The most effective method to advance overseas
Although a Japanese company established a local subsidiary, it could be extremely difficult for the company to succeed in developing its business overseas due to foreign languages and cultures, different legal systems, different business practices, and competition from local companies.
In order to start up a business from scratch after that, various management resources (local organizations, human resources, networks, know-how, etc.) are required, making it very difficult for Japanese companies to do so.
M&A is the most effective means of overcoming these difficulties and enabling Japanese companies to survive and succeed in overseas operations within a short period of time.