Information of cross-border
M&A market

Information of cross-border
M&A market

Updated information
  • Apr.20.2026

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

  • Jan.16.2026

    Updated the M&A market information of 2025

  • Oct.21.2025

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

  • July.16.2025

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

  • Apr.14.2025

    Updated "2. M&A transactions in the major 6 countries in the ASEAN”.

1. M&A transactions between Japan and the world
(1)Number and value of M&A transactions between Japan and each region in the world in 2025 were as follows:

The total number of M&A deals in 2025 was 5,115, a increase of 8.8% compared to the previous year.By market, OUT-IN and IN-IN increased, while IN-OUT decreased. The overall value of M&A increased by 74.7% compared to the previous year, due in part to an increase in large-scale deals. There was an increase in all three markets: OUT-IN , IN-IN and IN-OUT.

The number of "IN-OUT" M&A transactions between Japan and the ASEAN was high and next to the numbers between Japan / North America and Japan / Europe.

The United States has the largest share in IN-OUT transactions from Japan. Among ASEAN countries, Singapore is the most, followed by Vietnam.

(2) Number and value of M&A transactions between Japan and each region in the world in 2026 were as follows:

The number of M&A transactions by Japanese companies in the January-March period of 2026 was 1,295, an increase of 9.6% from 1,182 in the January-March period of 2025. The value of M&A transactions in the January-March period of 2026 was USD 83,097 million, up 65.3% from USD 50,259 million in the same period last year.

M&A transactions related to Japanese companies in 2026
2. M&A transactions in the major 6 countries in the ASEAN

Japan and major 6 ASEAN countries include Singapore, Vietnam, Thailand, Indonesia, the Philippines and Malaysia's number and value of M&A transactions are as follows.

(1)IN-OUT
IN-OUT IN-OUT
(2)OUT-IN
OUT-IN OUT-IN
  • ◆Source: RECOF DATA Corporation
  • ◆Foreign currency rate: JPY 150 / USD(Using the same rate is used for each year, considering the continuity of the data.)

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