The TMT team at Herbert Smith Freehills is especially focused on assisting leading Japanese tech, gaming, manufacturing and telecom companies with cross-border matters. Equipped to handle transactional, contentious and regulatory work, the group frequently advises on a wide range of outbound matters, including licensing deals, M&A, joint ventures, outsourcing projects, contractual disputes, data privacy and competition law issues. The practice is headed up by Graeme Preston, a seasoned lawyer with past international experience working in Hong Kong, Indonesia, Singapore and London. Preston’s offering is complemented by the expertise of Singapore-based Asia head of TMT Mark Robinson, who works with the Tokyo office in an integrated capacity. Other key names in the team include dispute resolution practice head David Gilmore, corporate and M&A expert Joseph Fisher, and James Allsop, who excels in international arbitration and corporate crime. Fisher and Allsop were made partners in May 2021 and May 2022, respectively.
TMT: International firms and joint ventures in Japan
Herbert Smith Freehills
Practice head(s):
Graeme Preston
Other key lawyers:
Mark Robinson; David Gilmore; Joseph Fisher; James Allsop
Testimonials
‘The team provides the highest level of service and top quality work.’
‘You can rest assured that they will provide practical advice, and you will not be left wondering how to implement it.’
‘Graeme Preston and Mark Robinson are good lawyers with solid TMT experience.’
Key clients
SoftBank Group Corp
Bridgestone Corporation
NTT Communications
NTT DOCOMO Inc
Sumitomo Corporation
Marubeni Corporation
ITOCHU Corporation
Capgemini
OneWeb
Work highlights
- Advised Bridgestone Corporation on its acquisition of Otraco International Pty Ltd (Otraco), including mining vehicles and tire exchange and other services at mining sites.
- Assisted Mitsubishi Heavy Industries with its corporate venture capital minority investment in Stanley Robotics, a French company developing autonomous vehicle solutions.
- Acted for Capgemini as global counsel on its acquisition of Multibook, a Japan-based IT company that provides services including system consulting service, global helpdesk service, and cloud-based accounting tools.
Latham & Watkins Gaikokuho Joint Enterprise
At Latham & Watkins Gaikokuho Joint Enterprise, the TMT practice is part of the firm’s integrated data and tech transactions group. The cross-disciplinary team which is often instructed on complex IP matters, M&A, joint ventures and licensing deals by both large and startup companies operating across the tech, marketing, electronics, manufacturing and medtech sectors. With a longstanding presence in the Japanese market, Stuart Beraha oversees the practice and often acts for high-profile clients on cross-border IP and tech-related transactions. Beraha works alongside senior associate Benjamin Han, who is especially sought after to advise on commercial matters by multinational companies operating in the tech, pharmaceuticals, and telecom arenas.
Practice head(s):
Stuart Beraha
Other key lawyers:
Benjamin Han
Key clients
Kioxia Corporation
Yahoo Japan Corporation
Otsuka Medical Devices
TDK Corporation
Mitsubishi UFJ Financial Group
SoftBank
Work highlights
- Advised Yahoo Japan Corporation on its purchase of the Yahoo brand in Japan and the re-negotiation of its longstanding license agreement with Yahoo Inc.
- Acted for Z Holdings Corporation on the sale of its publicly traded subsidiary eBOOK Initiative Japan, a Japan-based company engaged in the creation and distribution of eBooks, to LINE Digital Frontier.
- Assisted DXC Technology with the sale of its 54% majority stake in Japan Systems Co., Ltd, a software and computer equipment company, to Longreach.
Morrison Foerster
Sitting within the firm’s technology transactions group, Morrison Foerster's TMT team is prominent across a wide range of industries; most notably telecom, software, biotechnology, manufacturing and semiconductors. In addition to its proven track record in complex cross-border IP and tech-related transactions - including joint ventures, patent prosecution, licensing deals and M&A - the group is noted for its expertise in data protection, privacy and cybersecurity matters. Notable for his experience handling patent litigation, outsourcing projects, and M&A, Masato Hayakawa heads up the team. Managing partner Ken Siegel focuses on acquisitions, joint ventures and strategic alliances, while Yukihiro Terazawa is recommended for dispute resolution - including IP, product liability and commercial transactions disputes. Seth Graham is also recommended.
