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Major European and US investment budgets are driving equity in Japanese in anticipation of a complete trade realignment in the country amid the coronavirus crisis.
Hiroyuki Otsuka, Deputy Director of Operations, U. S. Investment Company Carlyle Group Inc. Japan predicted that they will increasingly sell non-essential activities because the crisis “should drive the movement of change, such as digitization. “
Carlyle, which focuses on medium-sized Japanese companies, aims to invest billions of yen in conglomerates this year, especially for agreements to obtain its subsidiaries and operations.
Even in the catering and tourism industries affected by coronaviruses, the fund “will offer assistance if corporations with controlling resources are found,” Otsuka noted.
Blackstone Group Inc. in the United States plans to pay about one hundred billion yen to Japan a year.
“We will be an active investor when a smart deal reaches,” said Atsuhiko Sakamoto, head of Japan’s investment division, which was created in 2018, suggesting the option for the organization to spend more than it reserves.
Blackstone is largely following the receiving pharmaceutical, logistics and tourism sectors, which are expected to do so from the virus crisis. The fund has already reached an agreement with Takeda Pharmaceutical Co. to get the over-the-counter drug unit from the leading drug manufacturer.
The British Personal Equity Fund Permira, which acquired the sushi conveyor belt of the sushi chain Sushi Global Holdings Ltd. , is also looking for investment opportunities in logistics and healthcare.
The economic effect on the coronavirus pandemic “will seem over time in complex ways,” said Ryotaro Fujii, Permira’s leading chief operating officer in Japan.
Kohlberg Kravis Roberts
Emphasizing that the extensive and continued quantitative easing of central banks in Japan, Europe and the United States has facilitated the increase of the investment budget, a source in the money markets said that the European and American investment budgets play a greater role. in the activities of the Japanese. companies. Realignment
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