Japan to tell companies to consider economic security in M&A guidance

Economy ministry wants to avoid making price the determining factor in deals

An ideal acquisition should balance corporate value and shareholder interests, Japan's economy ministry will argue. (Nikkei illustration)

TOKYO -- The Japanese government will provide additional guidance for corporate takeovers, stating that target companies may consider economic security and the views of employees and business partners when determining whether to accept an acquisition proposal, Nikkei has learned.