Practice head(s):
Masato Hayakawa
Other key lawyers:
Ken Siegel; Yukihiro Terazawa; Seth Graham
Key clients
SoftBank Group Corp
SoftBank Corporation
TDK Corporation
Fujitsu Limited
Renesas Electronics Corporation
onsemi
Tencent Holdings Limited
NTT Communications
Veoneer, Inc
Dassault Systèmes KK
Work highlights
- Represented Tencent Holdings Limited, a global Internet company that provides communication, social, games, digital content, advertising, fintech and cloud services, as an investor in a $2.2bn equity raise by Rakuten, Inc.
- Acted for SoftBank Group Corp and SoftBank Vision Fund on the proposed $65bn sale of UK-headquartered multinational semiconductor and software design company Arm Limited to leading US chip company NVIDIA.
- Assisted JOLED Inc in filling and settling a patent infringement action against Samsung Electronics and Samsung Display in the US District Court for the Western District of Texas.
Baker McKenzie (Gaikokuho Joint Enterprise)
With practitioners from a broad range of practice areas - including IP, corporate and M&A, and dispute resolution - Baker McKenzie (Gaikokuho Joint Enterprise)'s TMT Group regularly offers strategic advice to leading technology and telecom companies on financial services regulation, data protection and cybersecurity, and tech startup investment transactions. The team is jointly chaired by Kensaku Takase, who also heads up the firm’s IP practice, and Yutaka Kimura, whose expertise spans cross-border M&A and joint ventures. Fintech and venture capital matters are principal areas of expertise for Gavin Raftery and Masato Honma, the latter of whom has past international experience working in Australia and the UK.
Practice head(s):
Kensaku Takase; Yutaka Kimura
Other key lawyers:
Gavin Raftery; Masato Honma; Hideo Norikoshi; Takashi Osawa
Testimonials
‘We have great experience working with Baker’s Tokyo office on a variety of Japan-Israel tech transactions. The team led by Yutaka Kimura is experienced, knowledgeable, quickly understands complex situations, and responds fast.’
‘It is a pleasure working with them.’
‘I have worked on a variety of matters with Yutaka Kimura and his team, which includes Hideo Norikoshi, Takashi Osawa, and Masahiro Inaba, on a variety of tech deals. They are business-oriented, understand issues quickly, and have a strong expertise in cross-border matters, especially Yutaka Kimura.’
‘Yutaka Kimura is recommended for his expertise and accurate understanding of the problems presented by clients.’
Key clients
AirTrunk
APG Asset Management
SUNCORPORATION
Pleiad Investment Advisors
Amadeus Code
Work highlights
- Advised SUNCORPORATION on the listing of its Israeli subsidiary, Cellebrite DI Ltd., on the NASDAQ stock exchange via a de-SPAC.
- Advised pension fund manager APG Asset Management on the acquisition of a 20% stake in data centre platform OneAsia.
- Advised Pleiad Investment Advisors on the formation and successful closing of its debut closed ended fund, Pleiad-Minerva Japan Growth Opportunities LP, a ¥15bn technology-focused growth private fund.
White & Case LLP - White & Case Law Offices (Registered Association)
Leading Japanese and international companies – including Panasonic Corporation, PayPal Holdings, and SoftBank – turn to White & Case LLP - White & Case Law Offices (Registered Association)'s TMT practice for advice on large cross-border transactions. Active in the field of new technologies such as cryptocurrency, virtual reality, robotics, and AI, the group is often engaged in private equity and venture capital deals. The team is co-led by Jun Usami and Nels Hansen, who are recommended for large high-profile corporate and M&A transactions, with a focus on the tech sector. Other key names to note include David Albagli, Shino Asayama and Naoya Shiota, the latter of whom joined the group in October 2021 from Mori Hamada & Matsumoto.
Practice head(s):
Jun Usami; Nels Hansen
Other key lawyers:
David Albagli; Shino Asayama; Naoya Shiota
Key clients
Panasonic Corporation
PayPal Holdings, Inc
SoftBank Group Corp
Gumi Cryptos Capital LLC
Zynga, Inc
Kakaku.com, Inc
Mitsubishi Electric Corporation
double jump.tokyo Inc
Work highlights
- Advised Panasonic Corporation on its acquisition of the remaining 80% of the capital stock interests of Blue Yonder at an enterprise value of $8.5bn on a cash-free, debt-free basis.
- Acted for PayPal Holdings, Inc on its acquisition of Paidy Inc. for an enterprise value of ¥300bn (approx. $2.7bn).
- Advised Mitsubishi Electric Corporation on its acquisition of Motum AB from Accent Equity 2012 LP.