Inside Sony, Panasonic and Japan's Corporate Reinvention

After decades of economic conservatism and cash hoarding, Japanese corporations are putting reform into practice. Spin-offs are accelerating, capital structures are shifting, and private capital is stepping in to finance transformation. From Panasonic Automotive's carve-out under Apollo to Sony's pivot from electronics to entertainment, Japan's corporate leaders are embracing a new model for long-term competitiveness.