Spin-offs are spreading in Japan, and a petrochemical pure-play manufacturer is expected to list at the end of September. A proposal to separate a multifunction printer business has also emerged, and spin-offs are being seen as a driving force for corporate restructuring.
Spin-offs, in which businesses are separated and made independent, are beginning to spread in Japan.
A petrochemical pure-play manufacturer is expected to list at the end of September, while moves to separate a multifunction printer business have also emerged.
Spin-offs could become a catalyst for business restructuring in Japan.
Specifically, reports have highlighted moves to establish a petrochemical pure play and consideration by Resonac Holdings of separating its business.