1. Deals Analysis
November 2, 2020

Japan’s technology industry sees a drop of 6% in deal activity in Q3 2020

By Carmen

Japan’s technology industry saw a drop of 6% in overall deal activity during Q3 2020, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 158 deals worth $41.45bn were announced in Q3 2020, compared to the last four-quarter average of 168 deals.

Venture financing was the leading category in the quarter with 93 deals which accounted for 58.9% of all deals.

In second place was M&A with 59 deals, followed by private equity with six transactions, respectively accounting for 37.3% and 3.8% of overall deal activity in the country’s technology industry during the quarter.

In terms of value of deals, M&A was the leading deal category in Japan’s technology industry with total deals worth $41.01bn, while private equity and venture financing deals totalled $421.03m and $17.92m, respectively.

Japan technology industry deals in Q3 2020: Top deals

The top five technology deals accounted for 99.1% of the overall value during Q3 2020.

The combined value of the top five technology deals stood at $41.09bn, against the overall value of $41.45bn recorded for the month.

The top five technology industry deals of Q3 2020 tracked by GlobalData were:

1) Nippon Telegraph and Telephone’s $40.72bn acquisition of NTT DOCOMO

2) The $119.75m acquisition of Softbrain by C5-8 Holdings

3) Caffeinated Capital, Digital Garage, Dreamers Fund, Josh Buckley, KSK Angel Fund, Makers Fund, Mistletoe, Sequoia Capital Operations and Sozo Ventures’ $100m venture financing of Playco Global

4) The $85.66m acquisition of TypeBeeGroup by CareerIndex

5) Bain Capital, Goldman Sachs & Co, PayPal Ventures, World Innovation Lab (WiL fund) and YJ Capital’s venture financing of Hey for $66.5m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

 

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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