TOKYO -- Japanese companies are on an acquisition spree. According to U.S. market research company Dealogic, the acquisitions announced in the first three months of 2015 doubled from a year earlier to $40.4 billion, a record high in yen terms on a quarterly basis. The full-year acquisition amount was record high at 8.6 trillion yen ($71.6 billion) in 2014.
The acquisition of the world-renowned companies, funds generated by the Bank of Japan's monetary easing, and being short and intensive have been the keys to Japanese companies' mega deals that involve hundreds of billions of yen.
