Fund, Investor & Acquisition Network

The graph above is the fast way to explore this — this plain list covers the same ground for anyone who'd rather scan or search text. Each name links to its own page centered on that entity.

• Advantage Partners — Investor
• Advent International — Private equity fund, Boston, MA · Backed by Advent International
  • Acquired Japan Well-being (nursing care provider) in 2026 for $1.00B (Nursing care services), Japan. Acquired by Advent International. Backed by Advent International. Source: https://asia.nikkei.com/business/business-deals/us-private-equity-firm-advent-to-buy-japan-nursing-care-provider-for-1bn
• Ai Robotics Inc. — Strategic acquirer

  Strategic acquirer. Acquired BJC Inc. (Cosmetics and beauty products) in Japan, announced Fri Mar 27 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired BJC Inc. in 2026 for $172.7M (Cosmetics and beauty products), Japan. Acquired by Ai Robotics Inc.. Source: https://maonline.jp/news/20260327n
• AIJ Holdings — Investor
• Ain Holdings — Strategic acquirer

  Strategic acquirer. Acquired Kraft Inc. (Dispensing pharmacies) in Japan, announced Wed May 28 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Kraft Inc. in 2025 for $690.0M (Dispensing pharmacies), Japan. Acquired by Ain Holdings. Source: https://asia.nikkei.com/business/business-deals/japanese-pharmacy-ain-to-buy-rival-kraft-in-690m-plus-deal
• Amada Co., Ltd. — Strategic acquirer

  Strategic acquirer. Acquired Via Mechanics, Ltd. (Semiconductor substrate processing equipment) in Japan, announced Thu Apr 17 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Via Mechanics, Ltd. in 2025 for $341.7M (Semiconductor substrate processing equipment), Japan. Acquired by Amada Co., Ltd.. Source: https://maonline.jp/news/20250417c
• Ant Capital Partners — Investor
• AP78 — Private equity fund · Backed by Advantage Partners

  Private equity buyer. Acquired Furukawa Battery Co., Ltd. (Lead-acid and industrial batteries) in Japan, announced Fri Aug 08 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Furukawa Battery Co., Ltd. in 2025 for $101.9M (Lead-acid and industrial batteries), Japan. Acquired by Advantage Partners (AP78). Backed by Advantage Partners. Source: https://maonline.jp/tobnews/2025_085b
• AP86 — Private equity fund · Backed by Advantage Partners

  Private equity buyer. Acquired Nihon Chouzai Co., Ltd. (Dispensing pharmacy chain) in Japan, announced Fri Aug 01 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Nihon Chouzai Co., Ltd. in 2025 for $574.4M (Dispensing pharmacy chain), Japan. Acquired by Advantage Partners (AP86). Backed by Advantage Partners. Source: https://maonline.jp/tobnews/2025_078b
• ARTS-3 — Private equity fund · Backed by Sparx Group

  Private equity buyer. Acquired Shin-Nittan Co., Ltd. (Forged automotive components) in Japan, announced Mon Mar 03 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Shin-Nittan Co., Ltd. in 2025 for $91.5M (Forged automotive components), Japan. Acquired by Sparx Group (ARTS-3). Backed by Sparx Group. Source: https://maonline.jp/tobnews/2025_028b
• Bain Capital — Private equity fund, Boston, MA · Backed by Bain Capital
  • Acquired Inforich Inc. in 2026 for $327.0M (Mobile battery rental kiosks), Japan. Acquired by Bain Capital. Backed by Bain Capital. Source: https://asia.nikkei.com/business/business-deals/bain-to-take-japan-mobile-charging-startup-private-in-327m-buyout
  • Acquired Rezil Corporation in 2025 for $340.0M (Electricity retail / wholesale), Japan. Acquired by Bain Capital. Backed by Bain Capital. Source: https://asia.nikkei.com/business/business-deals/bain-prepares-340m-bid-to-buy-japan-electricity-seller-rezil
  • Acquired Jamco Corporation in 2025 for $634.0M (Aircraft interiors manufacturing), Japan. Acquired by Bain Capital. Backed by Bain Capital. Source: https://asia.nikkei.com/business/business-deals/bain-to-buy-japan-aircraft-interior-maker-jamco-for-634m
  • +2 more acquisitions

