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That's the thing. You know, there is enough activity to be confident things are moving in the right direction. But Japan isn't a country with a lot of time. I mean, the economy is barely growing. Population is shrinking. And they, you know, they've had decades of deflation. So they don't have time to waste. And so the problem is, is that today the guidelines are strong enough to force companies to change. Kushtar has forced seven and I to change itself, but still weak

enough to allow management to act in their self-interest rather than shareholders' interest.

And that's the thing that needs to change. And it's these large, iconic deals that set

the tone for everything else.

In recent years, Japan has been signalling to the world that it's open for business,

and more importantly, inbound M&A.

Well, now there are two deals that we can look at to test that theory. So there's one Toyota

Group's attempted buyout of its key supplier and Canada's alimentation Kushtard and its failed

$46 billion takeover of Seven and I. Now why are these deals failing? Why are they so complicated?

And what do they mean for Japan's economy?

Let's find out in this week's Viewsroom.

It's Amy.

And it's the views room, the weekly podcast that answers the naughtiest questions in corporate finance, business and economics.

And unfortunately, I don't have Jonathan with me today when we're doing Asian podcast. the naughtiest questions in corporate finance, business and economics.

And unfortunately, I don't have Jonathan with me today. When we're doing Asian podcasts where we focus on Japan, it's quite hard to get the US, Asia and Europe into the same conversation.

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