Nomura executives: Weak yen cannot stop Japanese companies' enthusiasm for overseas mergers and acquisitions.

Tsutomu Takemura, head of investment banking at the large financial conglomerate Nomura Holdings, stated that the depreciation of the yen is unlikely to weaken the willingness of Japanese companies to engage in overseas mergers and acquisitions. In an interview, he said, "Many companies have already adapted to the current environment." He emphasized that the desire for mergers and acquisitions remains strong. While the rapid depreciation of the yen in the past has temporarily increased the cost of acquiring overseas companies, the exchange rate of the US dollar to the yen is now stable in the range of 150 to 160 yen per US dollar, and many companies have adapted to the current exchange rate environment. Takemura, also serving as Executive Director of the company, mentioned that Japan has now become one of the most watched markets by global investors.