The Mergermarket M&A Forum Japan successfully took place in Tokyo and online on 24 June 2025. The event brought together over 630 M&A professionals including 180+ corporates representing 345+ different organisations from 23 geographies.
The conference, which focused on the latest investment outlook and economic trends that will drive Japanese M&A in the next 12 months and sectors in the region that are most attractive to overseas dealmakers, featured a keynote interview with Hiro Hirano, Partner, Deputy Executive Chairman, KKR ASIA PACIFIC; Chief Executive Officer, KKR Japan.
The forum also featured leading executives from Nissan, Japan Activation Capital, Blackstone, Dalton Investments, Japan Post Investment Corporation, Ministry of Economy, Trade and Industry, Konica Minolta, Advantage Partners, PAG and IBM Consulting Japan speaking on a number of well-researched topics including how economic conditions are shaping Japan’s M&A landscape, the sectors attracting notable interest for foreign buyers, how Japan’s corporate-governance revolution driving the activist agenda, how investors, proxy advisors, and proactive boards shape outcomes, where private equity players are seeing the best value in the market and the healthcare sub-sectors that offer the best opportunities.
The Mergermarket M&A Forum Japan returns to Tokyo in June 2026.
2025 Forum Demographics
Co-Sponsors
DLA Piper
https://www.dlapiper.comDLA Piper is one of the largest global law firms with lawyers located in more than 40 countries/90 offices throughout the Americas, Europe, the Middle East, Africa and Asia Pacific including Japan positioning us to help clients with their legal needs around the world.
We strive to be the leading global business law firm by delivering quality and value to our clients.
We achieve this through practical and innovative legal solutions that help our clients succeed. We deliver consistent services across our platform of practices and sectors in all matters we undertake.
Our clients range from multinational, Global 1000, Fortune 500 and the Tokyo Stock Exchange listed enterprises to emerging companies developing industry-leading technologies. They include more than half of the Fortune 250 and nearly half of the FTSE 350 or their subsidiaries. We also advise governments and public sector bodies.
Herbert Smith Freehills Kramer
https://www.hsfkramer.com/locations/japanWe are one of the world’s leading law firms. We advise many of the biggest and most ambitious organisations across all major regions of the globe. Our clients trust us with their most important transactions, disputes and projects because of our ability to cut through complexity and mitigate risk.
We can help you thrive in the global economy. With 3,000 lawyers in offices spanning Asia, Australia, Europe, Africa, the Middle East and the US, we can deliver whatever expertise you need, wherever you need it.
Our Tokyo office opened in 2000 and is one of the leading law firms in Japan. We are consistently recognised as having one of the largest and most experienced teams of registered foreign lawyers in Tokyo. Our practice centres on multijurisdictional matters and we work in close collaboration with our network of international offices.
Marsh
https://www.marsh.comMarsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of over $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.
Pitcher Partners
https://www.pitcher.com.au/Pitcher Partners is a member of Baker Tilly International, a global network of independent accounting and business advisory firms. As a national association of six independent accounting, audit and business advisory practices, Pitcher Partners has firms in Melbourne, Sydney, Brisbane, Adelaide, Newcastle & Hunter and Perth.
Established in 1991, we are one of the largest accounting, audit, tax and business advisory firms in Australia.
With 148 partners and more than 1,500 staff, our association delivers the most personalised and responsive accounting and advisory services in Australia.
We work with middle market businesses, from family-run companies to renowned industry leaders and iconic brands, providing them with accounting and advisory services that support their growth. In supporting our clients complete their transactions we provide a comprehensive range of M&A services, due diligence, tax structuring as well as ongoing services post-merger.
With such a strong economic relationship and shared values between Japan and Australia, our practice has naturally evolved to providing many Japanese firms with investment support into Australia. This has led to the establishment of our Japan Desk in Australia, including experienced bilingual Japanese professionals, dedicated to providing advice on inbound investment.
Our goal is to deliver sharp, strategic solutions in deal advisory and taxation structuring and advice for cross-border transactions between Japan and Australia, backed by a full-service accounting and assurance firm.
