Nagashima Ohno & Tsunematsu > Tokyo, Japan > Firm Profile

Nagashima Ohno & Tsunematsu
JP TOWER, 2-7-2 MARUNOUCHI
CHIYODA-KU
TOKYO 100-7036
Japan

Japan > Antitrust and competition: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu is active on high value domestic and international matters across a broad range of industries, including pharmaceuticals, energy, IT and private equity. The department benefits from a strong relationship with the JFTC, allowing significant insight into antitrust/competition law. Team lead Yoshitoshi Imoto has expertise in high-profile merger cases and complex government investigations, with international experience working within the US and EU. Kaoru Hattori handles cartel investigations, and advises on competition law issues in contractual alliances and transactions, while Ryohei Tanaka acts for both multi-nationals and major domestic corporations in merger control proceedings before the JFTC. The team has grown with the promotion of Satoshi Ogawa and Nobuaki Ito to partner in early 2022.

Practice head(s):

Testimonials

‘NO&T is a standout legal practice in Antitrust/Competition in Japan. I am always impressed by the strength of their client relationships, which is consistent with the outstanding level of client service they provide.’

‘Kaoru Hattori is not only technically and legally gifted, but is a trusted advisor to her clients in all aspects of her practice. She is smart, strategic, and collaborative.’

‘NO&T is clearly among the tier 1 competition practices in Japan. They have the best people and an outstanding service level. As a group they have great depth in terms of subject matters and backgrounds of experience to always be able to present workable solutions.’

‘Yoshitoshi Imoto has a great depth of knowledge on the competition laws accross the world and asks allthe right questions to get the best result for clients. He is very responsive and handles the matters we work on together with great care and determined calm.’

‘The Nagashima Ohno & Tsunematsu law firm has an outstanding comprehensive strength and a large number of professional talents. When dealing with specific cases, the most suitable lawyers will be deployed scientifically according to the actual needs of the case to form the relevant service team. Because of this, the team can respond quickly to provide efficient, high-quality legal services.’

‘Good bench depth and strong connections to the regulator. Sector experience is wide ranging which really ensures they know what they are talking about.’

‘Yoshitoshi Imoto is a standout in the market. Nimble and pragmatic and able to swiftly respond to unexpected issues in merger reviews. He is trusted by clients and quickly builds lasting relationships.’

‘They are at the top of the market, with extraordinary resources and visibility into the JFTC’s work. A real standout practice.’

Key clients

Booking.com

Nitto Denko Corporation

Suzuki Motor Corporation

FUJIFILM Corporation

Takeda Pharmaceutical

Softbank KK

Panasonic Corporation

Isuzu Motors Ltd.

Mitsubishi Gas Chemical Company Inc.

Dentsu Group Inc.

Toshiba Corporation

CVC Asia Pacific Limited

Work highlights

  • Represented Booking.com B.V. in the Japan Fair Trade Commission’s investigation into the parity clause.
  • Represented Nitto Denko Corporation on the acquisition of Mondi’s Personal Care Components business.

Japan > Banking and finance: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu has expertise in loans and credit-related transactions, including syndicated loans, non-recourse loans, and derivatives, as well as significant strengths across acquisition finance, real estate finance, and regulatory work. The department also covers securitization projects, insolvency and bankruptcy advice. Fumihide Sugimoto, who specialises in debt, equity, and other securities, leads the team, which includes real estate financing expert Mami Ikebukuro, and Jiro Mikami, who covers acquisition finance. Also key are Hiromi Hattori, whose experience includes M&A and banking transactions, and Hironori Matsuo, whose experience includes acquisition finance and foreign trade finance.

Practice head(s):

Fumihide Sugimoto

Key clients

Mitsubishi UFJ Financial Group, Inc.

Mizuho Financial Group, Inc.

Sumitomo Mitsui Financial Group, Inc.

Sumitomo Mitsui Trust Holdings, Inc.

Shinsei Bank, Limited

Goldman Sachs

Morgan Stanley

Nomura Securities Co., Ltd.

Daiwa Securities

JP Morgan

Development Bank of Japan

Work highlights

  • Advised Renesas Electronics Corporation on acquisition of Dialog Semiconductor.
  • Advised IA Partners Inc. on license application for investment advisory business.
  • Advised Kenedix Inc. and Kenedix Investment Partners, Inc. on acquisition of W Osaka.

Japan > Capital markets: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu is a leading figure in capital markets transactions, and is well regarded at both the domestic and global levels. The department acts on behalf of major clients such as JP Morgan, the East Japan Railway Company, and the Mitsubishi UFJ Financial group on the full spectrum of complex and high value transactions. Fumihide Sugimoto leads the department, which also includes a respected securitisation team. Yuichi Miyashita has significant experience in capital market transactions, including IPOs, warrants and convertible bonds, and third-party allotments, while Motohiro Yanagawa leads on securitisations. Also key within the department are Miyuki Ishiguro and Hidetaka Mihara.

Practice head(s):

Testimonials

‘The capital markets team is an outstanding team in the Japanese market, based on their variety of experience in this area.’

‘The team is always very organized with lawyers who are experienced. Their response is quick and quality of advice is also great.’

‘Nagashima Ohno & Tsunematsu has magnificent experiences in capital markets.’

‘Yuichi Miyashita: Highly accessible and responsive to our inquiries. Many years of practical experience in this practice area (i.e. the equity transaction) and well familiar with the practice. Provides very logical and practical legal advice.’

‘They have been committed to structured products including securitization for many years. So, they have a broad range of experience and knowledge in this area. We can rely on them for not only executions but also new product developments. They’re very supportive even at an early stage when we’re not sure if we can close actual deals.’

‘Highly sophisticated. Ability to focus on business goals, and to remain available for communication with us at all times. Clearly pointing out legal issues and proposing practical solutions against the issues.’

‘Mr. Motohiro Yanagawa is a well experienced partner. His suggestion and opinion is beyond our expectation.’

‘They are a well experienced team with highly qualified capability. Their work is not only reliable but also speedy.’

Key clients

Mitsubishi UFJ Financial Group, Inc

Mizuho Financial Group, Inc.

Sumitomo Mitsui Financial Group

Sumitomo Mitsui Trust Holdings, Inc.

Morgan Stanley

Bank of America

Nomura Securities Co., Ltd.

JP Morgan

Daiwa Securities Co. Ltd.

Development Bank of Japan

East Japan Railway Company

Denso Corporation

Norinchukin Bank

Japan Finance Organization for Municipalities

Japan Bank for International Cooperation

BNP Paribas

Resona Bank Limited

Work highlights

  • Advised the underwriters on the global initial public offering of common stock of PHC Holdings Corporation.
  • Advised the underwriters on the global public offering of common stock of SUMCO Corporation.
  • Advised the underwriters on the global initial public offering of common stock of Simplex Holdings, Inc.

