Japan

Japan is a sovereign island located in East-Asia. It is often referred to as the “Land of the Rising Sun,” given its name means “sun origin”. The country consists of nearly 6900 smaller islands, with the largest being Hokkaido, Honshu, Kyushu, and Shikoku, making up approximately 97% of the country’s land area. With a population of nearly 128 million, it is the 10th most populous country in the world, with about 9.1 million living in the country’s capital, Tokyo.

Japan is a member of the UN, G7, G8, and G20, OECD, and is considered a great power in the world. It has the third largest nominal GDP in the world, and fourth largest purchasing power parity (PPP). It is also the world’s fourth largest exporter and importer of goods. A skilled workforce, which are considered among the most educated in the world, the country is a major trade partner and economic driver for other nations around the world.

Japan has the world’s eighth largest military budget worldwide, with primary goals of peacekeeping and self-defense. The country enjoys the highest life expectancy worldwide, and the country is highly regarded for its cinema, cuisine, tourism, and modern-day technology production, among other facets. Nearly 73% of the country’s landmass is forested, mountainous, and isn’t suitable for agriculture, or industrial/residential use. Because of this, the 27% of the country’s hospitable zones, are high density populations.

As a constitutional monarchy, the Emperor has very limited powers in Japan; the constitution defines the Emperor as "the symbol of the State and of the unity of the people". The Chief Prime Minister and cabinet control a majority of the executive authority in the country. The Japanese legal system is highly influenced by Chinese law, but since the 19th century the judicial system has been highly influenced by the civil laws of Europe, most notably that of Germany.

In Japan, the judicial power is vested in the Supreme Court.  Lower courts include the High Court, District Court, Family Courts and Summary Courts.  The judiciary is independent, as guaranteed by the Japanese Constitution, and most judges are basically lifetime employees of the government.

Japan is home to some of the most technologically advanced auto-manufacturers in the world, ships, steel and nonferrous metals, machine tools, processed foods, textiles, and machine tools. Among the leading exports from Japan were auto, electronics, transportation equipment, semiconductor, iron and steel parts. Its leading imports included fossil fuels, chemicals, textiles, raw materials, and machinery/equipment. Tourism is also a major economic driver, with nearly 20 million visiting the country in 2015, and over 24 million tourists visiting in 2016.

The National Law Review covers news stories from Japan, which affect the country, and international markets alike. Pharmaceuticals, healthcare sector, international trade, imports and exports, CFIUS and international purchases/acquisitions, fuel policies, and foreign relations. From international trade, company acquisitions, sales, cybersecurity and cryptocurrency markets, or new legislation between Japan and foreign country’s governments, the National Law Review has up to date news visitors want to read.

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Mar
3
2017
Upcoming/New CFIUS Filing: Intelsat, SoftBank and WorldVu Squire Patton Boggs (US) LLP
Sep
12
2017
The Form Labor Agreement that’s Making Headlines in Japan Squire Patton Boggs (US) LLP
Aug
19
2021
CFIUS Clearance: Toyota Motor Corporation and CARMERA, Inc. Squire Patton Boggs (US) LLP
Sep
21
2017
Committee on Foreign Investment in the United States (CFIUS) Publishes Its 2015 Annual Report to Congress Squire Patton Boggs (US) LLP
Sep
22
2017
Upcoming/New CFIUS Filing: Kaneka Corporation and Applied Poleramic Inc. Squire Patton Boggs (US) LLP
Mar
31
2016
Three Ways to Dismiss Employees in Japan Squire Patton Boggs (US) LLP
Aug
16
2018
Upcoming/New CFIUS Filing: Deutsche Telekom/T-Mobile US and Sprint Corporation Squire Patton Boggs (US) LLP
May
23
2019
President Trump: “When It Comes to Leverage, Tariffs Are King” – What You Need to Know Squire Patton Boggs (US) LLP
Jun
24
2020
The Postponement of Tokyo 2020: Sponsor Perspectives Squire Patton Boggs (US) LLP
Feb
20
2024
New US Action Against Melamine Imports Squire Patton Boggs (US) LLP
May
6
2016
Tokyo District Court Rules that “US-Style” Dismissal is Invalid Squire Patton Boggs (US) LLP
Feb
7
2018
New/Upcoming CFIUS Filing: Fujifilm Holding Corporation and Xerox Corporation Squire Patton Boggs (US) LLP
Nov
27
2023
Considering DPF Certification? It May be Worth Considering APEC Certifications, Too Squire Patton Boggs (US) LLP
Oct
25
2017
The Japanese Layoff that didn’t “Fly” Squire Patton Boggs (US) LLP
Feb
20
2020
Fiscal Year 2021 President’s Budget Request: Function 150 Account Highlights Squire Patton Boggs (US) LLP
Sep
16
2015
Japan Amends Its Data Privacy Law: “Big Data” Comes With New Regulations Squire Patton Boggs (US) LLP
Sep
20
2018
Procedure Launched for Japan and the European Union to Become the World’s Largest Area of Safe Data Transfers Squire Patton Boggs (US) LLP
Jan
9
2023
Chips Chatter: January 2-9 Squire Patton Boggs (US) LLP
Nov
14
2017
Tokyo 2020 adopts proactive stance on “fake news”: a new reality of running major events Squire Patton Boggs (US) LLP
Feb
28
2022
Transatlantic Trade | US and Europe – Week of February 21, 2022 Squire Patton Boggs (US) LLP
Mar
12
2024
Japan’s New Draft Guidelines on AI and Copyright: Is It Really OK to Train AI Using Pirated Materials? Squire Patton Boggs (US) LLP
Sep
16
2016
Trade Talk: Week in Review (6-11 September 2016): JASTA; North Korea Nuclear Test; TPP Support Lack Squire Patton Boggs (US) LLP
Mar
28
2018
What’s Your Number? Be Careful When Asking Your Japanese Employees. Squire Patton Boggs (US) LLP
Jul
15
2019
CFIUS Filing Clearance: SoftBank Group and GM Cruise Holdings Squire Patton Boggs (US) LLP
Feb
27
2020
Coronavirus and Its Effect on World Football Squire Patton Boggs (US) LLP
Sep
28
2023
Pending CFIUS Filing: Renesas Electronics Corporation and Sequans Communications S.A. Squire Patton Boggs (US) LLP
Nov
19
2018
Upcoming/New CFIUS Filing: Renesas Electronics and Integrated Device Technology Squire Patton Boggs (US) LLP
Jun
14
2021
New Competition Regulations Aimed at Big Tech Squire Patton Boggs (US) LLP
Mar
15
2022
Russia Suspends Compulsory License Payments for Some Non-Russians Squire Patton Boggs (US) LLP
Jan
19
2023
Chips Chatter: January 10-17, 2023 Squire Patton Boggs (US) LLP
Mar
3
2015
Japanese Court Upholds Penalties for Sexual Harassment Squire Patton Boggs (US) LLP
Oct
5
2015
Final TPP Deal, Possibly Today? The Senate Is Scheduled to Consider the NDAA Compromise Bill on Tuesday, While Washington Continues to Scrutinize Russia’s Activities in Syria and Ukraine Squire Patton Boggs (US) LLP
Nov
16
2016
Women in Workforce: Breaking “Million Yen Barrier” in Japan Squire Patton Boggs (US) LLP
Mar
22
2022
Japan Actions to Date on Russia and Russia-related Sanctions Squire Patton Boggs (US) LLP
Oct
2
2023
TRADE ALERT: New U.S. Action Against Aluminum Lithographic Printing Plates From China and Japan Squire Patton Boggs (US) LLP
 

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