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Widening the Business Sectors Subject to Prior Notification Requirements for Foreign Investment in Japanese Companies

NO&T Japan Legal Update

著者等
德地屋圭治
出版社
长岛・大野・常松律师事务所
书籍名或刊登
杂志
NO&T Japan Legal Update 第19号(2019年9月)
语言

英文

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请注意,本简报的目的是提供信息,并非提供法律建议。另外,本简报仅包括根据发行日(制作日)时点的信息,不包括该时点之后的信息。特别是速报可能会与现状的解释或惯例不同,敬请留意。

I. Introduction
On May 27, 2019, Cabinet Office, the Ministry of Internal Affairs and Communications, Ministry of Finance, and other relevant Ministries of Japan promulgated amendments to two existing public notices concerning the foreign investment in Japan (the “Amendments”). The Amendments widen the scope of the business sectors where foreign investors are required to make a notification filing to the Bank of Japan prior to making an investment. The Amendments are driven by national security concerns, particularly in relation to cyber espionage, and are intended to strengthen Japan’s national security regime by, for example, monitoring the potential for the outflow of material technologies relating Japanese national security or the undermining of material manufacturing or technology related to national defense.

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