Japan > Corporate and M&A: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu‘s full-service offering provides comprehensive coverage of corporate and M&A matters, with a strong reputation for completing high value transactions for both domestic and multinational clients. The department is particularly strong within the domestic market, with high profile matters including advising The Aomori Bank on their 2022 merger with The Michinoku Bank. For international work, the firm benefits from its network of international offices, with locations inlcuding New York, Singapore, Hanoi and Shanghai. M&A and corporate governance specialist Hiroshi Mitoma leads the practice alongside Yuko Tamai, who is well known for handling complex and extremely high value transactions. Other key names include Tomohiko Iwasaki, Shuichi Nishimura, and Kei Asatsuma.

Practice head(s):

Hiroshi Mitoma; Yuko Tamai

Work highlights

  • Acted as lead counsel for The Aomori Bank in their merger with The Michinoku Bank.
  • Advised Toshiba on the separation of their infrastructure business and their device business into separate entities, as part of an effort to optimize its business portfolio.
  • Advised on the acquisition of the remaining 80% of the shares of Blue Yonder Holding, Inc. for Panasonic Corporation, which previously held 20% thereof.

Japan > Dispute resolution: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu represents both major foreign and domestic clients in complex and high profile litigation before Japanese courts. Domestically, the department is active on ultra-high-value matters, including representing the Tokyo Electric Power Company in the JPY 9 trillion derivative lawsuit filed by shareholders, who are seeking damages in relation to the 2011 Fukushima Nuclear Power Plant incident. Koki Yanagisawa, who focuses on commercial law, antitrust law, and employment law, leads the team, which includes international arbitration experts Yoshimi Ohara and Hisaya Kimura. Also key is Hironobu Tsukamoto, who handles disputes in the areas of commercial transactions and employment.

Practice head(s):

Koki Yanagisawa

Other key lawyers:

Testimonials

‘The Nagashima international arbitration team (led by Yoshimi Ohara) is second to none in Japan. The team has broad experience in international arbitrations, both commercial and investment treaty. It is highly professional, very responsive and provides thorough analysis.’

‘Yoshimi Ohara is Japan’s leading international arbitration practitioner. She is brilliant, has sharp analytical skills and is well versed both in commercial and investment treaty arbitrations. Yoshimi is a persuasive advocate. She is also enormously responsive.’

‘The team enthusiastically engaged in our arbitration against Japanese constraction companies. They made well organized arguments after long and repeated hearing to related employees.’

‘Koki Yanagisawa took an initiative in seting out our strategy and makeing our argument more powerful and pursuasive, supported by over 10 partner and assosiate lawyers. They made vigorous discussion in their team and made very sophisticated briefs.’

‘The quality of the attorneys is excellent across the board. Their ability to coordinate complex litigations in multiple jurisdictions for Japanese clients is without compare.’

‘I would like to highlight the excellence of Hironobu Tsukamoto in the general litigation space.’

‘Excellent lawyers with attention to detail.’

‘Hisaya Kimura is a safe pair of hands and an absolute star.’

Key clients

Nissan Motor Co., Ltd.

Central Japan Railway Company

Tokyo Electric Power Company

Mitsubishi UFJ Trust and Banking Corporation

Kajima Corporation

SECOM Co., Ltd.

Resona Bank, Limited

Work highlights

  • Represented Kajima Corporation in JCAA arbitration in relation to an overseas highway construction project.
  • Represented Central Japan Railway Company in its Linear Chuo Shinkansen litigation.
  • Represented Tokyo Electric Power Company in its shareholders derivative litigation.

Japan > Intellectual property: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu covers both litigation and transactions, and has notable expertise in the technology sector, able to cover IP matters related to artificial intelligence, big data, and blockchain technology. The well regarded team attracts both major domestic and multinational clients. Core team members include Shunji Matsuda, who has more than 20 years’ experience in the practice area, and handles high value litigation matters for high profile clients. Former Tokyo District Court judge Kenji Tosaki is also key, and specialises in representing clients in litigation within the pharmaceutical industry. Keiji Tonomura is also noted for his experience on complex cross-border matters, and work within the TMT sector.

Testimonials

‘We believe Nagashima’s IP deparment is superior in international cases to other firms’ teams, especially in huge, multi-lateral cases.’

‘Nagashima has a large number of IP attorneys who have a rich experience in the U.S. IP firms.’

‘They have a capacity to handle big international cases, while keeping its high-quality level and intense communication with foreign clients.’

‘Mr. Matsuda’s thoughtful advice from both legal and business point of views help the team to make right decisions in proceedings. He is an excellent communicater and, through conversation with his clients and foreign colleagues, he can identify central issues in each aspect of the proceedings and suggest a practical solution.’

‘The team has a lot of experience involved up to the highest level (Japanese Supreme Court) on intellectual property litigation matters.’

‘Kenji Tosaki is the leading partner at the firm. He can be little reserved but very tenacious and diligent. His English is also quite good which is not always the case with Japanese law firms.’

‘Leading partner Shunji Matsuda is one of the greatest IP attourneys in Japan, and understands well about regulations and trends of the relavent statutes which will helpful for all of his clients.’

Key clients

Nintendo Co., Ltd.

Nichia Corporation

Novartis Pharma K.K.

Isuzu Motors Limited

Yahoo Japan Corporation

Twitter Inc.

KOYO Automatic Machine Co., Ltd.

Nippon Steel Engineering Co., Ltd.

Work highlights

  • Represented Nintendo successfully in an IP litigation matter in Japan, where Nintendo filed a lawsuit with the Tokyo District Court on February 24, 2017, against Maricar Inc.
  • Represented the co-owners of a Japanese patent covering Patanol in a case concerning the JPO’s decision on the request for an invalidation trial to invalidate the patent.

Japan > Labour and employment: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu caters primarily to managment, with a client list that includes both domestic and foreign companies over a range of industries. The department has broad contentious and non-contentious expertise, with particular areas of strength including employee contracts, redundancy procedures, collective bargaining negotiations, and non-competition covenants, and additionally supports corporate restructurings and M&A projects. Core names within the team include Norimitsu Arai, who has significant expertise handling unions, transactional employment matters, and litigation matters, and Satoshi Hosokawa, whose practice includes disputes, harassment investigations, and labour elements of corporate restructurings. The New York based Hironobu Tsukamoto is also key, and provides support for international clients.

Practice head(s):

Hisaya Kimura

Other key lawyers:

Japan > Private wealth: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu has notable strengths in structured finance and trusts, in addition to taxation and general corporate matters. The department attracts a broad range of high-net-worth individuals, including both celebrities and prominent corporate and financial figures. Key team members include Masayuki Fukuda, whose areas of expertise include trust-related transactions and inheritance work, and Yushi Hegawa, who has significant expertise in tax issues, including high-profile litigation and complex transactions with international elements. Yoshikazu Hasegawa, who is based in the Singapore office, also plays a key role, and focuses on advising foreign clients operating within Japan.

