Posted On: 01/23/2016 9:00:03 AM
Post# of 22463
Japan Inc. picks up the M&A baton again
Jan 7, 2016
Hideo Takasaki, the chief executive of Nitto Denko, the world’s biggest maker of optical films used on Apple’s iPhone screens, is looking hard at a list of overseas targets brought to him by both bankers and his employees.
Nitto Denko , like many Japanese parts suppliers needs new applications and markets from cars to health care to reduce its reliance on smartphone sales. The company has a budget of Y150 billion ($1.2bn) for M&A and other investments to be completed by the 2017-18 financial year. “We want to buy speed so we are willing to pay a premium,” Takasaki says.
http://gulfnews.com/business/sectors/features...-1.1650228
.....Japan has a different outlook for acquisitions. I hope QMC maintains its independence for years to come.
QMC will become Quite the Money Maker and better than Cash in the bank, imo.
Jan 7, 2016
Hideo Takasaki, the chief executive of Nitto Denko, the world’s biggest maker of optical films used on Apple’s iPhone screens, is looking hard at a list of overseas targets brought to him by both bankers and his employees.
Nitto Denko , like many Japanese parts suppliers needs new applications and markets from cars to health care to reduce its reliance on smartphone sales. The company has a budget of Y150 billion ($1.2bn) for M&A and other investments to be completed by the 2017-18 financial year. “We want to buy speed so we are willing to pay a premium,” Takasaki says.
http://gulfnews.com/business/sectors/features...-1.1650228
.....Japan has a different outlook for acquisitions. I hope QMC maintains its independence for years to come.
QMC will become Quite the Money Maker and better than Cash in the bank, imo.
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