1. Summary: Overview of M&A Activity In September 2025, Japanese companies recorded 50 cross-border M&A and capital alliance transactions across APAC—a sharp increase from 12 deals in August. By type: Acquisitions (14), Minority investments (24), Divestitures (8), Partial transfers (1), Fundraising (1), Corporate restructuring (2). By region: Singapore (16), China (7), Thailand (6), Vietnam (6),…