This report is based on in-depth interviews with numerous senior executives, experts and officials involved in Japanese mergers and acquisitions. In order to encourage candour among interviewees, in certain cases we agreed not to disclose their identity. The views expressed herein are solely those of the interviewees, where attributed, or the Economist Intelligence Unit, and do not necessarily reflect the opinions of the sponsors.
Interviews were conducted face-to-face in December 2011-February 2012, in English and Japanese, by the author, Miki Tanikawa. Amie Nagano, Takato Mori, Gavin Blair and Andrew Hutchings provided additional reporting and research. The report was written in English and translated into Japanese. The English version should be regarded as definitive. The report was edited by David Line of the Economist Intelligence Unit; the Japanese translation was edited by Takato Mori and Amie Nagano. Gaddi Tam was responsible for design and layout. The cover design is by Wai Lam