Testimonials

‘They provide very good service not only in Japan but also abroad. In particular, there is a sense of security that other firms do not have when dealing with cross-border individual tax affairs.’

‘I often deal with Mr. Yoshikazu Hasegawa, because he has a lot of experience of giving cross-border individual tax advice.’

‘Close liaison with and strong control over local law firms in different jurisdictions. Close communication with inhouse tax team in Tokyo which is very famous for outstanding track record and produces one-firm view.’

‘Smooth overall project management and keep trying to understand client’s needs. Also sometimes nicely yet effectively challenges client from potential risk management view points.’

‘The team has an excellent reputation and its capability on the ground in Singapore distinguishes it from the other top Japanese law firms.’

Japan > Projects and energy: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu is active on a wide range of energy law matters and infrastructure projects, and advises major power utility companies including Tokyo Electric Power Company Holdings, TEPCO Power Grid, and Hokkaido Electric Power. The department is highly active within the domestic Japanese market, but also has significant experience advising on overseas projects. The team is co-led by real estate specialist Shunpei Tanaka and Jiro Mikami, who has broad project finance expertise, with an emphasis on infrastructure and energy. Also key within the team are Kei Okubo, who has particular experience in the energy sector, and Kiyoshi Honda, who handles energy and real estate transactions. Takao Higuchi is well respected in this practice area for his knowledge of energy, infrastruture and project finance.

Practice head(s):

Shunpei Tanaka; Jiro Mikami

Other key lawyers:

Takao Higuchi; Kei Okubo; Kiyoshi Honda; Rintaro Hinaro; Terukazu Katsuyama

Testimonials

‘Kiyoshi Honda and Naoki Ikeda have deep knowledge of EPC and Project Finance, and a high ability to understand the needs of customers and our business. So, their suggestions are always excellent and beyond our expectation. And they have done the mission even if an unreasonable deadline.’

‘The best-known law firm in Japan. In-depth knowledge of Japan’s energy market.’

‘Nagashima Ohno & Tsunematsu has a particularly broad scope of practice compared to other law firms.’

‘The current legal issues are multifaceted and require an in- depth understanding of each matters and Nagashima Ohno & Tsunematsu is particularly superior to other law firms in this regard.’

‘They have high-level expertise and professionalism. In addition, there appears to be an information sharing system among multiple partners and their partners have appropriate control over the quality of the associate’s deliverables.’

‘Our experience with Nagashima Ohno & Tsunematsu was great.’

‘Without the help of the team, Nagashima Ohno & Tsunematsu, we would not have proceeded with our M&A projects and the establishment of the company in the UK.’

‘Each person from Nagashima Ohno & Tsunematsu was outstanding.’

Key clients

Development Bank of Japan Inc.

Mizuho Bank, Ltd.

Tokyo Electric Power Company Holdings, Inc.

The Tokyo Electric Generation Company, Incorporated.

TEPCO Power Grid, Incorporated

JERA Co., Inc.

Tokyo Electric Power Company Group

Sumitomo Mitsui Trust Bank, Limited.

Japan International Cooperation Agency

Hokkaido Electric Power Co., Inc.

ABLE Co., Ltd.

Renova, Inc.

Royal Caribbean Cruises Ltd.

Equinix Inc./Equinix Japan Kabushiki Kaisha

Z Energy Co., Ltd.

Japan Infrastructure Initiative Co., Ltd.

Work highlights

  • Advised Carbon Neutral Fund 1 Investment Limited Partnership and Z Energy Co., Ltd. on the formation of Carbone Neutral Fund.
  • Advised MUFG Bank. Ltd. and Japan Infrastructure Initiative Co., Ltd. on the investment in Californian Operator of Hydrogen Fueling Stations.
  • Advised GE Energy Financial Services on refinancing of the project finance for five solar power plant projects.

Japan > Real estate and construction: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu is well respected for its highly active J-REIT practice, which handles the full range of transactions, including into overseas properties. The department also plays an active role in legislative drafting, and enjoys a close relationship with the Ministry of Land, Infrastructure, Transport and Tourism, due to continuously seconding a lawyer to the division. Practice head Shunpei Tanaka has expertise in J-REIT and real estate finance, in addition to handling development and restructuring projects. Also key are Mami Ikebukuro, who is well known for her significant experience in real estate finance and real estate funds, Kenji Utsumi, who handles REITs, real estate development projects, and private fund investments, and Hiroto Inoue, whose practice covers real estate funds, financing, and securitisation. Shinichiro Horaguchi and Yoshihisa Watanabe are also prominent team members, with Horaguchi handling a broad range of domestic real estate transactions, while Watanabe focuses on acquisitions and development projects.

Practice head(s):

Shunpei Tanaka

Testimonials

‘One of their partners, Hiroto Inoue, who I have worked with almost for a decade is a customer-oriented well-balanced specialist with ample knowledge and great personality.’

‘The firm has a thick attorney base, so that they are able to manage numbers of transactions at a time. They grasp our issues/concerns quickly to respond in timely manner.’

‘Attorneys in the firm have deep knowledge on real estate industry even at associate level. Good communication in the firm in regards to our mandate.’

‘Since the firm is big enough to cover multiple issues, our contact partner is able to coordinate with multiple attorneys internally to provide us the best solution, sometimes even giving us appropriate advice on related commercial issues.’

‘Mr. Utsumi is a great lawyer. He is friendly and always calm and listen to our talks patiently. He is easy to talk on the phone when we have something, and his comments are always meaningful.’

‘I believe that they have a variety of experiences and solutions for real estate industries. And we are always supported by their quick responses. If we have issues in a deal, they can suggest some options because they have significant experience in the sector.’

‘Mr. Hiroto Inoue, partner of the firm. Whenever we face some difficulties, he always proposes some reasonable options. Because he has both variety of experiences and deep insights.’

Key clients

Mitsui Fudosan Co., Ltd.

Mitsubishi Estate Co., Ltd.

Tokyu Land Corporation

Sumitomo Realty & Development Co., Ltd.

Nomura Real Estate Development Co., Ltd.

Mitsubishi Corporation

Hulic Co., Ltd.

Orix Corporation

AEON Co., Ltd.

NTT Urban Development

Marubeni Corporation

Kajima Corporation

Shimizu Corporation

Sumitomo Corporation

ESR Cayman Limited

Gaw Capital Partners

Hilton International

PGIM Real Estate

Norges Bank Real Estate Management

Tokyu Corporation

Accor S.A.

Allianz Real Estate GmbH

Challenger Kabushiki Kaisha

Japan Excellent, Inc.

Kenedix, Inc.

Kokyo Asset Management Co., Ltd.

Marriott International, Inc.

MUFG Bank, Ltd.

Mitsubishi UFJ Trust and Banking Corporation

Sumitomo Mitsui Trust Bank, Limited

Mizuho Bank, Ltd. No

Mizuho Trust & Banking Co., Ltd.

