Autoliv Inc., the world's largest maker of automotive air bags and seat belts, has about $1 billion to spend in Japan and fast-growing segments such as electronic accident prevention, according to Chief Executive Officer Jan Carlson.
"We're better equipped to do acquisitions, and we are looking to do more of them ahead," Carlson said in an interview Monday at the company's Stockholm headquarters. "We have the strongest balance sheet we've ever had."
Autoliv is interested in buying companies in Japan, where its 20 percent market share in the country is lower than elsewhere, Carlson said.
Autoliv has a 35 percent share globally, including about 40 percent in Europe and North America.