Sodali & CO
https://sodali.comSodali & Co advises corporate clients worldwide as they navigate the complex dynamic of shareholder and stakeholder interests. The firm supports business leaders in anticipating issues, making better, more informed decisions, and communicating more effectively to drive alignment and accelerate performance.
From headquarters in New York, London, and Sydney to offices in major capital markets, Sodali & Co serves over 2,000 corporate clients in 70 countries, across three practice areas of Shareholder Services, Governance & Sustainability, and Strategic Communications. In addition to listed and private companies, its clients include financial institutions, mutual funds, ETFs, stock exchanges, and membership associations.
Cocktail Sponsor
Supporting Organisation
Japan In-house Counsel Network (JICN)
https://www.jicn.jp/The Japan In-house Counsel Network (JICN) was first launched in 2005 and is an unincorporated professional association for in-house counsels working in, or having other affiliations with, Japan.
The goal of JICN is to expand expertise, broaden the knowledge, and strengthen the skills of legal professionals in Japan. JICN offers:
- Educational seminars aimed at updating and broadening the legal competency of its members regarding both domestic and cross-border issues;
- Skills training that provides troubleshooting, brainstorming and team building activities that can be applied in any business organization;
- Career events that enable members to benefit from insights and experience of other legal professionals and external experts, and to otherwise enhance their career development; and
- Social events that not only provide a fun way to network but also build a sense of community among JICN members.
Japan Private Equity Association (JPEA)
https://jpea.group/english/The Japan Private Equity Association(JPEA) actively seeks to contribute to the development of Japanese economic society by enhancing the quality of the private equity business in Japan and ensuring the healthy development of the industry. Most recently, there were 64 members and 120 supporting members. (As of 14th May, 2025)
JVCA
https://jvca.jp/The Japan Venture Capital Association (JVCA) is an organization centered on venture capital (hereinafter referred to as VC) that supports the start-up, growth, and development of promising unlisted companies. Since its launch in November 2002, the association has been working toward the goal of further strengthening mutual cooperation within the VC industry and its role in nurturing venture companies. The number of regular members of the association, which includes VC and corporate venture capital firms, is 295 companies, and the number of supporting members, which includes companies that support the industry, is 393 companies.
The Institutional Limited Partners Association (ILPA)
https://ilpa.orgThe Institutional Limited Partners Association (ILPA) is the leading global, member-driven organization dedicated to advancing the interests of private equity limited partners through industry-leading education programs, independent research, best practices, networking opportunities and global collaborations. Initially founded as an informal networking group, the ILPA is a voluntary association funded by its members. ILPA membership has grown to include almost 400 organizations from around the world representing almost 50% of global institutional assets under management in private equity.
The Singapore Venture Capital & Private Equity Association (SVCA)
http://www.svca.org.sgThe Singapore Venture Capital & Private Equity Association (SVCA) was formed in 1992 under the patronage of the Economic Development Board to promote the development of the venture capital (VC) and private equity (PE) industry. From a humble start of two, our membership now exceeds one hundred and continues to grow in tandem with the industry's development.
To foster greater understanding of the importance of venture capital and private equity to the Singapore economy in support of entrepreneurship and innovation and to look after the interests of our members, promote professional development, raise professional standards as well as facilitate collaboration among members.
As a not-for-profit organisation, the association strives to:
- Promote the professional development of the industry through awards, training, workshops and conference.
- Facilitate interaction and collaboration among its members through regular networking events.
- Act as a platform for dialogue on regulatory and policy issues pertaining to VC and PE through data research, feedback and consultation with members and regulatory authorities.
- Build linkages to centres of VC and PE activities in the region through active participation at regional and global VC & PE Initiatives.
Venture Enterprise Centre (VEC)
https://www.vec.or.jp/Venture Enterprise Centre (VEC) was established in 1975 under a license from the Minister of International Trade and Industry (now the Minister of Economy, Trade and Industry) to support the development of startups. It became a general incorporated foundation in 2012. The VEC supports the creation and development of startups by carrying out projects such as “research and information provision”, such as surveys of investment trends by venture capitalists and others, “policy proposals” through surveys and research on specific issues, and “development of the entrepreneurial environment” to promote interaction between entrepreneurs and supporters.
Supporting Media
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