Asahi Kasei, a prominent Japanese chemical company, is setting in motion a series of buyouts exceeding 100 billion yen. Though specific companies for the said acquisitions have not been revealed, the move appears to be a part of Asahi Kasei's aggressive growth strategy. It's expected to strengthen the company’s dominance in the business sphere and further diversify its portfolio.

Japanese companies remain proactive in mergers and acquisitions (M&As) to uphold their market position domestically and overseas. Corporate M&As are viewed as critical growth strategies, and typical Japanese business ethics cherish the stability and longevity of the companies.

Similar instances are frequent in the US and the EU as well. The culture of mergers and acquisitions is deeply embedded in their business culture providing growth opportunities, financial health, improved market share, and increased synergy. Given the larger scale of businesses in these regions, such acquisitions sometimes garner global attention.