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Japan outbound investment guide

While Japanese outbound investment continues to reach record levels, the global landscape in which these investments are made has grown markedly more complex

Baker McKenzie acts on USD435m salmon farm project in Japan

Baker & McKenzie (Gaikokuho Joint Enterprise) guides Pure Salmon Japan on financing for a JPY70 billion (USD435 million) Mie prefecture development

Indonesia dispute guide: Arbitration, enforcement, insolvency

By Rando Purba, Dimas Satya Nugraha, MAPS and Kohei Omi, Oh-Ebashi

Indonesia investment disputes: Strategic forum selection, enforcement planning, asset recovery, insolvency risks and cross-border co-ordination

Korea’s legal landscape: Strategic window for Japanese investors

By Min Young PARK, Wooyoung CHOI and Jae Hoon CHOI, Lee & Ko

South Korea’s sweeping reforms invite Japanese investors to reassess market opportunities, risks, governance and collaboration

Dispute management for Japanese companies in Korea

By Sang-Kang Lee and David Yang, LIN LLC

South Korea dispute resolution guide for Japanese investors amid reforms, e-litigation and regulatory enforcement

Singapore dispute management: A guide for Japanese companies

By Shem Khoo and Mimi Ahn, Focus Law Asia

Practical guidance on why Singapore remains the dispute resolution hub for Japanese companies investing across Asia

Simpson Thacher advises Japan’s JAC on USD1.4bn fund series

Simpson Thacher & Bartlett advises Japan Activation Capital on a fund series, raising a total of JPY235 billion (USD1.4 billion)

Jones Day appoints OpenAI secondee as of counsel in Tokyo

Jones Day strengthens its corporate practice in Tokyo with the appointment of Daigo Takahashi as of counsel

Mori Hamada, Nishimura act on PayPay’s USD838m acquisition

Firms assist on fintech company PayPay Corporation’s proposed JPY134.3 billion (USD838 million) 70.2% acquisition of T&D Financial Life Insurance

White & Case lands M&A partners from Freshfields in Tokyo

White & Case beefs up its global M&A practice in Tokyo with the addition of partners Noah Carr and Gordon Palmquist

Kirkland & Ellis eyes Tokyo in first Asia office ex-China

Kirkland & Ellis plans to open an office in Tokyo in the firm’s first expansion in Asia beyond China

HSF Kramer hires ex-Nishimura & Asahi partner in Tokyo

Herbert Smith Freehills Kramer bolsters corporate practice in Tokyo with the addition of partner James Campbell

Clifford Chance acts on Japanese animal health JV Ceva Bussan

Clifford Chance advises Mitsui & Co on a deal with French multinational Ceva Santé Animale to establish Japanese joint venture Ceva Bussan Animal Health

Firms guide Fosun Pharma’s option agreement with AriBio

HSF, Kewei and Goodwin advise Fosun Pharma on USD240 million AriBio Alzheimer’s drug agreement

KICA, JILA deepen cross-border legal ties in Tokyo exchange

KICA and JILA strengthen cross-border collaboration at a joint legal exchange event in Tokyo

LPA Tokyo boosts corporate, M&A with new partner

LPA Tokyo hires partner Yoshiki Tsurumaki from King & Wood to boost corporate and M&A

MinterEllison, Nishimura & Asahi steer USD500m LNG investment

MinterEllison and Nishimura advise Idemitsu’s MidOcean LNG investment in USD1.2 billion fundraise

Simpson Thacher assists on USD711m global equity offering

Simpson Thacher advises Japan’s Sumitomo Pharma on its USD711m international share offering

Chasing zero

Japan and Taiwan take steps toward a low-carbon future

Storage battery opportunities amid Japan’s green transformation

By Masamichi Sakamoto and Kentaro Sawata, City-Yuwa Partners

HSF Kramer, Oh-Ebashi steer JV and airline catering buy

Firms serve Kobe Bussan and Gourmet Kineya on their Meal Hub joint venture and airline catering business acquisition

Nishimura & Asahi advises on USD572m business alliance

Japanese law firm Nishimura & Asahi has advised financial services group Resona Holdings on its JPY90 billion (USD572 million)

Firms guide USD710m Japan semiconductor strategic partnership

Firms advise on semiconductor manufacturer Onto Innovation’s USD710 million 27% acquisition X-ray technology maker Rigaku