    • Acquired Mitsubishi Tanabe Pharma Corporation in 2025 for $3.36B (Pharmaceuticals), Japan. Acquired by Bain Capital. Backed by Bain Capital. Source: https://asia.nikkei.com/business/business-deals/mitsubishi-chemical-to-sell-drug-unit-to-bain-capital-for-3.3bn
    • Acquired York Holdings Co., Ltd. in 2025 for $5.46B (Supermarkets and specialty retail), Japan. Acquired by Bain Capital. Backed by Bain Capital. Source: https://maonline.jp/news/20250306b
• Bain Capital / MCJ management — Private equity fund · Backed by Bain Capital / MCJ management

  Private equity buyer. Acquired MCJ Co., Ltd. (Personal computers (Mouse Computer)) in Japan, announced Thu Feb 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired MCJ Co., Ltd. in 2026 for $1.28B (Personal computers (Mouse Computer)), Japan. Acquired by Bain Capital / MCJ management. Backed by Bain Capital / MCJ management. Source: https://asia.nikkei.com/business/business-deals/gaming-pc-maker-mcj-to-launch-1.3bn-management-buyout-with-bain
• Blackstone — Private equity fund, New York, NY · Backed by Blackstone
  • Acquired TechnoPro Holdings in 2025 for $3.40B (Engineering and IT staffing), Japan. Acquired by Blackstone. Backed by Blackstone. Source: https://asia.nikkei.com/business/business-deals/blackstone-to-buy-japanese-staffing-company-technopro-for-3.4bn
• Brother Industries, Ltd. — Strategic acquirer

  Strategic acquirer. Acquired MUTOH Holdings Co., Ltd. (Wide-format printers and drafting equipment) in Japan, announced Thu Feb 05 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired MUTOH Holdings Co., Ltd. in 2026 for $206.4M (Wide-format printers and drafting equipment), Japan. Acquired by Brother Industries, Ltd.. Source: https://maonline.jp/tobnews/2026_013b
• BXJB2 Holding — Private equity fund · Backed by Blackstone

  Private equity buyer. Acquired IROM Group Co., Ltd. (Clinical trial support and regenerative medicine) in Japan, announced Mon Feb 03 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired IROM Group Co., Ltd. in 2025 for $167.8M (Clinical trial support and regenerative medicine), Japan. Acquired by Blackstone (BXJB2 Holding). Backed by Blackstone. Source: https://maonline.jp/tobnews/2025_008b
• C68 (C Six Eight) — Private equity fund · Backed by Ant Capital Partners

  Private equity buyer. Acquired Technos Japan Corporation (ERP and CRM systems integration) in Japan, announced Wed Feb 05 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Technos Japan Corporation in 2025 for $136.8M (ERP and CRM systems integration), Japan. Acquired by Ant Capital Partners (C68). Backed by Ant Capital Partners. Source: https://maonline.jp/tobnews/2025_010b
• Capital Tree — Investor
• Colowide Co., Ltd. — Strategic acquirer

  Strategic acquirer. Acquired C-United Inc. (Cafe chains) in Japan, announced Tue Mar 10 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired C-United Inc. in 2026 for $295.4M (Cafe chains), Japan. Acquired by Colowide Co., Ltd.. Source: https://maonline.jp/news/20260310b
• Curie1 — Private equity fund · Backed by EQT

  Private equity buyer. Acquired CareNet, Inc. (Medical information and physician marketing) in Japan, announced Thu Aug 14 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired CareNet, Inc. in 2025 for $236.8M (Medical information and physician marketing), Japan. Acquired by EQT (Curie1). Backed by EQT. Source: https://maonline.jp/tobnews/2025_093b
• Daiei Kankyo Co., Ltd. — Strategic acquirer

  Strategic acquirer. Acquired Scarabaesacre Co., Ltd. (Industrial waste and contaminated soil disposal) in Japan, announced Tue Aug 26 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Scarabaesacre Co., Ltd. in 2025 for $294.9M (Industrial waste and contaminated soil disposal), Japan. Acquired by Daiei Kankyo Co., Ltd.. Source: https://maonline.jp/news/20250826b
• Daiwa House Industry — Strategic acquirer

  Strategic acquirer. Acquired Sumitomo Densetsu Co. (Electrical engineering and construction) in Japan, announced Thu Oct 30 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Sumitomo Densetsu Co. in 2025 for $1.89B (Electrical engineering and construction), Japan. Acquired by Daiwa House Industry. Source: https://asia.nikkei.com/business/business-deals/japan-s-daiwa-house-to-buy-engineering-firm-for-1.9bn-in-data-center-push
• Daiwa Securities Group — Strategic acquirer