Work highlights

  • Advised Dentsu Group Inc. on the sale and lease-back of Dentsu Headquarters Building, which is believed to be one of the largest property sales in history in Japan, with a sale price reported to be more than JPY 300 billion.
  • Advised Invesco Group on its defense countermeasures against Starwood group’s TOB for the acquisition of Invesco Office J-REIT.
  • Advised KKR & Co. Inc. on the acquisition of Mitsubishi Corp.-UBS Realty Inc. valued at JPY230 billion (US$2 billion).

Japan > Restructuring and insolvency: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu‘s restructuring and insolvency practice operates in conjunction with the firm’s other departments to provide comprehensive service to a range of high-profile domestic and international clients. The team has notable strength in the technology sector. Insolvency and restructuring expert Nobuaki Kobayashi co-leads alongside Yosuke Kanegae, who has significant experience with in- and out-of-court restructuring cases. Other core team members include Tomohiro Okawa, who has expertise across reorganisation and insolvency, distressed M&A, and banking; and Takashi Suzuki, who has a range of experience in restructuring cases both domestic and cross-border in nature.

Practice head(s):

Nobuaki Kobayashi; Yosuke Kanegae

Other key lawyers:

Testimonials

‘The firm was extremely capable and efficient.’

‘Tomo Okawa is one of the hardest working foreign attorneys I have worked with. He is practical and intelligent, as well as a good team player.’

Key clients

Mizuho Bank, Ltd.

Sumitomo Mitsui Banking Corporation

Mitsubishi UFJ Financial Group, Inc.

Mitsubishi Corporation

Toshiba Corporation

Bain Capital

JISSMBC Trust

Sanden Holdings

MtGox

NTT Anode Energy Corporation

Via Holdings

Watabe Wedding Corporation

Work highlights

  • Represented Mizuho Bank on its Pre-DIP financing to Marelli Holdings.
  • Represented Watabe Wedding Corporatation on its Business Turnaround ADR case.
  • Trustee of MtGox Co., Ltd. in its bankruptcy.

Japan > Risk management and investigations: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu has particular strength in representing regulatory and complicance cases with cross-border elements, with an aptitude for investigations, crisis management, and litigation with international scope. The sizable team contains a diverse set of former judges, prosecutors, accountants, governement officials, and PR specialists, equipped for a broad range of situations. Takayoshi Tao leads the department, and has particular expertise in financial and securities regulations, accounting fraud, and third party investigations. Core team members include Daisuke Fukamizu, whose practice is concentrated on white-collar crime, regulatory compliance, and crisis management, senior counsel Hideaki Kobayashi, who is highly experienced in coporate crisis cases, and Ayumi Fukuhara, who specialises in representing clients facing cross-border investigations involving domestic and foreign regulatory authorities.

Practice head(s):

Takayoshi Tao

Testimonials

‘The team in NO&T is outstanding because of its strong ability to produce a very practical solution based on the solid analysis over the situation.’

‘Their advice is very useful as it takes good balance between risk and practical needs of the client.’

‘They are very flexible and agile to handle the matter and it has a great value in the case of unexpected risk management/investigation related matters.’

‘NO&T’s corporate compliance practice group has one of the best lawyers who are dedicated to providing top-notch service to clients.’

‘They were very responsive to client’s needs.’

Key clients

Tokyo Electric Power Company Holdings, Inc.

Novartis Pharma

Subaru

Kobe Steel, Ltd.

Bayer

LINE Corporation

Hitachi Metals, Ltd.

The Institute of Applied Energy (IAE)

Mizuho Financial Group, Inc.

Toshiba Corporation

Japan > Tax: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu‘s team of dedicated tax specialists acts for both domestic and international clients on the full spectrum of matters. The department is frequently active on complex litigation before the Supreme Court of Japan, but also has significant experience on high value transactional work. Yushi Hegawa, who has particular expertise in international transactions, leads the team which inlcudes the highly experienced Takashi Saida and Shigeki Minami. Also key are Koichiro Yoshimura, who has experience in both contentious tax and tax planning, and Tsutomu Endo, whose practice includes customs duty, consumption tax, and the taxation of the digital economy.

Practice head(s):

Yushi Hegawa

Testimonials

‘Koichiro Yoshimura, and Yushi Hegawa are distinguished lawyers from the Japanese tax perspective.’

‘I believe that Yoshimura-sensei is the most excellent partner in Japan for tax area.’

Key clients

Kokusai Kogyo Kanri Co., Ltd.

Universal Music, LLC

Barclays Bank PLC

NGK Insulators

Monex Group, Inc.

Clayton, Dubilier & Rice

Paris Saint-German football club

Work highlights

  • Represented Kokusai Kogyo Kanri Co., Ltd. before the Supreme Court in a tax litigation, where we secured a court decision in favor of our client, the petitioner, in which a corporate tax cabinet order was nullified.
  • Represented Universal Music, LLC, a Japanese subsidiary of UMG, a U.S. media conglomerate, in a tax litigation requesting cancellation of a tax assessment.
  • Represented Barclays Bank PLC before the Tokyo District Court in a tax litigation requesting cancellation of a withholding tax assessment.

Japan > TMT: Independent local firms Tier 1

Nagashima Ohno & Tsunematsu advises clients across IT, broadcasting, and telecommunication, with an aptitude for handling cutting-edge technologies and businesses. The department has a notable strength in space law, and works with both ‘Old Space’ and ‘New Space’ clients in financings, business collaborations, and contract negotiations. Soichiro Fujiwara, who has expertise in software, web service, and online gaming, co-leads the team alongside Keiji Tonomura, whose broad experience includes fintech, healthtech, cryptocurrency, robotics and AI. Ryo Okubo advises start-ups and technology companies, and is a stand out expert for space matters.

Other key lawyers:

Testimonials

‘Very good grasp of commercial issues.’

‘Quality and responsive.’

‘There is no doubt that Nagashima Ohno & Tsunematsu is the top law firm in Japan.’

‘The highly skilled professionals are all working hard and most notably they work as a great team and immediately bring in experts from within the firm to help with any issues that may arise.’

‘Soichiro Fujiwara is relied upon for his honest personality, sound knowledge and professional attitude.’

‘I would like to emphasise about them that the quality and sppeed of thier work was always satisfied our serious requests, and I can reccommend them as the best lawyers in cross boarder M&A in Japan with confidence.’

‘Mr.Tomohiko Iwasaki and Mr. Akihiro Tokura are excellent partners compared to other lawyers who has passion and ability to provide clients with high-quality services.’

‘They have always provided us with realistic and detail legal solutions with proactive attitude.’

Key clients

Airbnb

NTT Corporation

Fuji Media Holdings, Inc.

Toyota Motor Corporation

Mitsui Fudosan Co., Ltd.

Broadridge Financial Solutions

Maezawa Yusaku / Maezawa Fund

ispace, Inc.

Komatsu, Ltd.

