News & Analysis as of

Japan

HaystackID

Biden Poised to Block Nippon Steel’s Acquisition of U.S. Steel, Citing National Security Concerns

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President Joe Biden is reportedly poised to formally block the proposed $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel, a decision anticipated to have significant implications for the American steel industry...more

Fisher Phillips

AI Programs in Japan are Forcing Workers to Smile More – Would That Work in the U.S.?

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A Japanese supermarket chain is getting attention for implementing an AI tool called “Mr. Smile” that monitors workers for the quality and quantity of their smiles when interacting with customers, raising questions around the...more

White & Case LLP

Despite short-term volatility, rising interest rates may improve Japan’s economic outlook

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Rising interest rates have challenged some markets, but in Japan, where rates have languished in negative territory for almost a decade, a rate increase is generally welcome news for investors - After waiting almost two...more

King & Spalding

CO2 Exports in Asia Pacific: Japan’s Approval of the 2009 Amendment to the London Protocol

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In this Alert, we review the impact of the recent acceptance by the Japan Diet of the 2009 Amendment to the London Protocol. Acceptance of the Amendment provides a critical enabler for the export of CO2 from Japan for...more

Morrison & Foerster LLP - MoFo+

Softbank Partnership Brings Rare Victory For Refugee In Japan

Morrison Foerster lawyers successfully helped a pro bono client secure refugee status in Japan. This outcome was the result of a partnership with SoftBank, which suggested in 2021 that the firm join its in-house lawyers in...more

White & Case LLP

Asia Pacific antitrust update – July 2024

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As we move into the second half of 2024, the competition law landscape across the Asia-Pacific region continues to shift towards tighter regulation and increased enforcement. Faced with the intricate challenges of modern...more

Kilpatrick

Legal Alert | Japan is Primed for Increased Foreign Direct Investment

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By any metric, Japan should have great appeal for foreign investors. It is an advanced economy with a strong market, established industrial base, renowned tech sector, a reputation for quality, and a stable and secure...more

Paul Hastings LLP

Japanese Supreme Court Rules on Regulations Against Unverified Claims in Advertising - The Validity of Regulatory Design Affirmed...

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How unverified claims in advertising can be regulated is a developing legal issue in Japan. What makes this issue complicated is its bearing on the freedom of speech. Depending on how one feels about the degree to which the...more

Hogan Lovells

Japan: Interim report on the revision of the Act on the Protection of Personal Information

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The 2020 amendment to the Act on the Protection of Personal Information (“APPI”) stipulates that the APPI must be reviewed every three years — the time for a review has arrived. In the past, since its enactment in 2003, major...more

World Law Group

Doing Business in Japan

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In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In...more

Kilpatrick

Japan is Primed for Increased Foreign Direct Investment

Kilpatrick on

By any metric, Japan should have great appeal for foreign investors. It is an advanced economy with a strong market, established industrial base, renowned tech sector, a reputation for quality, and a stable and secure...more

White & Case LLP

On the path to decarbonisation: Japan enacts its first legislation on hydrogen and CCS

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On 17 May 2024, the Japanese parliament approved two energy-related bills into law: - the Hydrogen Society Promotion Act1; and t - he CCS Business Act.2 These are Japan's first laws relating to the business of hydrogen...more

Jones Day

The Tokyo District Court Holds an Artificial Intelligence System Cannot Be an Inventor Under Japanese Patent Law

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Following similar decisions in other countries, a Japanese court held for the first time on May 16, 2024, that an inventor in the Patent Act is limited to a natural person and does not include an artificial intelligence...more

Mayer Brown

Japan Mulls ISSB-Based Sustainability Disclosure, Mandatory After 2027

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Japan is considering whether to require all of its primary listed companies to publish an annual sustainability report which substantively conforms with the standards issued by the IFRS’ International Sustainability Standards...more

Maynard Nexsen

Japanese Exchange Specialists Granted 3 Year Extension Under US-Japan Memorandum of Cooperation

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On April 19, 2024, the U.S. Department of State announced the United States and Japan have agreed to extend the maximum period of stay for Japanese exchange specialists to 36 months on a J-1 visa. Under the previous...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Trending in East Asia: Digital Nomad Visas

The use of digital nomad visas is a new trend gaining momentum in East Asia. These visas give individuals the legal right to work remotely while residing away from their countries of permanent residence. ...more

Paul Hastings LLP

Lawyers’ Supremacy over AI?: a Japan’s Tentative Perspective - MOJ issues Guidelines on AI-based review of contracts and how that...

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Japan, similarly to many other countries, has had a long tradition of keeping non-lawyers out of legal practice for the protection of public interest and lawyers’ livelihood. This principal is laid out in Article 72 of the...more

White & Case LLP

Japan’s PE market is thriving, with potential for exits to follow

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Stronger stock market performance bodes well for exit conditions in Japan’s rapidly maturing PE space - Interested observers have long anticipated the “arrival” of Japan’s private equity market. As the world’s...more

Holland & Knight LLP

Holland & Knight Defense Situation Report: May 2024

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Welcome to Holland & Knight's monthly defense news update. We are excited to bring you the latest in defense policy, regulatory updates and other significant developments....more

White & Case LLP

AI Watch: Global regulatory tracker - Japan

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Japan adopts a soft law approach to AI governance but lawmakers advance proposal for a hard law approach to generative AI foundation models. Laws/Regulations directly regulating AI (“AI Regulations”) Japan currently...more

Hogan Lovells

Can an AI be a patent inventor? (Japan)

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On May 16, 2024, the Tokyo District Court (the “Court”) found that an artificial intelligence (“AI”) that autonomously generated an invention cannot be recognized as the inventor of that invention. The Court also expressed...more

HaystackID

U.S. Steel-Nippon Steel Merger: A Potent Catalyst for U.S.-Japan Relations and Technological Advancement

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As the proposed $14.9 billion acquisition of U.S. Steel by Nippon Steel garners global attention, its implications extend far beyond mere corporate gains. This merger symbolizes a strengthening of the crucial U.S.-Japan...more

Jackson Lewis P.C.

State Department Announces New J-1 Visa Japanese Specialist Program

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The Department of State announced that the United States and Japan have established a new J-1 Exchange Program – the Japanese Specialist Program. The new program specifically facilitates the exchange of Japanese language and...more

Jones Day

Hydrogen Supply and Utilization Promotion Bill: Supporting Low-carbon Hydrogen and Derivatives in Japan

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The Situation: The Japanese Cabinet has approved a draft bill to financially incentivize the supply and utilization of low-carbon hydrogen and its derivatives ("Hydrogen Bill") as part of its push to reach net zero by 2050....more

Jones Day

Class Actions Worldview - A Study of Trends Around the Globe - Part IV China, Japan, Belgium, The Netherlands, And England And...

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Although class actions have been common in the United States for decades, they have not been as widely used in the rest of the world. The situation and risks remain in flux, however, as more countries have renewed momentum to...more

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