Figures are based on sales of companies in one economy to foreign multinational enterprises (MNEs). Excluding sales of foreign affiliates owned by foreign MNEs to another foreign MNE. Sales of foreign affiliates to domestic firms are deducted from the numbers.
Excluding financial centers in the Caribbean.
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Number of net cross-border M&A sales in Japan 2015-2024
In 2024, the number of net cross-border merger and acquisition (M&A) deals involving Japanese sellers increased to **, up from ** deals in the previous year. A record high of *** M&A deals was reported in 2019.
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UNCTAD. (June 19, 2025). Number of net cross-border mergers and acquisitions (M&As) with sellers in Japan from 2015 to 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1256508/japan-number-net-cross-border-manda-sales/
UNCTAD. "Number of net cross-border mergers and acquisitions (M&As) with sellers in Japan from 2015 to 2024." Chart. June 19, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1256508/japan-number-net-cross-border-manda-sales/
UNCTAD. (2025). Number of net cross-border mergers and acquisitions (M&As) with sellers in Japan from 2015 to 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1256508/japan-number-net-cross-border-manda-sales/
UNCTAD. "Number of Net Cross-border Mergers and Acquisitions (M&as) with Sellers in Japan from 2015 to 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 19 Jun 2025, /statistics/1256508/japan-number-net-cross-border-manda-sales/
UNCTAD, Number of net cross-border mergers and acquisitions (M&As) with sellers in Japan from 2015 to 2024 ÌÇÐÄÆƽâ°æ, /statistics/1256508/japan-number-net-cross-border-manda-sales/ (last visited July 28, 2026)
Number of net cross-border mergers and acquisitions (M&As) with sellers in Japan from 2015 to 2024 [Graph], UNCTAD, June 19, 2025. [Online]. Available: /statistics/1256508/japan-number-net-cross-border-manda-sales/