Mitsubishi UFJ Financial Group, Inc.

Work highlights

  • Advised Sony Group Corporation on set-up of a joint venture with HONDA in the field of electric vehicles.
  • Advised NTT Corporation (NTT) on establishing a joint venture company with SKY Perfect JSAT Corporation that will launch a novel integrated space computing network.
  • Advised Renesas Electronics Corporation on acquisition of Dialog Semiconductor Plc.

Japan > Fintech - Independent local firms Tier 2

Nagashima Ohno & Tsunematsu‘s fintech team draws experienced practitioners from a number of practice fields, including financial regulations, corporate, technology and antitrust. The department benefits from this flexibility in its work assisting clients with a broad range of matters, including blockchain techology, AI, Robotics Process Automation, and biometric authentication technology. Soichiro Fujiwara and Taku Umezawa co-lead the team, with Fujiwara bringing expertise in M&A and general corporate matters, while Umezawa handles financial regulations and compliance. Keiji Tonomura has a practice which covers M&A, intellectual property, and IT transactions.

Practice head(s):

Soichiro Fujiwara; Taku Umezawa

Other key lawyers:

Key clients

Mitsubishi UFJ Financial Group, Inc.

Toyota Financial Services Corporation

Japan > Investment funds: Independent local firms Tier 2

Nagashima Ohno & Tsunematsu covers a range of funds, including private equity funds, hedge funds, and investment trusts, but has particular strength in the real estate space, with experience handling JREITs and other private real estate funds. Hidetaka Mihara leads the department, and has expertise in financing and REITs. Keiko Shimizu is well known in the market for her expertise on both onshore and offshore investment fund products, and knowledge of complicated cross border projects.

Practice head(s):

Hidetaka Mihara

Other key lawyers:

Keiko Shimizu; Kensuke Suzuki

Testimonials

‘The most appealing point of the Investment Funds team of Nagashima Ohno is the deep knowledge, experiece of this area and high level communication skills of Ms. Keiko Shimizu.’

Key clients

Integral Corporation

T Capital Partners

Z Energy Co. Ltd.

Invesco Group

GLP JREIT

Activia Properties Inc.

Mitsui Fudosan Logistics Park Inc.

MCo Corporation

SevenSeas Advisors Co., Ltd.

The firm: Nagashima Ohno & Tsunematsu is the first integrated full-service law firm in Japan and one of the foremost providers of international and commercial legal services based in Tokyo. In representing its leading domestic and international clients, the firm has successfully structured and negotiated many of the largest and most significant corporate, finance and real estate transactions related to Japan. The firm has extensive corporate and litigation capabilities spanning key commercial areas such as antitrust, intellectual property, labor and taxation. It is known for path-breaking domestic and cross-border risk management/corporate governance cases, such as fraud investigations and white-collar criminal defence, and for handling insolvency and restructuring proceedings including large-scale corporate reorganizations. In order to deliver optimal service and value to its clients, the over 500 lawyers of the firm, including about 40 experienced attorneys from various jurisdictions outside Japan, work together in customized teams to provide the expertise and experience specifically required for each client matter.

The firm has a vast network of relationships with foreign companies and law firms that provide it with a unique perspective when representing clients in international deals. Its overseas network includes locations in New York, Singapore, Bangkok, Ho Chi Minh City, Hanoi, Jakarta and Shanghai, and collaborative relationships with prominent local law firms throughout Asia and other regions. The firm regularly handles and coordinates matters involving complex legal issues in a number of Asian jurisdictions. As a pioneering Japanese law firm that has established its presence in New York, the firm’s activities in the United States and throughout the Americas and Europe are expanding rapidly. The firm strives to meet the needs of both its international clients operating in Japan and Asia and its domestic clients operating outside Japan or seeking to expand their operations overseas.

Areas of practice: Nagashima Ohno & Tsunematsu has structured and negotiated many of Japan’s largest and most significant corporate and finance transactions, and has extensive litigation expertise spanning key commercial areas. We also have tremendous experience in the international arena.

  • Corporate
  • M&A
  • Finance
  • Global Investigations/crisis management/compliance
  • Restructuring and insolvency
  • Dispute resolution
  • Labor and employment
  • Real estate and REITs
  • Intellectual property
  • Antitrust and competition
  • Tax
  • Wealth management/succession planning
  • Infrastructure/energy/environment
  • Pharmaceutical and healthcare
  • Hospitality
  • Technology
  • Media/entertainment and sport
  • Data protection and privacy
  • Consumer law
  • International trade and commerce, and economic sanction
  • Global practice

For more information, please visit the firm’s website.

