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Taku Masuda is a trusted economic consultant, specializing in antitrust and competition law as well as securities and valuation assessment. He offers consultancy services grounded in the realms of economics and statistics.

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In the domain of antitrust and competition policy, Dr. Masuda has been actively engaged in evaluating and supporting companies, both domestic and international, in their endeavors such as cross-border M&A, by assessing the risks of regulatory examinations by competition authorities such as the Japan Fair Trade Commission. His expertise encompasses quantitative analysis based on econometrics and microeconomics, harmonizing the intricacies of various national competition law systems including antitrust regulations. His diverse clientele spans industries including aviation, food, steel production, coal, and construction materials.

Furthermore, he has contributed to the creation of investigation reports related to competition policy and antitrust practice, commissioned by entities such as the Ministry of Economy, Trade and Industry, the Japan Fair Trade Commission, and global digital platforms.

In the realm of securities and valuation assessment, he brings his experience to bear in cases where the valuation of stocks comes under scrutiny.

Beyond these, Dr. Masuda has extended his expertise in the fields of survey research and risk advisory, leveraging his knowledge in econometrics and economics. In the former, he played a role in designing and analyzing surveys conducted by the Consumer Affairs Agency, while in the latter, he constructed risk models for strategic analysis of business management and investment portfolios for power companies.

Prior to joining NERA, Dr. Masuda worked at one of Japan's foremost financial advisory service firms, where he was immersed in economic analysis related to antitrust law, intellectual property litigation, economic impact assessment, and demand forecasting.


  • PhD in economics, The University of Tokyo, Japan
  • MA in economics, The University of Tokyo, Japan
  • BA in liberal arts, International Christian University, Japan



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  • 東京大学 経済学研究科 経済学博士
  • 東京大学 経済学研究科 経済学修士
  • 国際基督教大学 教養学部卒


  • 日本語
  • 英語