If sophisticated, larger foreign investors hold a chunk of your relatively liquid stock as a 🇯🇵 software / tech company today + over the past week or so for some...getting destroyed lately...
Japan has already seen 24 takeover bids, or TOBs, so far in 2025. Now a new fund, nicknamed "TOB Hunter," has emerged. https://t.co/e2u3K2XOtj
And another one...you know its a bull market in M&A when even the post office (Japan Post) is buying logistics cos at a 74% premo...Tonami Holdings $9070.T note the takeout price here is basically book value...vs 0.55x P/B pre deal (for this random logisitics co). Am sure…
Japan's logistics sector is experiencing increased merger and acquisition activity, highlighted by the recent buyout of Tonami Holdings (TYO: 9070) at a takeout price of ¥10,200, compared to its last close of ¥5,870 and a book value of ¥10,451. This acquisition reflects a bullish sentiment in the market, with Japan Post also participating in the trend, acquiring logistics companies at a significant premium of 74%. In 2025 alone, Japan has recorded 24 takeover bids, indicating a robust environment for mergers and acquisitions, further fueled by the emergence of a new fund known as 'TOB Hunter.'