DepartmentNameEmailTelephone
Partner Kaoru Hattori
Partner Motohiro Yanagawa
Partner Yushi Hegawa
PhotoNamePositionProfile
Nobuhiro Anzai photoMr Nobuhiro AnzaiPartner
Shinichi Araki photoMr Shinichi ArakiPartner; Main area of his work is capital markets, including debt, equity…
Kei Asatsuma photoMr Kei AsatsumaPartner. His practice focuses on complex business transactions, including M&A, divestitures, spin-offs,…
Yutaro Fujimoto photoMr Yutaro FujimotoEnergy, Project Finance, Environmental Law
Hiroshi Fujiwara photoMr Hiroshi FujiwaraPartner
Soichiro Fujiwara photoMr Soichiro Fujiwara
Daisuke Fukamizu photoMr Daisuke FukamizuPartner
Masayuki Fukuda photoMr Masayuki FukudaSecuritization/Structured Finance/Trust; Banking; Asset Management/Fund; Real Estate Transactions; Real Estate Investment/Real Estate…
Kosuke Hamaguchi photo Kosuke HamaguchiGeneral Corporate, Corporate Governance, Mergers and Acquisitions (M&A), Risk and Crisis Management/Compliance,…
Kaoru Hattori photoMs Kaoru HattoriAntitrust/Competition Law Advice, Antitrust Litigation/Investigation, Merger Control, Unreasonable Premiums and Misleading Representation…
Yushi Hegawa photoMr Yushi HegawaPartner, specializing in taxation; tax advice and planning; tax controversy and litigation.
Tomohiro Hen photoMr Tomohiro HenPartner
Takao Higuchi photoMr Takao HiguchiMain area of practice is banking, energy, infrastructure and other projects (including…
Rintaro Hirano photoMr Rintaro HiranoPartner
Shinsuke Hiratsu photoMr Shinsuke HiratsuPartner
Shinichiro Horaguchi photoMr Shinichiro HoraguchiPartner
Kenji Horiuchi photoMr Kenji HoriuchiPartner: Mr. Horiuchi focuses on corporate restructuring and reorganization in the broadest sense:…
Mami Ikebukuro photoMs Mami IkebukuroPartner
Yoshitoshi Imoto photoMr Yoshitoshi ImotoYoshitoshi Imoto is a partner at Nagashima Ohno & Tsunematsu. He advises…
Satoshi Inoue photoMr Satoshi InoueBanking; Securitization/Structured Finance/Trust; Financial Regulations/Fund Management; Restructuring/Insolvency
Hiroki Inoue photoMr Hiroki InoueM&A, including public tender offers, LBO/MBO, joint ventures, general corporate work, and…
Hiroto Inoue photoMr Hiroto InouePartnerPractice focuses on real estate-related matters including real estate funds, real estate…
Miyuki Ishiguro photoMs Miyuki IshiguroPartner specialised in capital market transactions. Main area of work is domestic…
Hiroyuki Ishizuka photoMr Hiroyuki IshizukaMain area of practice are financing/capital market transactions and corporate law, including…
Takashi Itokawa photoMr Takashi ItokawaPartner; Main area of work is finance transactions and the relevant regulatory…
Tomohiko Iwasaki photoMr Tomohiko IwasakiPartner
MASANORI KAWAI photoMr MASANORI KAWAIPartner
Masatsura Kadota photoMr Masatsura KadotaPartner; Main area of work is capital markets and corporate law, including…
Yosuke Kanegae photoMr Yosuke KanegaeYosuke Kanegae has been involved principally in the area of Restructuring/Insolvency, Mergers…
Terukazu Katsuyama photoMr Terukazu KatsuyamaPartner
Hisaya Kimura photoMr Hisaya KimuraRisk and Crisis Management/Compliance, Restructuring/Insolvency, Environmental Disputes, Employment Law Advice, Employment Disputes,…
Nobuaki Kobayashi photoMr Nobuaki KobayashiMr. Kobayashi has a wealth of practical experience handling high-profile insolvency and…
Yoshinobu Koyama photoMr Yoshinobu Koyama  Real Estate Investment/Real Estate Securitization, Real Estate Transactions, J-REITs, Pharmaceutical and…
Axel Kuhlmann photoDr Axel KuhlmannForeign Law Partner Gaikokuho Jimu Bengoshi
Yoshihiko Matake photoMr Yoshihiko MatakePartner of NO&T’s crisis management and compliance practice team. His main area…
Shunji Matsuda photoMr Shunji MatsudaIP Transactions, Media, Entertainment and Sport, IP Disputes, IT and Telecommunications, General…
Shinichi Matsui photoMr Shinichi MatsuiGeneral Corporate; Corporate Governance; Banking; Project Finance; Insurance; Risk and Crisis Management/Compliance;…
Hidetaka Mihara photoMr Hidetaka MiharaCapital markets transactions of Listed Companies and J-REITs, including IPOs, follow-on offerings…
Jiro Mikami photoMr Jiro MikamiBanking; acquisition finance, asset-based finance; project finance, structured finance; real estate; corporate,…
Shigeki Minami photoMr Shigeki MinamiMergers and Acquisitions (M&A); Tax Practice; Tax Advice and Planning; Tax Controversy
Hiroshi Mitoma photoMr Hiroshi MitomaHis practice focuses on M&A and corporate transactions, including rehabilitation of financially…
Yuichi Miyashita photoMr Yuichi MiyashitaPartner. Mr. Miyashita handles a wide variety of capital market transactions, including…
Takashi Miyazaki photoMr Takashi MiyazakiPartner practicing Corporate, M&A and Banking.
Kyohei Mizukoshi photoMr Kyohei MizukoshiPartner. His practice focuses on capital market transactions, including IPOs, equity and…
Oki Mori photoMr Oki MoriDispute Resolution (Consumer Litigation, Civil and Commercial Disputes, Employment Disputes, Tax Disputes,…
Satoshi Moriguchi photoMr Satoshi MoriguchiAsia, China, North America and Latin America, General Corporate, Corporate Governance, Mergers…
Tohru Nakajima photoMr Tohru NakajimaGeneral Corporate, Mergers and Acquisitions (M&A), Private Equity/Venture Capital, IP Transactions, Pharmaceutical and…
Shuichi Nishimura photoMr Shuichi NishimuraCorporate/M&A
Yoshimi Ohara photoMs Yoshimi OharaPartner
Kohei Okawa photoMr Kohei OkawaKohei Okawa has mainly been involved in restructuring and insolvency cases and…
Ryo Okubo photoMr Ryo OkuboPrivate Equity, M&A, Acquisition Finance, Corporate, TMT, Space
Kei Okubo photoMr Kei OkuboPartner
Keitaro Oshimo photoMr Keitaro OshimoFinancial Service Regulations; (Re)Insurance Transactions
Ichiro Oya photoMr Ichiro OyaPartner, specializing in capital markets; securitization/structured finance/trust; real estate investment/real estate securitization
Makoto Saito photoMr Makoto SaitoCorporate/M&A; General Corporate; Mergers and Acquisitions (M&A); Private Equity/Venture Capital; Securitization/Structured Finance/Trust;…
Keiko Shimizu photoMs Keiko ShimizuPartner practicing Financial Regulations and Fund Management, including provide advice on regulations…
Tsuyoshi Shimizu photoMr Tsuyoshi ShimizuPartnerHis practice focuses on: General Corporate; Mergers and Acquisitions (M&A); Corporate Governance;…
Kensuke Suzuki photoMr Kensuke SuzukiPharmaceutical, Medical and Health Care; Financial Regulations; Asset Management/Fund Business; Corporate/M&A
Akemi Suzuki photoMs Akemi SuzukiPartner
Hiroshi Tago photoMr Hiroshi TagoGeneral Corporate, Corporate Governance, Mergers and Acquisitions (M&A), Risk and Crisis Management/Compliance,…
Shunpei Tanaka photoMr Shunpei TanakaReal Estate and J-REITs; Infrastructure; General Corporate (including corporate governance, compliance); Mergers…
Keiji Tonomura photoMr Keiji TonomuraMergers and Acquisitions (M&A); IP Transactions; IT and Telecommunications; Media, Game, Entertainment…
Kenji Tosaki photoMr Kenji TosakiDispute Resolution; IP, IT and Entertainment; IP Transactions; IP Litigation; General Corporate
Kazuo Tsuiki photoMr Kazuo TsuikiM&A, corporate governance, overseas support services, environmental law and general corporate.
Takashi Tsukioka photoMr Takashi TsukiokaPartner (Banking, Capital Markets, Securitization/Structured Finance, Derivatives, Infrastructure)
Taku Umezawa photoMr Taku UmezawaFinancial Regulations (Banking Act, Financial Instruments and Exchange Act, Insurance Business Act)
Kenji Utsumi photoMr Kenji UtsumiPartner of Real Estate and J-REITs, Pharmaceutical and Health Care
Atsushi Yamashita photoMr Atsushi YamashitaPartner:Practicing in the capital markets area and providing advice relating to offering…
Motohiro Yanagawa photoMr Motohiro YanagawaSpecializing in Securitization, Structured Finance, Corporate Finance and Trust practice, as well…
Koki Yanagisawa photoMr Koki YanagisawaDispute Resolution; Employment and Labor Practice; Antitrust Practice; General Corporate; Risk and…
Koichiro Yoshimura photoMr Koichiro YoshimuraPartner
Number of lawyers : 572 (as of January 1, 2023)
Japanese
English
Chinese
French
German
Dutch
Thai
Vietnamese
Indonesian
Filipino
Burmese
Hindi
Korean
Spanish
Portuguese
Russian

Probono:

In addition to our commitment to providing the highest quality legal services to our clients, at Nagashima Ohno & Tsunematsu (“NO&T”), we also consider the performance of public service (pro bono) activities by our lawyers to be an extremely important part of our greater social responsibility to protect basic human rights and to realize social justice.

