market GP J-Star will reach a final close on its JPY20 billion ($210 million) second fund by the end of this month, sources familiar with the matter told AVCJ.
Gree Ventures, MIC back $6m round for Japanese software firm
Gree Ventures and Mobile Internet Capital (MIC) have taken part in a JPY625 million ($6 million) investment round for Accounting SaaS Japan (A-SaaS), a developer of cloud-based accounting software.
Japan's Marubeni scales back deal for PE-owned Gavilon
Marubeni has scaled back its offer for General Atlantic-owned US grain trader Gavilon by $1 billion after cutting the company's energy trading arm out of the deal.
JAIC, CyberAgent-backed dating site in Taiwan IPO
Sunfun Info, an online dating platform backed by Japan Asia Investment (JAIC) and CyberAgent Ventures, has debuted on the Taiwan over-the-counter Gre Tai Securities Market.
Japan government begins shake up of pension investments
The Japanese government will begin its overhaul of public pension investment strategies, potentially paving a way for more commitments to the private equity. The review will cover investment strategies, risk management, and measures to increase returns...
TEL Venture Capital invests in MIOX Corporation
TEL Venture Capital, the investment arm of Japanese semiconductor maker Tokyo Electron, has invested in US water technology company MOIX Corp. The details of the transaction were not disclosed.
Shinsei Bank backs Series B for Japan's Smart Education
Shinsei Corporate Investment (SCI), a unit of Japan's Shinsei Bank, has committed JPY75.3 million ($748,000) to educational smartphone app developer Smart Education. This brings the start-up's Series B round to a total of JPY350 million.