Mitsubishi Motors Corp.

Canon Inc.: The volume is its highest in about a decade, the data show, as several of the nation bigger companies, including Toshiba Corp. and Mitsubishi Motors Corp., are seeking to raise capital to help cope with corporate crises, according to The Japan Times. Toshiba, confronting a scandal over inflated earnings, sold its medical device unit to Canon Inc. for ¥665.5 billion in March. Announced acquisitions involving Japanese firms as the target or asset seller in the first five months of 2016 rose 62 percent to $55.4 billion, compared with the same period last year, according to data compiled by Bloomberg. Mitsubishi Motors earlier this month agreed to sell a 34 percent stake to Nissan Motor Co. for about ¥237.4 billion. Deals aimed at responding to crises have increased dramatically in Japan, Toshiyuki Mitsuzawa, Tokyo-based head of cross-border mergers and acquisitions at Frontier Management Inc., said by phone. The capital infusion could be a crucial lifeline to the maker of Montero SUVs, whose market value is down more than 30 percent since it disclosed on April 20 that it overstated the fuel economy of its minicars and had been improperly testing some models since 1991. (news.financializer.com). As reported in the news.