eTOKYO – U.S. private-equity firm Carlyle Group plans to pour more than $9.4 billion into Japanese businesses over the next three to five years, anticipating new opportunities arising from the coronavirus pandemic.

“Momentum toward reform at Japanese companies is picking up” after lagging behind Europe and the U.S., said Hiroyuki Otsuka, a managing director in Carlyle’s Japan operations, who noted the market’s “high potential.”

The firm looks to invest in operations spun off by big companies or in listed corporations seeking to go private. (Nikkei)