Corporate Japan Is on Foreign Buying Spree. Toshiba Shows Pitfalls.<br />Mr. Sayama said that Shareholders ask executives why they’re holding on to so much cash, and they say they’re thinking about M&A deals,<br />Satoshi Tsunakawa, Toshiba’s president, said at a news conference last month<br />that Toshiba had approved the acquisition in the hope that, by taking direct control of Stone & Webster, Westinghouse could reduce cost overruns.<br />Atsutoshi Nishida said that I want to make this an example of a successful foreign acquisition,<br />By JONATHAN SOBLEMARCH 14, 2017<br />TOKYO — Toshiba of Japan had big dreams for global expansion when it bought the American nuclear company Westinghouse 11 years ago.<br />Overseas acquisitions have doubled in value over the past three years, as declining business prospects at home propel previously<br />inward-looking companies into foreign markets, where more famous names like Toyota and Honda have already made their mark.<br />Hideaki Miyajima said that There’s a sense that they have no other choice, that the only way to grow is though foreign acquisitions,
