Mr. Minoda, a long-time banker at the former Industrial Bank of Japan – now part of Mizuho Financial Group — who joined KKR in 2007, stated “The mindset has changed,” “Companies are saying, ‘We can’t keep on doing things the way we have.’”
He also noted that 311 disasters reminded Japanese that unexpected could happen. I thought this article was interesting. Now, Japanese companies are trying to adapt new ideas. Last year, it doubled the number of Japanese companies making acquisitions abroad.
http://blogs.wsj.com/japanrealtime/2012/03/21/post-march-11-the-view-from-private-equity-part-ii/
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