  Strategic acquirer. Acquired Orix Bank (Banking) in Japan, announced Mon Apr 27 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Orix Bank in 2026 for $2.30B (Banking), Japan. Acquired by Daiwa Securities Group. Source: https://asia.nikkei.com/business/business-deals/japan-s-daiwa-securities-group-to-acquire-orix-bank-for-2.3bn
• EQT — Private equity fund, Stockholm / New York, NY · Backed by EQT
  • Acquired Fujitec Co. in 2025 for $2.70B (Elevators and escalators), Japan. Acquired by EQT. Backed by EQT. Source: https://asia.nikkei.com/business/business-deals/sweden-s-eqt-to-buy-out-japan-s-fujitec-in-all-share-2.7bn-deal
• Goldman Sachs / Raksul management — Private equity fund · Backed by Goldman Sachs / Raksul management

  Private equity buyer. Acquired Raksul Inc. (Online printing and marketing services) in Japan, announced Thu Dec 11 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Raksul Inc. in 2025 for $771.0M (Online printing and marketing services), Japan. Acquired by Goldman Sachs / Raksul management. Backed by Goldman Sachs / Raksul management. Source: https://asia.nikkei.com/business/business-deals/japan-s-raksul-to-go-private-with-770m-goldman-sachs-backed-buyout
• Hikari Tsushin / MBK Partners / NEC unit — Strategic acquirer

  Strategic acquirer. Acquired Leopalace21 Corporation (Apartment leasing and management) in Japan, announced Mon Sep 14 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Leopalace21 Corporation in 2026 for $1.70B (Apartment leasing and management), Japan. Acquired by Hikari Tsushin / MBK Partners / NEC unit. Source: https://asia.nikkei.com/business/business-deals/hikari-tsushin-mbk-nec-unit-launch-1.7bn-buyout-for-japan-s-leopalace212
• Inclusion Japan — Investor
• Infroneer Holdings — Strategic acquirer

  Strategic acquirer. Acquired Swing Corporation (Water and wastewater engineering) in Japan, announced Mon Apr 13 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Swing Corporation in 2026 for $564.0M (Water and wastewater engineering), Japan. Acquired by Infroneer Holdings. Source: https://asia.nikkei.com/business/business-deals/japan-s-infroneer-to-buy-waterworks-operator-swing-for-560m
• Itochu Corporation (FMDI) — Strategic acquirer

  Strategic acquirer. Acquired Itochu-Shokuhin Co., Ltd. (Food wholesale and distribution) in Japan, announced Thu Feb 26 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Itochu-Shokuhin Co., Ltd. in 2026 for $415.4M (Food wholesale and distribution), Japan. Acquired by Itochu Corporation (FMDI). Source: https://maonline.jp/tobnews/2026_026b
• Japan Bullseye Capital — Search fund · Backed by AIJ Holdings, Capital Tree, Japan Private Equity Co., M2O Search, SCIPIO Holding Group, Inclusion Japan

  Search fund vehicle. Acquired Gateway Arch Co., Ltd. (Jigsaw puzzles, trading cards and art-related products manufacturing) in Japan, announced Fri Apr 04 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Gateway Arch Co., Ltd. in 2025 (Jigsaw puzzles, trading cards and art-related products manufacturing), Japan. Acquired by Japan Bullseye Capital. Backed by AIJ Holdings, Capital Tree, Japan Private Equity Co., M2O Search, Scipio Holding, Inclusion Japan. Source: https://searchfundsnews.com/first-duo-sf-japan-bullseye-capital-acquires-gateway-arch/
• Japan Industrial Partners — Investor
• Japan Investment Corporation — Investor
• Japan Private Equity Co. — Investor
• JICC-04 — Private equity fund · Backed by Japan Investment Corporation

  Private equity buyer. Acquired Shinko Electric Industries Co., Ltd. (Semiconductor packaging substrates) in Japan, announced Tue Feb 18 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Shinko Electric Industries Co., Ltd. in 2025 for $2.35B (Semiconductor packaging substrates), Japan. Acquired by Japan Investment Corporation (JICC-04). Backed by Japan Investment Corporation. Source: https://maonline.jp/tobnews/2025_025b
• JWT — Strategic acquirer

