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In page Economy of Japan:
"Japanese companies have been involved in 50,759 deals between 1985 and 2018. This cumulates to a total value of US$2.636 billion which translates to ¥281.469 trillion.[1] In 1999, there was an all-time high in terms of value of deals with almost US$220 billion. The most active year so far was 2017 with over 3,150 deals, but only a total value of US$114 billion (see graph "M&A in Japan by number and value").[citation needed]
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