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(Bloomberg) -- Japanese dealmaking was resurgent in the second half of 2020, with acquisitions dropping only slightly from 2019 to about $140 billion after the pandemic depressed deals in the first half of the year...
Japanese companies are heading into 2021 with more cash and more firepower, having sold some non-core assets and consolidated their operations, and will turn again to outbound acquisitions
Companies are more open to selling their non-core business.
We have a lot of cash compared to the past, but it doesn't mean we're going to use it for M&A.