  Strategic acquirer. Acquired Tonami Holdings Co., Ltd. (Freight transport and logistics) in Japan, announced Thu Feb 27 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Tonami Holdings Co., Ltd. in 2025 for $541.0M (Freight transport and logistics), Japan. Acquired by Japan Post Co., Ltd. (JWT). Source: https://maonline.jp/tobnews/2025_027b
• Kanematsu Corporation — Strategic acquirer

  Strategic acquirer. Acquired IDAJ Co., Ltd. (Engineering simulation software distribution) in Japan, announced Fri Sep 18 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired IDAJ Co., Ltd. in 2026 for $337.7M (Engineering simulation software distribution), Japan. Acquired by Kanematsu Corporation. Source: https://maonline.jp/news/20260918f
• Kinden Corporation — Strategic acquirer

  Strategic acquirer. Acquired Kodensha Co., Ltd. (Electrical installation and engineering) in Japan, announced Tue May 26 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Kodensha Co., Ltd. in 2026 for $286.2M (Electrical installation and engineering), Japan. Acquired by Kinden Corporation. Source: https://maonline.jp/tobnews/2026_050b
• KKR & Co. — Private equity fund, New York, NY · Backed by KKR & Co.
  • Acquired Taiyo Holdings Co. in 2026 for $3.20B (Specialty chemicals (solder resist)), Japan. Acquired by KKR. Backed by KKR. Source: https://asia.nikkei.com/business/business-deals/kkr-to-take-japan-chemical-maker-taiyo-private-with-3bn-offer
  • Acquired Forum Engineering Inc. in 2025 for $584.0M (Engineering staffing), Japan. Acquired by KKR. Backed by KKR. Source: https://asia.nikkei.com/business/business-deals/kkr-to-launch-584m-bid-for-japan-staffing-company-forum-engineering
• LVJ Holdings 2 — Private equity fund · Backed by Japan Industrial Partners

  Private equity buyer. Acquired Mitsubishi Logisnext Co., Ltd. (Forklifts and material handling equipment) in Japan, announced Wed Jan 21 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Mitsubishi Logisnext Co., Ltd. in 2026 for $186.3M (Forklifts and material handling equipment), Japan. Acquired by Japan Industrial Partners (LVJ Holdings 2). Backed by Japan Industrial Partners. Source: https://maonline.jp/tobnews/2026_005b
• M-Cap No.15 — Private equity fund · Backed by Marunouchi Capital

  Private equity buyer. Acquired Nakano Refrigerators Co., Ltd. (Commercial refrigeration equipment) in Japan, announced Tue Jun 17 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Nakano Refrigerators Co., Ltd. in 2025 for $166.2M (Commercial refrigeration equipment), Japan. Acquired by Marunouchi Capital (M-Cap No.15). Backed by Marunouchi Capital. Source: https://maonline.jp/tobnews/2025_066b
• M2O Search — Investor
• Marubeni Corporation — Strategic acquirer

  Strategic acquirer. Acquired Sumitomo Pharma Asia drug sales business (majority stake) (Pharmaceutical distribution) in Japan, announced Thu Apr 03 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Sumitomo Pharma Asia drug sales business (majority stake) in 2025 for $301.0M (Pharmaceutical distribution), Japan. Acquired by Marubeni Corporation. Source: https://asia.nikkei.com/business/business-deals/japan-s-marubeni-to-buy-sumitomo-pharma-s-asia-business-for-300m
• Marunouchi Capital — Investor
• MBK Partners — Investor
• Medipal Holdings Corporation — Strategic acquirer

  Strategic acquirer. Acquired PALTAC Corporation (Wholesale distribution of cosmetics and household goods) in Japan, announced Tue May 12 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired PALTAC Corporation in 2026 for $1.09B (Wholesale distribution of cosmetics and household goods), Japan. Acquired by Medipal Holdings Corporation. Source: https://maonline.jp/tobnews/2026_036b
• MP-2605 — Private equity fund · Backed by MBK Partners

