Japanese banks are less reluctant to finance hostile takeovers due to new government takeover guidelines.

Japanese banks are less reluctant to finance hostile takeovers due to new government takeover guidelines, according to Akihiro Fukutome, the head of the Japanese Bankers Association. The guidelines have helped lower psychological hurdles, contributing to Japan's shift towards Western-style dealmaking. Hostile bids, once shunned due to their perceived disruption, are becoming more frequent.