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Visions replace old delusions
 Two years ago, an international investment banker who predicted that by the end of the decade Japan's second largest car maker would be managed by Renault of France, or that a British company would take control of a Japanese telecoms group by successfully appealing to shareholders over the heads of management, would at best have been sacked, at worst been certified delusional. ...more
FOREIGN INVESTMENT:
New invasion turns the tables
A decade ago, when Japan's economy was booming, Japanese banks inspired unease in parts of Wall Street. For these banks appeared so large, well-capitalised and powerful, that it seemed only a matter of time before they attempted to purchase some of the best-known US financial names. ...more
MITI:
Protector turned facilitator
Japan's Ministry of International Trade and Industry has frequently been portrayed as the protector of Japanese industry, jealously guarding Japan Inc from the forces of foreign competition. ...more
BANKS:
Foreigners in the driving seat
The sudden surge in inward investment from overseas has presented huge opportunities for professional advisers, whether investment bankers, lawyers, accountants management consultants or public relations companies. ...more
TELECOMS:
A market too big to ignore
Foreign telecoms companies have looked at the Japanese market with hungry eyes for many years. With total market revenues of Y12,000bn expected to grow strongly along with the spread of information communications, it is no wonder that foreigners want a piece of the action. ...more
VIEW:
A symbol for a new open era
When news broke that a foreign telecoms company had made a bid for IDC, an international telecoms operator, the Japanese business community braced itself for a tense and potentially nasty battle. ...more
AUTOMOTIVE:
Garage door thrown open
Three years ago, when Ford raised its stake in Mazda Motors from 25 per cent to 33.4 per cent, the Japanese press exploded with criticism. ...more
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