Ex-Mori Hamada talent opens independent Ichigawa Legal Studio

Masashi Ichikawa, formerly of Mori Hamada & Matsumoto and Yanagida & Partners, has launched his own independent law firm in Tokyo

Nishimura & Asahi acts on Nippon Seiki’s USD312m Toyodenso buy

Nishimura & Asahi advises on Japanese automotive instrument manufacturer Nippon Seiki’s JPY49.8 billion (USD312 million) Toyodenso share buy

Key revisions to Japan’s Whistleblower Protection Act

By Kengo Nishigaki, GI&T Law Office

Japan’s amended Whistleblower Protection Act shifts burden of proof, imposes criminal penalties and raises retaliation risks  

Mori Hamada guides Hitachi’s USD690m reorganisation

Mori Hamada & Matsumoto advises Hitachi Global Life Solutions on the JPY110 billion reorganisation of its home appliance business

V&T opens Osaka office, expanding its international presence

Beijing-headquartered V&T Law Firm has launched an office in Osaka, marking its second branch outside the Chinese mainland

Norton Rose, Kinstellar steer USD2.2bn Asia clean energy JV

Norton Rose Fulbright and Kinstellar have advised on a USD2.2 billion, 50-50 joint venture between UAE renewable energy company Masdar

Linklaters acts for JPI on USD1bn Ashmore investment

Linklaters advises Japan Post Insurance (JPI) on an initial USD1 billion injection in a partnership with London-based investment management company Ashmore Group

Nishimura & Asahi guides Panasonic power tool sale to Makita

Nishimura & Asahi assists Panasonic on the transfer of its power tool division to Japanese manufacturer Makita

JILA appoints Satoshi Shinkuma as new head, boosts visibility

The Japan In-house Lawyers Association (JILA) has appointed Satoshi Shinkuma as its new president, succeeding Hideyuki Sakamoto

A&O Shearman makes history hiring Nagashima Ohno partner

A&O Shearman hires partner from one of Japan’s big four in a historic first for an international law firm in Tokyo

Simpson Thacher team advises on NSSK IV Series Funds

Simpson Thacher & Bartlett advised Japanese private equity firm Nippon Sangyo Suishin Kiko (NSSK) on the formation of its NSSK IV Series Funds

Ex-National Police Agency director general joins Anderson Mori

Japan’s Anderson Mori & Tomotsune has hired Yuko Sano, formerly of the National Police Agency, as counsel

Firms act on Apollo’s largest PE investment in Japan

Apollo Global Management acquires Nippon Sheet Glass, becoming the asset manager’s largest private equity investment in Japan

Philippines’ Sabornay Law forms alliance with Uryu & Itoga

Manila-based firm Sabornay Law has formed an alliance with Japan’s Uryu & Itoga (U&I) to strengthen cross-border legal capabilities between the Philippines and Japan

Mori Hamada hires energy and infrastructure partner in Tokyo

Japanese law firm Mori Hamada & Matsumoto bolsters its energy practice with Kristian Bradshaw joining in Tokyo as a partner

Lee & Ko, Shin & Kim advise on USD200m Kakao Games investment

South Korean law firms Lee & Ko and Shin & Kim are counselling on LY Corporation-backed LAAA Investment’s KRW300 billion (USD200 million) investment in Kakao Games

Mayer Brown adds seven lawyers from A&O Shearman in Tokyo

Mayer Brown hires seven A&O Shearman lawyers, including partners Toshiro Mochizuki and Kana Morimura, as the Tokyo office expansion continues

MoFo advises NSSK on restructuring of Japan’s pro golf tour

Morrison Foerster is advising investment management firm Nippon Sangyo Suishin Kiko Group on the restructuring and commercialisation of Japan’s men’s professional golf tour  

M&A: A new way

As M&A activities climb across the region, rising regulatory complexity and shifting market dynamics are redefining strategy, execution and the evolving role of general counsel

Asia’s AI era

As artificial intelligence reshapes economies and industries, jurisdictions across Asia are racing to set the rules for the AI age

Japan’s AI governance: Flexibility & good design

By Harold Godsoe and Tatsuro Terada, Kojima Law Offices

Power shift

From offshore wind zones to new grid infrastructure laws, Asian jurisdictions are reshaping the region’s energy sector

Japan’s 2026 plan to promote offshore wind energy in EEZ

By Shunta Doki and Yosuke Nakano, Oh-Ebashi LPC & Partners

Latest Business Law Updates in Asia 2026

A roundup of noteworthy legal developments in the region

Pitching law

Kohei Miyadai is breaking new ground in Japan as the first lawyer who was also a professional baseball player

Deal-making across borders

Cross-border transactions are accelerating across Asia, bringing new opportunities and regulatory hurdles

Cross-border transaction laws report: Japan

By Katsuya Hongyo and Miki Fukada, Chuo Sogo

Nominate now! Japan top lawyers 2026

Asia Business Law Journal is seeking the help of in-house counsel and other business and legal professionals in Japan and around the world to identify the top private practice lawyers in Japan

Sidley bolsters Tokyo office with ‘transformational hires’

Sidley Austin has added Simon Barrett as a co-managing partner and Olivia Matsushita a partner in its energy, transportation and infrastructure practice

The house loses

As Asian regulators tighten controls on online gambling, cross-border networks and advancing technologies remain one step ahead, testing the limits of regulation

Simmons & Simmons hires ex-IBM GC for Tokyo dispute practice

Simmons & Simmons has appointed Chris Studebaker, former general counsel at IBM Japan, as a partner and head of its dispute resolution initiative

Former Norton Rose maritime practice head rejoins WFW

Watson Farley & Williams (WFW) has appointed Paul Coggins as a partner in its Tokyo office to strengthen its Asia-Pacific maritime offering

MoFo, Paul Hastings advise on USD4.5bn homebuilder deal

MoFo and Paul Hastings advised Japanese forestry and housing company Sumitomo Forestry on its approximately USD4.5 billion

White & Case boosts real estate practice, adds Tokyo partner

White & Case has hired Eduard (Ed) Sheremeta as a partner in Tokyo to expand its real estate, mergers and acquisitions, and private capital offerings in the Asia-Pacific region

Japan In-House Counsel Network announces new leadership 

The Japan In-House Counsel Network (JICN) has appointed Novo Nordisk general counsel Akiko Kikuchi as its new co-president to lead alongside Angela Yuen

Withers launches projects, energy practice in Asia

Withers has launched a dedicated projects and energy practice in Asia by hiring partners Ean MacPherson and Fumihiko Hori and special counsel Keisuke Misuda

Latest Business Law Updates in Asia 2025

Stay informed on the latest legal developments shaping Asia's business landscape

India-Japan cross-border arbitration: Trends and enforcement

By Krishna Vijay Singh and Muneeb Rashid Malik, Kochhar & Co

Deepening India-Japan ties through aligned, pro-enforcement arbitration frameworks and growing institutional dispute resolution

Jones Day lifts Asia trio to partnership

Global firm Jones Day has promoted three Asia-Pacific based lawyers—Barry Lai (Taipei), Zack Oswald (Singapore)

Buoyant hotel investment and M&A in Japan

By Christopher Marc Hodgens, Hayato Kimura and Akiko Hosokawa, Atsumi & Sakai

Japan remains the most active and favored market for hotel investment and M&A in the Asia-Pacific region, driven by continuing growth in inbound tourism

Japan’s SBI Shinsei Bank eyes year-end USD2.4bn public float

SBI Shinsei Bank’s JPY370.2 billion IPO set for 17 December, with top firms advising on one of Japan’s largest listings this year

Atsumi & Sakai adds ex-JFTC chief, antitrust partners

Atsumi & Sakai has significantly deepened its competition and antitrust bench in Tokyo by onboarding former Japan

Japan Law Firm Awards

Asia Business Law Journal names the country’s top law firms

Strategies using ‘visible’ patents in Japan’s fintech

By Hiroyuki Ohno, Ohno & Partners

Orrick boosts Singapore bench with first disputes partner

Orrick has strengthened its Asia practice and Singapore office by adding Elaine Wong as its first disputes and international arbitration partner

Game on! The legal frontiers of esports and gaming in Asia

Esports and gaming have become powerful engines of innovation across Asia, yet each market faces its own peculiar legal and regulatory challenges

Esports and gaming regulations in Japan

By Tomohiro Takagi, Yuki Matsumoto and Kazuki Ebihara, Nishimura & Asahi

JILA hosts 180th seminar, redefines corporate governance

JILA's 180th seminar in Tokyo gathered professionals to discuss evidence-based, intentional corporate governance culture

