1 th 1 th Dec.2006 1 M&A 2 M&A 3 4 1 2 3 VS 4 5 6 1 1 2 3 4 2 1 2 3 1 2 3 M&A 1 1 2 3 2 3 1 2 2
1 th 1 th Dec.2006 1 2 3 1 M&A 2 4 TAF 1 TAF 2 M&A 3 4 5 6 7 5 1 2 3 4 3
1 th 1 th Dec.2006 2005 2006 TOB 2006 AOKI 4
1 th 1 th Dec.2006 1 1 M&A M&A 80 EU 90 EU M&A 21 M&A M&A M&A M&A M&A M&A Mergers & Acquisitions ( ) M&A M&A M A M&A 5
1 th 1 th Dec.2006 1975 2002 1999 GE TOB Takeover Bid TOB TOB 2004 TOB 51 M&A TOB 6
1 th 1 th Dec.2006 2 M&A M&A M&A 90 500 1990 2005 2500 1999 21 7 5 2000 12 UFJ 2 1 1999 6 9 M&A 7
1 th 1 th Dec.2006 3 8
1 th 1 th Dec.2006 4 M&A 4 9
1 th 1 th Dec.2006 10
1 th 1 th Dec.2006 11
1 th 1 th Dec.2006 12
1 th 1 th Dec.2006 2 1 vs 1960 1965 1980 vs vs vs 1990 1999 vs 13
1 th 1 th Dec.2006 2000 vs vs 2003 vs 2004 vs 2005 vs vs vs vs 2006 vs vs vs p93 2005 3 21 TOB 14
1 th 1 th Dec.2006 2 15
1 th 1 th Dec.2006 16
1 th 1 th Dec.2006 3 VS 4 17
1 th 1 th Dec.2006 18
1 th 1 th Dec.2006 5 19
1 th 1 th Dec.2006 6 20
1 th 1 th Dec.2006 21
1 th 1 th Dec.2006 3 M A 1 1 2 22
1 th 1 th Dec.2006 23
1 th 1 th Dec.2006 2 24
1 th 1 th Dec.2006 3 25
1 th 1 th Dec.2006 26
1 th 1 th Dec.2006 4 M&A 70 M A 80 M A 1 27
1 th 1 th Dec.2006 1) Yes No KMPG-Japan http://www.kpmg.or.jp/index.html 28
1 th 1 th Dec.2006 29
1 th 1 th Dec.2006 2 30
1 th 1 th Dec.2006 CEO COO 31
1 th 1 th Dec.2006 3 32
1 th 1 th Dec.2006 5 1 33
1 th 1 th Dec.2006 2 34
1 th 1 th Dec.2006 3 35
1 th 1 th Dec.2006 4 TAF M&A TAF M&A M&A M&A 36
1 th 1 th Dec.2006 M&A M&A M&A M&A TAF M&A 37
1 th 1 th Dec.2006 TOB 1 M&A TAF 3 38
1 th 1 th Dec.2006 M A 4 TOB 3 3 4 TOB TOB 20 60 TOB M A TOB 60 M A 60 30 30 TOB 30 39
1 th 1 th Dec.2006 5 TAF M A TAF M A M A M A TAF TAF 40
1 th 1 th Dec.2006 6 TAF 1 TAF TAF M A TOB 2 TAF 41
1 th 1 th Dec.2006 3 M A 4 2009 5 TAF TAF 42
1 th 1 th Dec.2006 TAF M A ISFJ 43
1 th 1 th Dec.2006 M A 44