Factors influencing dealmaking Strong resurgence in Japanese dealmaking Figure 9. Japan’s disclosed M&A deal values ($bn) Driven by the weak yen, Japanese corporate profits are at their highest levels in $81.4bn over ten years. At the same time, Japan remains saddled with falling domestic consumption compounded by a decline in real earnings, an aging population and a $56.4bn shrinking GDP. $46bn In response to these pressures, Japanese companies are actively looking abroad for growth prospects. $10.7bn 2009 2015 YTD 2009 2015 YTD Outbound Domestic Source: Deloitte analysis based on data from Thomson One Banker