We are, therefore, actively involved in public service activities in a number of ways. For instance, our lawyers actively engage in the training of the younger generation of legal professionals by teaching as adjunct law school professors at Japanese universities, law schools, or other similar institutions, and are also dispatched to Japan’s ministries and governmental organizations to support their legislative and/or administrative activities. Our lawyers also serve as public defenders appointed by the court in designated court cases, or assigned by the bar association to counsel suspects prior to their being formally charged. We assist in providing legal consultation services and participate in other committee activities provided by the bar association or other similar organizations.

NO&T’s other pro bono activities have included the following:

  • l Support for “Japan-Ukraine Education Pathways” programs offered by Pathways Japan;
  • l Assistance in relation to Applications for Recognition of Refugee Status (referrals from the Japan Association for Refugees);
  • l Involvement in preparing an opinion on Partnership Oath System proposed by Tokyo Metropolitan Government;
  • l Legal representation in same-sex marriage lawsuit and other assistance in such lawsuits;
  • l Examination and review of the LGBT-related policies of local governments;
  • l Various activities for LLAN (Lawyers for LGBT and Allies Network);
  • l Involvement in the Asia Pacific Initiative investigation into the government’s response to COVID-19;
  • l Supervision of the publication of “Kodomo Roppou” (the Statute Book for Children);
  • l Provision of legal services to TELL, which responds to the community’s mental health care needs;
  • l Provision of legal services to the Japanese branch of Médecins du Monde Japan;
  • l Contract-related support for an NGO focused on climate change initiatives;
  • l Activities related to a pro bono network of business lawyers in Japan; and
  • l Human Rights Network activities.

Awards

NO&T was shortlisted for Pro Bono National Firm at the Women in Business Law Award Asia-Pacific 2022, hosted by Euromoney Legal Media Group.

Diversity and Inclusion:

The NO&T Diversity & Inclusion Policy was established with the aim of enabling lawyers and staff with diverse backgrounds to collaborate to provide legal services of the highest quality, and to assist in realizing a society that values diversity.

We have implemented the following initiatives to promote Diversity & Inclusion.

Diversity Task Force Team

In 2021, a special task force team was formed to enhance gender diversity. The task force team assessed the current gender diversity situation and identified issues in our firm. On presenting these issues to all partners in a partners’ meeting, the clear management message was that we must further advance gender diversity by increasing the number of female partners. To attain this goal, we have developed short-term and mid-term plans to enhance diversity.

Work Style Reform and Diversity Project

We have established the Work Style Reform and Diversity Project as a meeting body for fostering diversity and inclusion. In addition, we regularly review and implement measures for fostering diversity and inclusion.

Initiatives for LGBTQ

We have also taken the initiatives below for LGBTQ:

  • We fully endorsed the ACCJ (American Chamber of Commerce in Japan)’s Viewpoint on marriage equality titled “Support the Recruitment and Retention of Talent by Instituting Marriage Equality in Japan.”
  • Same-sex marriage partners are treated equally with legal spouses concerning benefits such as congratulatory and condolence payments, congratulatory and condolence leave, and maternity leave.
  • We invite outside speakers to provide training on LGBTQ issues in order to promote understanding.
  • We launched an ally registration site on our intranet and distributed a rainbow sticker to those who registered as allies, which signifies that they are allies.

NO&T was ranked “Gold” in the 2022 PRIDE Index of “work with Pride,” a voluntary organization that supports the promotion and establishment of diversity management related to LGBTQ+ and other sexual minorities.

Global Diversity

We have been actively recruiting lawyers of different races, nationalities, and backgrounds.

Awards

NO&T was shortlisted for:

  • Gender Diversity National Firm and Work-Life Balance National Firm at the Women in Business Law Awards Asia-Pacific 2022, hosted by Euromoney Legal Media Group.;
  • Asian Diversity Initiative of the Year at the Asia Legal Awards 2022, hosted by Law.com International;
  • Diversity and Inclusion Law Firm of the Year at the ALB Women in Law Awards 2021, which is organized by Asian Legal Business

In addition, NO&T was listed as one of the ten law firms in Japan making strides in furthering Diversity and Inclusion (D&I) in Japan’s legal industry in “ALB Japan D&I List 2022,” published in the February 2022 issue of Asian Legal Business (ALB), Japan edition.


Japanese Profile:
長島・大野・常松法律事務所は、500名を超える弁護士が所属する日本有数の総合法律事務所であり、東京、ニューヨーク、シンガポール、バンコク、ホーチミン、ハノイ、ジャカルタ及び上海に拠点を構えています。
当事務所は、日本のリーディングファームとして数々の大型案件を手掛け、あらゆる分野の法律問題に対応してきた実績に基づき、企業が必要とする様々なリーガルサービスをワンストップで提供できる体制を整えています。多岐にわたる分野の専門的知識と実績をもつ弁護士が機動的にチームを組み、質の高いアドバイスや実務的サポートを行っています。

業務分野:
コーポレート、M&A、ファイナンス、危機管理/リスクマネジメント/コンプライアンス、事業再生・倒産、紛争解決、労働法、不動産・REIT、知的財産、独占禁止法/競争法、税務、ウェルスマネジメント/事業承継、インフラ/エネルギー/環境、薬事・ヘルスケア、ホスピタリティ、テクノロジー、メディア/エンタテインメント・スポーツ、個人情報保護・プライバシー、消費者関連法、国際通商・経済制裁法・貿易管理、海外業務

Mandarin Profile:
长岛・大野・常松律师事务所是一家拥有500多名律师的日本顶级综合性律师事务所,在东京、纽约、新加坡、曼谷、胡志明、河内、雅加达以及上海均设有业务网点。
本事务所作为日本顶级律所,经办了多项大型案件,解决了涉及广泛领域的法律问题,并通过业务经验,构建了能为企业提供全方位一站式法律服务的体系。本事务所的律师具备多元化的专业知识和服务业绩,可灵活组建团队,切实为客户提供高质量的建议和实务操作支持。

