Japanese Outbound Acquisitions

Explaining What Works
Softcover Nachdruck of the original 1. Auflage 2019
ISBN: 978-981-1346-19-4
Verlag: Springer Nature Singapore

Buch, Englisch, 275 Seiten, Paperback, Format (B × H): 148 mm x 210 mm, Gewicht: 391 g

This book reviews the past 116 Japanese outbound acquisitions in three decades and determines success and failure, with the goal of explaining what works. Dr. Matsumoto emphasizes that such acquisitions are part of a long-term strategy and should not be judged based short-term gains and losses, especially short-term changes in company stock prices. The book also highlights common pitfalls hidden within the expected benefits of these overseas acquisitions.

Dr. Matsumoto provides valuable insights for executives, corporate managers working on strategy, finance and overseas development, practitioners, researchers and MBA students trying to succeed in cross border merger and acquisitions using 16 case studies and careful investigation.

Zielgruppe

Research

Autoren/Hrsg.

Matsumoto, Shigeru

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Mergers & Acquisitions (M&A), Übernahmen & Buy-outs
• Wirtschaftswissenschaften Betriebswirtschaft Management Strategisches Management
• Wirtschaftswissenschaften Betriebswirtschaft Management Internationales Management

Inhaltsverzeichnis

1. Introduction.- 2. The Five Pitfalls.- 3. The Track Record of Japanese Companies.- 4. The Causes of Failure: Case Studies of Eight failed acquisitions ending in a sale or withdrawal at a loss.- 5. The Nature of Failure:.- 6. Case Studies of Eight Successful Deals that Realized Sustainable Profit Growth after Acquisitions.- 7. A model of M&A -– Lessons from IBM’s Local Company Management.- 8. What Should Be Done to Succeed?.- 9. Three Lessons for Success.

Über Autor(innen)

Shigeru Matsumoto, Professor, Graduate School of Management, Kyoto University, earned his Ph.D. from Kobe University. For his doctoral dissertation, he conducted an in-depth study of Japanese cross-border M&A. He also has an MBA from Thunderbird School of Global Management, which he attended on the US Fulbright Program. He has 20 years’ of experience in investment banking and advisory at global institutions, including HSBC (The Hong Kong Shanghai Banking Corp.), Macquarie Capital, and PricewaterhouseCoopers (PwC). He has served as an advisor on over 50 Japan-related cross-border M&A transactions in 20 countries, including the US, the UK, France, China, and Vietnam. In 2015, he won the 9th Grand Prize at the Mergers & Acquisition Forum for his recent publication on Japanese cross-border acquisitions.