  Private equity buyer. Acquired Solasto Corporation (Medical clerical outsourcing and nursing care) in Japan, announced Wed Mar 25 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Solasto Corporation in 2026 for $362.7M (Medical clerical outsourcing and nursing care), Japan. Acquired by MBK Partners (MP-2605). Backed by MBK Partners. Source: https://maonline.jp/tobnews/2026_030b
• Nippon Growth Investment (Nihon Kigyo Seicho Toshi) — Investor
• Nippon Sangyo Suishin Kiko (NSSK) — Investor
• Nippon Seiki Co., Ltd. — Strategic acquirer

  Strategic acquirer. Acquired Toyo Denso Co., Ltd. (Automotive switches and HMI components) in Japan, announced Mon Apr 20 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Toyo Denso Co., Ltd. in 2026 for $338.7M (Automotive switches and HMI components), Japan. Acquired by Nippon Seiki Co., Ltd.. Source: https://maonline.jp/news/20260420h
• Nippon Steel Corporation — Strategic acquirer

  Strategic acquirer. Acquired Sanyo Special Steel Co., Ltd. (Specialty steel manufacturing) in Japan, announced Mon Feb 03 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Kurosaki Harima Corporation in 2026 for $420.2M (Refractory products), Japan. Acquired by Nippon Steel Corporation. Source: https://maonline.jp/tobnews/2026_009b
  • Acquired Sanyo Special Steel Co., Ltd. in 2025 for $393.4M (Specialty steel manufacturing), Japan. Acquired by Nippon Steel Corporation. Source: https://maonline.jp/tobnews/2025_007b
• Nippon Telegraph and Telephone (NTT) — Strategic acquirer

  Strategic acquirer. Acquired NTT Data Group (minority buy-in to 100%) (IT services) in Japan, announced Thu May 08 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired NTT Data Group (minority buy-in to 100%) in 2025 for $16.40B (IT services), Japan. Acquired by Nippon Telegraph and Telephone (NTT). Source: https://asia.nikkei.com/business/business-deals/ntt-to-make-ntt-data-wholly-owned-with-tender-offer-of-16bn
• Nojima Corporation — Strategic acquirer

  Strategic acquirer. Acquired Hitachi consumer appliance unit (Home appliances) in Japan, announced Mon Apr 20 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Hitachi consumer appliance unit in 2026 for $630.0M (Home appliances), Japan. Acquired by Nojima Corporation. Source: https://asia.nikkei.com/business/business-deals/japan-retailer-nojima-to-buy-hitachi-appliance-unit-for-over-630m
• NSSK-J1 — Private equity fund · Backed by Nippon Sangyo Suishin Kiko (NSSK)

  Private equity buyer. Acquired Wizas Co., Ltd. (Cram schools and education services) in Japan, announced Tue Jun 10 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Wizas Co., Ltd. in 2025 for $182.2M (Cram schools and education services), Japan. Acquired by Nippon Sangyo Suishin Kiko (NSSK-J1). Backed by Nippon Sangyo Suishin Kiko (NSSK). Source: https://maonline.jp/tobnews/2025_063b
• NTT Docomo, Inc. — Strategic acquirer

  Strategic acquirer. Acquired SBI Sumishin Net Bank, Ltd. (Internet banking) in Japan, announced Fri May 30 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired SBI Sumishin Net Bank, Ltd. in 2025 for $1.22B (Internet banking), Japan. Acquired by NTT Docomo, Inc.. Source: https://maonline.jp/tobnews/2025_060b
• Paloma Rheem Holdings — Strategic acquirer

  Strategic acquirer. Acquired Fujitsu General Limited (Air conditioning equipment) in Japan, announced Mon Apr 28 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Fujitsu General Limited in 2025 for $917.8M (Air conditioning equipment), Japan. Acquired by Paloma Rheem Holdings. Source: https://maonline.jp/tobnews/2025_044b
• PCGVI-1 — Private equity fund · Backed by Polaris Capital Group

  Private equity buyer. Acquired DD Group Inc. (Restaurants and izakaya operation) in Japan, announced Tue Jul 15 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired DD Group Inc. in 2025 for $163.1M (Restaurants and izakaya operation), Japan. Acquired by Polaris Capital Group (PCGVI-1). Backed by Polaris Capital Group. Source: https://maonline.jp/tobnews/2025_073b
• Polaris Capital Group — Investor
• Samvardhana Motherson International Ltd (via Motherson Global Investments B.V.) — Strategic acquirer

