Japan

News & Analysis as of

France Considers New Anti-Corruption Authority

France has introduced a draft bill which proposes to establish a new anti-corruption authority, which will have the power to impose administrative sanctions and conduct US-style monitoring of companies’ anti-bribery...more

Global VAT Guide 2016 - Cross border supplies of intangible services, rights and digital content

Focusing on supplies of intangibles, such as services, intellectual property rights and digital content, we consider this Global VAT Guide to be timely, given that revenue authorities throughout the world are increasingly...more

Global Tax News - Japan: does reduction in corporate effective tax rate mean actual reduction of tax burden?

Japan’s amended Corporation Tax Act is now in force. Pursuant to the act, which came into force on 1 April 2016, the corporate tax rate has been reduced from 23.9 percent to 23.4 percent, with effect from the business...more

California Federal Court Holds That U.S. Securities Laws Do Not Apply to Unsponsored, Unlisted ADRs

The U.S. District Court for the Central District of California held on May 20, 2016 that the federal securities laws do not apply to U.S. transactions in unlisted, unsponsored American Depositary Receipts (ADRs) for a foreign...more

Tokyo’s New Train

There is a common sight in Japan — so common that it becomes almost invisible. That sight is trains. They are everywhere and I use them on a daily basis. I’ve grown to love the convenience and reliability of the Japanese...more

Biocon Announces Insulin Glargine Biosimilar Has Met Key Phase III Milestones, Is On Track for US and EU Regulatory Filings

Biocon recently announced that its global phase III clinical development program for biosimilar insulin glargine “has crossed key interim milestones,” putting Biocon “on track for regulatory filings in US and EU in FY...more

Hitachi Chemical to Plead Guilty to Price-Fixing

The Department of Justice (“DOJ”) announced this week that Hitachi Chemical Co. will plead guilty to a criminal charge for conspiring with competitors to fix the prices of electrolytic capacitors sold in the United States and...more

Renewable Alert Letter 25: Introduction of Listed Renewable Energy Funds

Procedures began in April 2016 for the long awaited listing of the first infrastructure fund on the Tokyo Stock Exchange targeted at investments in renewable energy plants and other infrastructure facilities. Among the...more

MoFo IP Newsletter - April 2016

The 2015 Changes to the Federal Rules Matter for Your Patent Case and Tech Business: Getting in the Courthouse Door Just Got Tougher - It used to be that a complaint for patent infringement would survive a motion to...more

Time is on Your Side: Depositions in Japan

The restrictive processes and guidelines for taking depositions in Japan, though frustrating at times, actually contain benefits stemming from their very rigidity. An important aspect which must be taken into consideration...more

Tokyo Dispute Resolution and Crisis Management Newsletter - April 2016

Energy Charter Treaty Arbitration - Claims Against Spain and Italy as a Result of Alterations to their Renewable Energy Legislation - In recent years, there have been a raft of Energy Charter Treaty (“ECT”)...more

“We’re Not Gonna Take It!” Significant Changes to Japan’s Trade Secret Protection Law

After more than a decade of successive incremental statutory and regulatory changes aimed at strengthening trade secret protection of in Japan, Japan really rolled up its sleeves in 2015 and made significant changes to...more

Tokyo Dispute Resolution and Crisis Management Newsletter - March 2016

Global Cartel Enforcement Update - Guidance on Managing International Investigations - The U.S. Department of Justice’s Antitrust Division has continued to successfully prosecute corporations and individuals for...more

Changes in tax treatments of directors' and officers' liability insurance premiums

On 24 February 2016, the National Tax Agency (NTA) announced a new tax treatment of premiums of directors' and officers' liability insurance (D&O Insurance). Under the new tax treatment, a company will not need to treat the...more

Global Tax News - March 2016

China expands VAT reform to new sectors: launch date – May 1 With the announcement by Premier Li, industry players are now looking forward to the long-awaited new VAT policies applying to the construction, real estate,...more

JFTC Wields Antitrust Law to Enforce FRAND Obligations of Standard Essential Patent

On January 21, 2016, the Japan Fair Trade Commission (“JFTC”) published revisions to its guidelines for the Antimonopoly Act (“AMA”). The new guidelines make it a fair trade practice violation for holders of a standard...more

Japan changes tax treatment of D&O liability insurance premiums

Japan’s National Tax Agency (NTA) has announced a new tax treatment of premiums for directors' and officers' liability insurance. ...more

Japan Deposition Tip – Go Local

The process of taking depositions in Japan is quite different than in the U.S. or other locales. There are a few hurdles involved, but there is a way to knock down several with just one step. Eliminate the panic that can...more

US Federal Deposit Insurance Corporation Chairman Addresses Supervisory Challenges and Cross-Border Resolution of Systemically...

US Federal Deposit Insurance Corporation Chairman Martin Gruenberg discussed the improved financial condition of US banks, supervisory challenges that the FDIC is focused on, and developments in cross-border cooperation with...more

Enhanced Sharing of Antitrust Evidence: New EU/Japan Cooperation Agreement

On 15 March 2016, the Japan Fair Trade Commission (JFTC) and the European Commission (Commission) announced their intention to upgrade the current antitrust co-operation agreement between Japan and the European Union. The...more

The Effect of Article 63 Amendments on Existing Article 63 Exemption Operators

Existing Article 63 Exemption Operators will be subject to new obligations and duties starting March 1, 2016. Beginning March 1, 2016, the amendments to the exemption concerning the Special Business Activities for...more

Your daily dose of financial news The Brief – 2.25.16

Japan’s Sharp Corp.—a 103-year-old company that’s progressed from mechanical pencils (“Ever-SHARP”) to calculators to LCD TVs—has surprised many by agreeing to a $6.24 billion takeover offer from Taiwan’s Foxconn (best known...more

2016: Developments in Intellectual Property Law You Should Know About

This year the IP world will be brimming with changes, the largest of which will take place in the European Union. Sweeping reforms in EU trademark law will be implemented in March as well as the likelihood of the Unitary...more

The Financial Report - Volume 5, No. 3 - February 2016 (Global)

Democratic presidential candidates Bernie Sanders and Hillary Clinton have been taking jabs at one another about who would do a better job of holding financial services firms and their employees responsible for misconduct....more

Focus on: Japan and Trade Secrets

The protection of trade secrets and confidential information is vital for all companies. In the US and many countries in Europe, trade secret protection has been a longstanding issue and focus by governments and companies. In...more

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