Ashurst boosts cross-border offering with Tokyo talent

Ashurst has hired Chihiro Ashizawa as a partner in Tokyo to strengthen its Japanese law and cross-border financing capabilities

Tariff triage

Facing unpredictable tariffs, compliance crackdowns and rising trade tensions, companies in Asia are rethinking contracts, manufacturing and supply chains

Mapping Asia’s private equity outlook

Experts unpack the regulatory changes shaping Asia’s private equity landscape

Laws and regulations on private equity funds in Japan

By Yuki Sato, Chiho Saito and Taiki Hashimoto, So & Sato Law Offices

Safeguarding consumers: Legal frameworks in Asia

From stricter e-commerce regulations to clearer liability standards, consumer laws are reshaping accountability across the region

Consumer protection and product liability laws in Japan

By Rie Hosaka and Risako Suzuki, City-Yuwa

Greenberg expands Japan practice with trade specialist hire

Junko Suetomi joins Greenberg Traurig's Tokyo office as a shareholder, specializing in international trade and customs law

Japanese firms steer USD1.9bn construction sector stake buy

Mori Hamada advised Daiwa House on its USD1.9 billion stake buy in Sumitomo Densetsu, with Anderson Mori acting for the target

Opportunities in Japan’s regenerative medicine, gene therapy markets

By Dio Inoue and Yuka Daimon, Atsumi & Sakai

Japan emerges as a hub for regenerative medicine, with opportunities for foreign companies amid strict local regulations

Japan’s NEC in USD2.9bn takeover bid for US software company

NEC Corporation plans to acquire US software firm CSG Systems International for USD2.9 billion, with Freshfields and Simpson Thacher advising

Kirkland & Ellis, Baker Botts drive JERA’s first US asset buy

Kirkland & Ellis and Baker Botts advised JERA on its USD1.5 billion first US shale gas acquisition from Williams and GEP Haynesville II

Orrick strengthens Tokyo energy team with new partner hire

Orrick expands its Tokyo energy team with the hire of former RWE Renewables counsel Akira Takahashi

JICN builds connections at Tokyo networking event

The Japan In-House Counsel Network (JICN) strengthened its community ties through a joint event with Consilio on 18 September in Tokyo

O’Melveny & Myers exits Japan as Tokyo head retires

O’Melveny & Myers is closing its Tokyo office after nearly 40 years, with Tokyo head Yoji Maeda set to retire

MoFo, Freshfields drive SoftBank’s USD5.4bn ABB robotics buy

MoFo advised SoftBank on its USD5.4bn acquisition of ABB’s robotics unit, with Freshfields advising ABB

No time to rest

The Revenue of 111 Chinese law firms depicts a struggling legal market and a rampant race for survival

Japan’s Miura breaks into Philippines in SEA expansion

Miura & Partners entered the Philippines via a Manila office with Feria Tantoco Daos, expanding its SE Asia network

Navigating ‘worker’ status and new Freelance Act in Japan

By Yusaku Akasaki, Takeshi Osawa and Daigo Kawano, Chuo Sogo LPC

Trends and challenges in employment law

Evolving worker classifications and stricter rules on dismissal highlight the challenges businesses face in navigating labour laws in these jurisdictions

A comparison of laws concerning real estate

Foreign investment in Asia’s real estate is surging, but navigating diverse regulations is essential to avoid costly missteps

Overview of Japan’s Important Land Survey Act

By Akira Yasukawa and Tomoki Kotani, City-Yuwa Partners

Firms chart course on USD7.4bn Air Lease Corp buyout

Sumitomo, SMBC Aviation Capital, Apollo and Brookfield are acquiring Air Lease Corporation in a USD7.4 billion deal

Sidley, Skadden lead USD3.5bn Japan-US insurance merger deal

Sidley and Skadden advised on Sompo’s USD3.5 billion acquisition of Aspen

Multiple firms drive Fujitec’s USD2.7bn take-private by EQT 

EQT is launching a USD2.7 billion tender offer to take Japanese elevator maker Fujitec private

Make your nominations now for Japan Law Firm Awards 2025

Asia Business Law Journal is conducting extensive research for the 2025 Japan Law Firm Awards

