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ECONOMY

Abe stresses importance of bracing for possible onslaught of foreign M&As

  • May 11, 2020
  • , Asahi digital
  • JMH Summary

Asahi took up remarks made at the Diet this morning by Prime Minister Abe on an opposition lawmaker’s view that investors from nations such as South Korea and China may make active efforts to purchase Japanese companies and/or land as their countries are apparently overcoming the economic difficulties triggered by the coronavirus pandemic faster than Japan. When pressed by the opposition politician to take appropriate measures so as to head off an onslaught of such purchases from the standpoint of economic security, the premier was quoted as saying: “That’s a very important point. We must take a close look at the nation’s economic structure from a security perspective to address its vulnerabilities and bolster its strength further in a strategic manner…. We would like to pay keen attention to the investment plans of foreign corporations.”

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