corporate restructuring

Cutting the Parent, Preserving the Subsidiary:Reverse Spin-Off Strategies in Corporate Downsizing

In corporate downsizing, restructuring is not just about what to cut, but how. This article explains reverse spin-off strategies, where parent companies are hollowed out while subsidiaries retain the real business, people, and cash flow.

2025.12.30

Japanese Company

Japanese Capital & Business Alliances in Subsidiaries & Affiliates

Explore typical patterns of capital and business alliances among Japanese subsidiaries and affiliates. Learn how these alliances differ from international practices, including minority investments, cross-parent collaborations, and trust-based strategies unique to Japan.

2025.12.20

Japanese Company

Japan’s Major Companies Are Undergoing a “Quiet Structural Shift”— My Perspective on Dentsu, Hakuhodo, SoftBank, and Shiseido

Major Japanese companies like Dentsu, Hakuhodo, and SoftBank are consolidating subsidiaries, while Shiseido expands early retirement programs. I explore how foreign investors and Tokyo Stock Exchange PBR pressures are driving this “quiet structural shift” in Japan’s corporate landscape.

2025.11.28

Japanese Company