The balance of foreign direct investment in Japan stood at ¥30.7 trillion at the end of 2018, topping ¥30 trillion for the first time ever, the Japan External Trade Organization said Wednesday.
According to JETRO, the balance increased ¥1.8 trillion from a year earlier due to a series of large-scale merger and acquisition deals, including Toshiba Corp.’s ¥2 trillion sale of its semiconductor unit to a consortium led by U.S. investment fund Bain Capital.
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