1. A senior executive at KKR Co-Head of Global Private Equity, Pete Stavros, stated that more Japanese firms are turning to private equity for growth due to ongoing reforms in Japan.
2. The reforms are increasing transparency, strengthening independent boards, and improving capital efficiency, leading to greater investor confidence.
3. Japanese companies are over-diversified and have too many non-core subsidiaries, which spread capital and management attention thin. KKR plans to acquire majority stakes in these companies and work with management to enhance their value, seeing opportunities for growth within Japan.