The number of M&A deals involving Japanese companies reached a record 3,883 in January–September 2026, while acquisitions by overseas buyers rose to 326, exceeding the previous year's figure. Major transactions involving corporate restructuring included NTT DATA Group's conversion into a wholly owned subsidiary, among others.
The number of M&A deals involving Japanese companies reached 3,883 in January–September 2026, setting a new record.
Acquisitions by overseas buyers reached 326, an increase of more than 20% from the previous year. A succession of major acquisitions by investment funds and business succession deals took place.
Recof Data's compilation is based on data from 1985 onward. Examples of restructurings by transaction value include NTT DATA Group's conversion into a wholly owned subsidiary.