  Strategic acquirer. Acquired Yutaka Giken Co., Ltd. (81%) and Yutaka Autoparts India (100%) (Automotive metal components) in Japan, announced Fri Aug 29 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Yutaka Giken Co., Ltd. (81%) and Yutaka Autoparts India (100%) in 2025 for $184.0M (Automotive metal components), Japan. Acquired by Samvardhana Motherson International Ltd (via Motherson Global Investments B.V.). Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/f10c3f2b-10f0-4a6f-b02f-3c56d0619689.pdf
• SCIPIO Holding Group — Investor
• SHIFT Inc. — Strategic acquirer

  Strategic acquirer. Acquired Nisseicom, Ltd. (IT systems development) in Japan, announced Wed Jan 14 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Nisseicom, Ltd. in 2026 for $137.3M (IT systems development), Japan. Acquired by SHIFT Inc.. Source: https://maonline.jp/news/20260114c
• Shimizu Corporation — Strategic acquirer

  Strategic acquirer. Acquired Nippon Road Co., Ltd. (Road paving and civil engineering) in Japan, announced Thu May 15 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Nippon Road Co., Ltd. in 2025 for $283.6M (Road paving and civil engineering), Japan. Acquired by Shimizu Corporation. Source: https://maonline.jp/tobnews/2025_053b
• Shionogi & Co. — Strategic acquirer

  Strategic acquirer. Acquired Torii Pharmaceutical and JT pharmaceutical business (Pharmaceuticals) in Japan, announced Wed May 07 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Torii Pharmaceutical and JT pharmaceutical business in 2025 for $1.10B (Pharmaceuticals), Japan. Acquired by Shionogi & Co.. Source: https://asia.nikkei.com/business/business-deals/japanese-drugmaker-shionogi-to-acquire-jt-s-pharma-units-in-1.1bn-deal
• SiTime Corporation — Strategic acquirer

  Strategic acquirer. Acquired Renesas Electronics timing (clocks) business (Semiconductor timing devices) in Japan, announced Tue Feb 03 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Renesas Electronics timing (clocks) business in 2026 for $3.00B (Semiconductor timing devices), Japan. Acquired by SiTime Corporation. Source: https://asia.nikkei.com/business/business-deals/japan-s-renesas-to-sell-timing-solution-segment-to-us-based-sitime-for-3bn
• SK-03 — Private equity fund · Backed by Nippon Growth Investment (Nihon Kigyo Seicho Toshi)

  Private equity buyer. Acquired CE Holdings Co., Ltd. (Healthcare IT and electronic medical records) in Japan, announced Thu Aug 06 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired CE Holdings Co., Ltd. in 2026 for $84.3M (Healthcare IT and electronic medical records), Japan. Acquired by Nippon Growth Investment (SK-03). Backed by Nippon Growth Investment (Nihon Kigyo Seicho Toshi). Source: https://maonline.jp/tobnews/2026_060b
• Sohgo Security Services (ALSOK) — Investor
• Sparx Group — Investor
• Stanley Electric Co., Ltd. — Strategic acquirer

  Strategic acquirer. Acquired Iwasaki Electric Co., Ltd. (Lighting equipment) in Japan, announced Thu Jan 29 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Iwasaki Electric Co., Ltd. in 2026 for $471.0M (Lighting equipment), Japan. Acquired by Stanley Electric Co., Ltd.. Source: https://maonline.jp/news/20260129a
• Sumitomo Bakelite Co., Ltd. — Strategic acquirer

  Strategic acquirer. Acquired Kyocera Corporation chemical materials business (Semiconductor encapsulation materials) in Japan, announced Thu Jan 22 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Kyocera Corporation chemical materials business in 2026 for $201.0M (Semiconductor encapsulation materials), Japan. Acquired by Sumitomo Bakelite Co., Ltd.. Source: https://maonline.jp/news/20260122a
• Taisei Corporation — Strategic acquirer

  Strategic acquirer. Acquired Toyo Construction Co. (Marine and civil construction) in Japan, announced Fri Aug 08 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Toyo Construction Co. in 2025 for $1.10B (Marine and civil construction), Japan. Acquired by Taisei Corporation. Source: https://asia.nikkei.com/business/business-deals/japan-s-taisei-to-acquire-toyo-construction-in-1.1bn-deal
• Taiyo Kosan — Private equity fund

