Japan

News & Analysis as of

Japanese Trading Company Pleads Guilty In DOJ FCPA Enforcement Action

On March 19, the DOJ announced that Marubeni Corporation, a Japanese trading company, agreed to plead guilty to violating the FCPA by participating in a seven-year scheme to bribe high-ranking government officials in...more

The Hague Convention: Defending a Japanese Company in U.S. PL Litigation

Japan is currently the fourth-largest U.S. trading partner, exporting on average, $130 billion in goods to the United States each year. More than half of all of those goods are manufactured products in the form of vehicles or...more

Deemed Public Officials: A Potential Risk for US Companies in Japan

Japan is one of the lower-risk countries for US companies in terms of compliance issues involving bribery and corruption. Transparency International’s 2013 Corruption Perceptions Index places Japan 18th out of 177...more

Mexico to Replace Japan as No. 2 Automobile Exporter to U.S.

Mexico is about to replace Japan as the second largest exporter of automobiles to the United States by the end of this year. Mexico might even replace Canada as the top exporter by the end of 2015. ...more

On The Horizon - Renewable Energy in Asia: Japan

1. What are the driving factors for increasing re newable energy production in Japan? Japan is heavily dependent on imported energy. One of the driving factors in Japan for increasing renewable energy production is the...more

Japan’s Automakers Forecast Record-High Profits

Japan’s automakers are forecasting record-high profits for the fiscal year ending March 31, 2014. The weakening yen is a big contributor to this phenomenon, but it isn’t the only factor. By February 10, 2014, Japan’s...more

JCAA Rules Revisited

New JCAA Rules of Commercial Arbitration recently have been released after a review and amendment process that began in July 2012. The JCAA Rules last were amended in 2008, and the new rules took effect on February 1, 2014....more

Japan Back In Spotlight For Real Estate Investment

Japan is back in the spotlight for international real estate investors. Recent surveys indicate that Japan was the third most active market globally in 2013 after the U.S. and the U.K., with transaction volumes of...more

An overview of Japanese employment law

Employees in Japan enjoy significant protection under Japanese employment law and through well-established court precedents. Guidelines and notices issued by the Ministry of Health, Labour and Welfare (MHLW) are also employee...more

Far Beyond the Valley

Global tech hubs are a source of technology, talent, and funding - While media coverage of the technology industry focuses largely on Silicon Valley, savvy tech and life sciences executives have been looking much...more

International Privacy - 2013 Year in Review - Asia

1. China - China’s Personal Information Protection Law Proposal was submitted to the State Council in 2008, which was followed by the Ministry of Industry and Information Technology’s non-binding Internet...more

Successful Strategies For Doing Business In Asia: Japan

1. What role does the government of Japan play in approving and regulating foreign direct investment? Generally speaking, foreigners can conduct business in Japan on an equal legal footing with Japanese citizens. The...more

December 2013: Japanese Litigation Update

Japanese Government Tightens Insider Trading Regulations. On June 12, 2013, the Japanese Diet passed an amendment to the Japanese Financial Instruments and Exchange Act, including enhancements of many insider trading...more

Healing More Important Than Dealing in The Pacific

Vice President Joe Biden’s visit to South Korea, Japan, and China during the first week of December was to have been about bilateral issues with each country, and the Trans-Pacific Partnership (“TPP”) with South Korea and...more

Japan Enacts Regenerative Medicine Law and Revisions to Pharmaceutical Affairs Law

On 20 November 2013, the Japanese Diet passed the Act regarding Ensuring of Safety of Regenerative Medicine (the "Regenerative Medicine Law") and the revisions to the Pharmaceutical Affairs Law (new PAL) as it applies to...more

Tokyo 2020 Olympics Update: Procurement

BACKGROUND - Tokyo will host the Games of the XXXII Olympiad from 25 July – 9 August 2020, and the Paralympic Games from 25 August – 6 September 2020. According to Jacques Rogge, former President of the...more

Japan: Casino promotion legislation submitted

Currently, gaming is generally banned in Japan. There are a few limited exceptions to the ban on gambling with respect to government-managed sports betting in horseracing, speedboat racing, bicycle racing and motorcycle...more

Utility Patent Highlights from the IPO’s 2013 IP Record

The Intellectual Property Owners Association (IPO) releases an annual report containing statistics on patent activity in the United States and in the top five patent offices around the world. The 2013 IP Record draws on...more

World Class: The International Proliferation of Class Actions

A group expected to number in the millions sues Google for alleged privacy violations. Tourists sue a travel operator for putting them up in accommodations inferior to what was promised. 1700 plaintiffs seek damages for the...more

IFLR Regulatory Capital Survey 2013 (Japan Survey)

Section 1: Basel III implementation - 1.1 How advanced is Basel III implementation in your jurisdiction? The Japan Financial Services Agency (JFSA) has issued the following revised notifications: Notification 19...more

Tokyo 2020 Olympics Update Part 2 - Procurement

BACKGROUND - Tokyo will host the Games of the XXXII Olympiad from 25 July - 9 August 2020, and the Paralympic Games from 25 August - 6 September 2020. According to Jacques Rogge, former President of the...more

US China Trade War–Developments Trade, Customs, Patents, US/China Antitrust And Securities

There have been some major developments in the trade, Customs fraud, patents, US/Chinese antitrust, and securities areas. I have just returned from a trip of more than 2 weeks in China. While in China, we discussed US...more

2013 Reform of Short Selling Regulations in Japan

On November 5, 2013, the amendments to the laws and regulations related to the Financial Instruments and Exchange Law of Japan (the “FIEL”) went into effect, in which regulations concerning short selling in the Japanese...more

Doing Business in Japan

I am pleased to present to you DLA Piper’s “Doing Business in Japan” Guide. Japan is the world’s third largest economy and remains cutting-edge in business. In 2012, 68 Global 500 Companies were headquartered in...more

US China Trade War Developments –Trade, False Claims Act, Patents, US/Chinese Antitrust And Securities

On December 3, 2013, former Congressman Don Bonker of APCO and I will be speaking in Vancouver, Canada at a breakfast conference held by the American Chamber of Commerce on “The Trans-Pacific Partnership Demystified: A...more

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