Waseda Business School
(Graduate School of Business and Finance)


SUZUKI Kazunori, Professor



Professor Suzuki graduated from the University of Tokyo and joined Fuji Bank (now Mizuho Bank). He received his MBA (with distinction) from INSEAD in France and Ph.D. in Finance from University of London (London Business School). At Fuji Bank, he worked in M&A division where he developed corporate valuation model as a chief analyst. He left Fuji Bank in 2001 to teach at Chuo University. In 2012, he joined Waseda University. Professor Suzuki also serves for the editorial committee of Security Analysts Journal and advises on valuation model at Corporate Advisory Division of Mizuho Bank.

Academic Degrees

Ph.D. in Finance, University of London (London Business School)

MBA (with distinction), INSEAD in France

Bachelor in Laws (LLB), University of Tokyo

Selected Publications


Valuation in Practice, 2004, Diamond Inc. (in Japanese)

MBA Game Theory, 1999, Diamond Inc. (in Japanese).

A Hostile Takeover and Target’s Corporate Performance (Chapter 5 of Arai, Tomio, Ed., Examining Hostile Takeovers in Japan, 2007, Nikkei Book (in Japanese).

<Journal Articles> 

Timothy A. Kruse and Kazunori Suzuki, 2012,“Steel Partner’s activism efforts at United Industrial, Ronson, and BKF Capital – The good, the bad, and the ugly”Managerial Finance, Vol.38 No. 5/6. 2009

Timothy A. Kruse and Kazunori Suzuki, 2009,“Has the Threat of a Takeover Improved the Management of Target Firms?  An Analysis of Firms in which M&A Consulting, Japan’s First Hostile Bidder, Acquired Stakes” Corporate Ownership and Control 7-2.

Courses in charge

Corporate Finance (MSc in Finance)

Seminar (MSc in Finance)

Finance (Evening MBA)

Theory of Corporate Finance and Valuation (Evening MBA)

Seminar (Evening MBA)


URL of Personal Home Page: http://www.icko.jp/


Related articles

COAD Alexander, Professor
SAITO Kenji, Professor
NEMOTO Naoko, Professor
Page Top
WASEDA University

The Waseda University official website
<<https://www.waseda.jp/fcom/wbs/en>> doesn't support your system.

Please update to the newest version of your browser and try again.


Suporrted Browser