业务领域:
公司、M&A、金融、危机管理/风险管理/合规性审查、经营重整和破产、争议解决、劳动法、房地产和REIT、知识产权、反垄断法和反不正当竞争法、税务、财富管理/企业继承、基础设施/能源/环境、医药和健康护理、招待、技术、传媒/娱乐和体育、个人信息及隐私保护、消费者权益相关法律、国际贸易、经济制裁和贸易管理、海外业务


M&A / Private Equity

  • Panasonic Corporation in its acquisition of Blue Yonder Holding, Inc.
  • The Aomori Bank, Ltd. in its merger with The Michinoku Bank, Ltd.
  • Hitachi Construction Machinery Co., Ltd. in the sale of its controlling shares by Hitachi Ltd.
  • Sony Group Corporation in its acquisition of shares of Sony Financial Holdings Inc. to make it a wholly owned subsidiary
  • CVC Capital Partners in its acquisition of personal care business from Shiseido Company, Limited and establishment of a joint venture with Shiseido

Banking & Finance and Capital Markets

  • Toshiba Corporation in its issuance of new shares by way of third-party allotment to international investors
  • Japan’s three mega-banks (Mitsubishi UFJ Financial Group, Inc., Mizuho Financial Group, Inc., and Sumitomo Mitsui Financial Group, Inc.) in their respective issuances of TLAC Compliant Senior Notes, including U.S. SEC registered notes
  • Sony Group Corporation in its global offering of new shares and public offering of Convertible Bonds in Japan
  • Toyota Motor Corporation in its issuance of First Series Model AA Class Shares (as co-counsel with other Japanese law firms)
  • Mandated lead arrangers of project finance transactions involving the concessions of major airports in Japan, e.g., the Osaka and New Kansai International Airports and the Fukuoka Airport

Real Estate and REITs

  • Sale of Dentsu Headquarters Building for a price reported to be more than JPY 300 billion
  • Defensive TOB by Invesco Group for Invesco Office J-REIT, Inc. as a countermeasure against a hostile TOB initiated by Starwood Capital Group

 

Antitrust and Competition

  • Booking.com B.V. in its JFTC investigation on a parity (MFN) clause, which ultimately ended with a commitment decision
  • The Aomori Bank, Ltd. in its merger with The Michinoku Bank, Ltd., the first case utilizing the special statute for mergers of regional banks without the usual JFTC merger control

Compliance and Dispute Resolution

  • The Independent Investigation Commission on the Japanese Government’s Response to COVID-19
  • Hitachi Metals, Ltd. in its global investigation on misrepresentation of test results in inspection reports
  • Novartis Pharma K.K. in its criminal defense against a data manipulation probe in Japan

Restructuring and Insolvency

  • Takata Corporation in its global restructuring and sale of its global assets and operations to Key Safety Systems, Inc.
  • Trustee of MtGox Co., Ltd. in its newly commenced civil rehabilitation proceedings
  • Mizuho Bank, Ltd. in its Pre-DIP financing to Marelli Holdings Co., Ltd.

Intellectual Property

  • Nintendo Co., Ltd. in copyright infringement and unfair competition prevention litigation against Maricar concerning its street go-kart business

TMT

  • NTT Corporation on the establishment of a joint venture with SKY Perfect JSAT Corporation that will launch a novel integrated space computing network
  • Renesas Electronics Corporation on its acquisition of Dialog Semiconductor PLC, a leading provider of battery and power management, through a scheme of arrangement under the UK Companies Act

Tax

  • Universal Music Group’s Japanese subsidiary, securing a first-ever landmark decision at the Supreme Court, rejecting the government’s application of Japanese business purpose/economic substance doctrine
  • Shire plc, in its $62 billion share-for-share acquisition transaction by Takeda Pharmaceutical Company Limited (acted as Japanese counsel)

Looking Back on Shareholder Activism in Japan in 2022

When it comes to the shareholder activism in Japan, 2021 was a dramatic year: after hostile takeover attempts by third parties, a variety of takeover defense plans (in this article, this type of takeover defense plans are referred to as “contingency poison pills”) were contested in court, and several precedent rulings resulted. 2022 was a somewhat milder year in comparison, but shareholder activism was still one of the central topics in the legal / corporate scenes in Japan.

Utilization of Medical Data and Act on the Protection of Personal Information

Medical data has the potential to revolutionize healthcare by enabling more personalized and effective treatments, improving patient outcomes, and reducing healthcare costs. For example, medical data can be analyzed to improve patient care, discover new treatments, and advance medical research. More specifically, by analyzing medical records, researchers can identify trends and patterns in patient outcomes, and healthcare providers can use this information to improve patient care and clinical decision-making.

Announcing New Partners, Foreign Law Partner and Counsel of NO&T

Nagashima Ohno & Tsunematsu (“NO&T”) is pleased to announce its new partners, foreign law partner (*) and counsel as of January 1, 2023, as follows:

Nagashima Ohno & Tsunematsu Commences Operations in Jakarta

Nagashima Ohno & Tsunematsu (Chiyoda-ku, Tokyo, Japan; “NO&T”) is pleased to announce a new association with an independent Indonesian law firm IM & Partners under the name of “IM & Partners in association with Nagashima Ohno & Tsunematsu” as of February 1, 2023.

NO&T joins the Human Capital Management Consortium

Nagashima Ohno & Tsunematsu (“NO&T”) is pleased to announce that it has joined the Human Capital Management Consortium.The Human Capital Management Consortium was established on August 25, 2022, as a forum for sharing advanced examples of the practice of human capital management, discussing inter-company cooperation, and considering means for effective information disclosure. The Consortium has seven founders, including Kunio Ito, Director of the CFO Education and Research Center at Hitotsubashi University. The Ministry of Economy, Trade and Industry and the Financial Services Agency participate in the Consortium as observers.Amid the growing importance of human capital in corporate activities, NO&T endorses the purpose of establishing the Consortium and will contribute to efforts to implement corporate human capital management and effective information disclosure. Please click here for more information on the Human Capital Management Consortium.View original article here.
August 25 2022

NO&T joins the Council for Sports Ecosystem Promotion

Nagashima Ohno & Tsunematsu (“NO&T”) is pleased to announce that it has joined the Council for Sports Ecosystem Promotion as a general member company/organization.

NO&T registers as Healthcare Innovation Hub Support Organization

Nagashima Ohno & Tsunematsu (“NO&T”) is pleased to announce its registration as a Support Organization of Healthcare Innovation Hub (commonly known as “InnoHub”).

Announcing New Counsel of NO&T

Nagashima Ohno & Tsunematsu (“NO&T”) is pleased to announce that the following four lawyers in the Singapore office became Counsel of the firm as of April 1, 2022:

Yuko Miyazaki appointed as an International Judge of Singapore International Commercial Court

Yuko Miyazaki was appointed as an International Judge of Singapore International Commercial Court (SICC) as of January 5, 2022.

Announcing New Partners and Counsel of NO&T

Nagashima Ohno & Tsunematsu (“NO&T”) is pleased to announce that the following ten lawyers became Partners of the firm as of January 1, 2022: