M&A NEWS

Top mergers and acquisitions in Japan in March 2026

Every verified merger and acquisition involving Japan in this period, ranked by disclosed value. Updated every morning.

We tracked 12 deals involving Japan in March 2026, 8 of them with a disclosed value, worth $7.8bn in total. The largest was Apollo Funds's $3.7bn deal for Nippon Sheet Glass Co., Ltd. (NSG Group), ahead of KKR (KJ005 Co., Ltd.) and Taiyo Holdings Co., Ltd. at $3.3bn.

Top mergers and acquisitions in Japan in March 2026

Japan M&A news →
  1. 123 MarApollo Funds → Nippon Sheet Glass Co., Ltd. (NSG Group)Apollo agrees $3.7bn deal for Nippon Sheet GlassMaterials / Glass manufacturingCompleted$3.7bn
  2. 231 MarKKR (KJ005 Co., Ltd.) → Taiyo Holdings Co., Ltd.KKR agrees $3.3bn take-private of Japan's Taiyo HoldingsChemicals / Electronic materialsAgreed$3.3bn
  3. 319 MarNippon Television Holdings, Inc. → KANAMEL Inc.Nippon TV agrees ¥37bn buyout of production group KANAMELMedia / Advertising and content productionCompleted$235m
  4. 425 MarTaiheiyo Cement Corporation → Tokuyama Corporation's domestic cement sales business (Tokuyama Cement)Taiheiyo Cement agrees ¥37bn purchase of Tokuyama cement sales armMaterials / CementCompleted$233m
  5. 531 MarSeibu Real Estate Co., Ltd. (Seibu Holdings) → e'grand Co., Ltd.Seibu bids ¥30bn for used-home renovator e'grandReal estate / ResidentialCompleted$188m
  6. 624 MarSkylark Holdings Co., Ltd. → Shinpachi Co., Ltd.Skylark agrees ¥11bn deal for Shinpachi Shokudo chainConsumer / RestaurantsCompleted$69m
  7. 726 MarKITZ Corporation → V TEX CorporationKITZ agrees ¥9.2bn purchase of V TEX from KanadeviaIndustrials / Valves and flow controlCompleted$58m
  8. 89 MarSumitomo Mitsui Construction Co., Ltd. (Infroneer Holdings) → Mitsui Sumiken Road Co., Ltd.Sumitomo Mitsui Construction bids ¥8.6bn to take road unit privateIndustrials / ConstructionCompleted$54m
  9. 94 MarSuzuki Motor Corporation → Kanadevia Corporation's all-solid-state battery businessSuzuki agrees to buy Kanadevia's solid-state battery businessIndustrials / BatteriesAgreedUndisclosed
  10. 105 MarShimizu Corporation → American Engineering Corporation (Okinawa)Shimizu to buy Okinawa base contractor American EngineeringIndustrials / ConstructionAgreedUndisclosed
  11. 116 MarDenso Corporation → ROHM Co., Ltd.Denso's reported ¥1.3tn approach for Rohm ends without a dealTechnology / SemiconductorsTerminatedUndisclosed
  12. 1227 MarShizuoka Financial Group, Inc. → The Bank of Nagoya, Ltd.Shizuoka Financial Group and Bank of Nagoya agree to integrateFinancials / BankingAnnouncedUndisclosed