  Family office. Acquired Hisamitsu Pharmaceutical Co., Inc. (Pharmaceuticals (transdermal patches)) in Japan, announced Wed Jan 07 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Hisamitsu Pharmaceutical Co., Inc. in 2026 for $1.70B (Pharmaceuticals (transdermal patches)), Japan. Acquired by Taiyo Kosan (Hisamitsu founding family vehicle). Source: https://maonline.jp/tobnews/2026_002b
• Taiyo Pacific Partners — Private equity fund · Backed by Taiyo Pacific Partners

  Private equity buyer. Acquired Star Micronics Co. (Automatic lathes / machine tools) in Japan, announced Wed Nov 12 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Star Micronics Co. in 2025 for $452.0M (Automatic lathes / machine tools), Japan. Acquired by Taiyo Pacific Partners. Backed by Taiyo Pacific Partners. Source: https://asia.nikkei.com/business/business-deals/us-based-taiyo-pacific-offers-450m-takeover-bid-for-japan-lathe-maker
• Takara Holdings Inc. — Strategic acquirer

  Strategic acquirer. Acquired Takara Bio Inc. (Biotechnology reagents and gene therapy) in Japan, announced Mon Feb 16 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Takara Bio Inc. in 2026 for $244.5M (Biotechnology reagents and gene therapy), Japan. Acquired by Takara Holdings Inc.. Source: https://maonline.jp/tobnews/2026_022b
• TCG2505 — Private equity fund · Backed by The Carlyle Group

  Private equity buyer. Acquired Trite Corporation (Staffing for construction and healthcare) in Japan, announced Wed Jun 11 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Trite Corporation in 2025 for $211.2M (Staffing for construction and healthcare), Japan. Acquired by The Carlyle Group (TCG2505). Backed by The Carlyle Group. Source: https://maonline.jp/tobnews/2025_064b
• TCG2511 — Private equity fund · Backed by The Carlyle Group, Sohgo Security Services (ALSOK)

  Private equity buyer. Acquired Nihon Dry-Chemical Co., Ltd. (Fire protection equipment and services) in Japan, announced Thu May 14 2026 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Nihon Dry-Chemical Co., Ltd. in 2026 for $353.9M (Fire protection equipment and services), Japan. Acquired by ALSOK (Sohgo Security Services) and The Carlyle Group (TCG2511). Backed by The Carlyle Group, Sohgo Security Services (ALSOK). Source: https://maonline.jp/tobnews/2026_041b
• The Carlyle Group — Private equity fund, Washington, DC · Backed by The Carlyle Group
  • Acquired Orix scaffolding rental subsidiary in 2026 for $610.0M (Scaffolding and construction equipment rental), Japan. Acquired by The Carlyle Group. Backed by The Carlyle Group. Source: https://asia.nikkei.com/business/business-deals/japan-s-orix-to-sell-scaffolding-rental-unit-to-carlyle-for-610m
  • Acquired Kaonavi Inc. in 2025 for $325.0M (HR software), Japan. Acquired by The Carlyle Group. Backed by The Carlyle Group. Source: https://asia.nikkei.com/business/business-deals/carlyle-to-buy-japan-hr-services-company-kaonavi-for-325m
• Tokuyama Corporation — Strategic acquirer

  Strategic acquirer. Acquired JSR Corporation in-vitro diagnostics business (In-vitro diagnostics) in Japan, announced Thu Apr 24 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired JSR Corporation in-vitro diagnostics business in 2025 for $549.4M (In-vitro diagnostics), Japan. Acquired by Tokuyama Corporation. Source: https://maonline.jp/news/20250422d
• Visional, Inc. — Strategic acquirer

  Strategic acquirer. Acquired Thinkings Inc. (Recruitment software (ATS)) in Japan, announced Wed Jul 23 2025 00:00:00 GMT+0000 (Coordinated Universal Time).

  • Acquired Thinkings Inc. in 2025 for $93.9M (Recruitment software (ATS)), Japan. Acquired by Visional, Inc.. Source: https://maonline.jp/news/20250723a
• Warburg Pincus — Private equity fund, New York, NY · Backed by Warburg Pincus
  • Acquired J.S.B. Co. in 2026 for $1.25B (Student housing), Japan. Acquired by Warburg Pincus. Backed by Warburg Pincus. Source: https://asia.nikkei.com/business/business-deals/warburg-pincus-to-launch-1.2bn-tender-offer-for-japan-dorm-operator-j.s.b