Japan’s reforms in governance legislation

By Takanori Ueshima, Takaomi Miyazeki And Momoe Ikemoto, Nishimura & Asahi

Atsumi & Sakai expands national reach with new Osaka office

Atsumi & Sakai launched A&S Osaka to offer corporate legal services in the Kansai region, focusing on M&A and business succession

Ex-MUFG global legal head rejoins Nishimura & Asahi  

Hiroshi Mori returns to Nishimura & Asahi after leading MUFG’s global legal division

A regulatory update on antitrust law

Mainland China, Japan and Taiwan to strengthen enforcement against anti-competitive behaviour

Japan’s antitrust enforcement from 2024 to 2025

By Teruhisa Ishii, Yoshihiro Sakano and Hiroaki Matsunaga

Japan boosts antitrust action with tougher JFTC enforcement and merger scrutiny

Firms advise on Japan’s landmark NTT DC REIT SGX listing

NTT DC REIT launches SGD988 million IPO on SGX, the largest REIT listing in over a decade

Riding the undercurrents

Legal work in Asia's insurance sector is rising amid regulatory shifts and global disruptions

Firms drive Toyota Industries’ USD33bn take-private bid

Toyota Fudosan plans USD33bn takeover to privatise Toyota Industries via stock company bid in December

Isshiki boosts IP with ex-Novartis Japan GC’s partner hire

Isshiki & Partners has strengthened its IP practice with the partner hire of Hiromi Furushima

Hughes Hubbard boosts Asia presence with new Tokyo head

Hughes Hubbard & Reed boosts its Asia presence by appointing Justin Terada to lead the Tokyo office and expand its corporate and M&A practice

DLA Piper advances Japan practice with investment funds hires

DLA Piper boosts Tokyo office with Withers' funds team and two partners skilled in Japan–US law

Pillsbury grows local energy offering with Tokyo partner hire

Pillsbury boosts its Tokyo energy and real estate offering with the strategic hire of Jones Day partner Katsumi Shirai

Freshfields, Linklaters steer M&G, Dai-ichi cross-border deal

Dai-ichi takes 15% stake in M&G, advised by Freshfields and Linklaters

Mofo expands private equity bench, eyes deal shifts in Japan

Morrison Foerster adds partner Naoya Shiota in Tokyo, boosting its PE team amid Japan’s rise in majority-stake deals

Japan benefits from India’s improving IP ecosystem

By Tarvinder Singh, Kochhar and Co.

India and Japan are deepening ties through IP reforms and tech-driven collaboration

Japan’s path for drug transfers

By Dio Inoue and Yuka Daimon, Atsumi & Sakai

Japan’s pharma market demands careful regulatory and approval transfer compliance

Japanese firms act on USD16bn NTT Data takeover

NTT’s JPY2.37trn buyout of NTT Data gets advice from MHM, NO&T and Nakamura Tsunoda in Japan’s biggest since 2020

Legal trends in the regulation of crypto currency

Regulators in Hong Kong, Japan and Taiwan are boosting cryptocurrency markets by strengthening consumer protection and market integrity.

Mori Hamada, TMI act on giant Japan drugstore merger

Welcia and Tsuruha’s merger talks, advised by Mori Hamada and TMI, aim to form Japan’s top drugstore group with 5,500 stores

Fisher Phillips lands in Tokyo to tap labour law demand

Fisher Phillips opens its first Asia office in Tokyo, led by Nan Sato, to support cross-border employment law needs driven by Japan-US investment

Top Japanese firms steer USD1.1bn Japan pharma takeover

Nagashima Ohno advises JT’s Torii on JPY160b takeover bid by Shionogi, which is counselled by Nishimura & Asahi

Healthcare and life science regulation in Japan

By Mika Okada, Kosuke Hasegawa, and Yudai Oka, City-Yuwa Partners

Japan is easing restrictions on medical data under two key laws as it focuses on promoting the use of this information

Japan ‘white knight’ in bidding war for Shibaura Electronics

MinebeaMitsumi makes JPY82.6b white knight bid for Shibaura Electronics in heated takeover battle

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Japan outbound investment guide

Japanese corporates have been actively turning to the overseas M&A market for expanding their business and enhancing capital efficiency

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Correspondents

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Impact investing: Do use of proceeds clauses actually work?

By Mita Sood, Bharucha & Partners
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Policy, process and delay in arbitral challenges

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RBI scrutiny tightens over NBFC ‘board observers’

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Paper reciprocity undermines foreign decrees

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