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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Feb
5
2021
Competition Currents February 2021: China and Japan Greenberg Traurig, LLP
Dec
9
2021
Greater China & Japan Competition Currents December 2021 Greenberg Traurig, LLP
Apr
8
2022
Competition Currents | April 2022 | Italy, European Union, Greater China, Japan Greenberg Traurig, LLP
Feb
10
2023
Competition Currents | February 2023 Greenberg Traurig, LLP
Aug
5
2021
GT Competition Currents August 2021: European Union, Greater China, Japan Greenberg Traurig, LLP
Apr
8
2022
Japanese Financial Sanctions on Russia Over Invasion Into Ukraine Greenberg Traurig, LLP
Mar
9
2023
GT Newsletter | Competition Currents | March 2023 Greenberg Traurig, LLP
Oct
5
2023
Competition Currents | October 2023 Greenberg Traurig, LLP
Sep
13
2020
Asia Competition Currents | September 2020 Greenberg Traurig, LLP
Aug
12
2021
Amendment of Investment Management Business Regulations for Foreign Fund Managers Doing Business in Japan Greenberg Traurig, LLP
Oct
23
2014
Visa-Free Entry to Philippines for Some Chinese and Indian Nationals Greenberg Traurig, LLP
Sep
23
2020
Fall Travel Advisory: U.S. Embassy/Consular Services and COVID-19 Movement Restrictions Greenberg Traurig, LLP
Aug
16
2021
Japan Enacts Law Restricting Land Use Near Important Facilities and on Islands Near Borders Greenberg Traurig, LLP
Jan
15
2022
Greenberg Traurig January 2022 Competition Currents: China and Japan Greenberg Traurig, LLP
Mar
5
2021
Competition Currents China & Japan | March 2021 Greenberg Traurig, LLP
Jan
19
2022
Japan at a Crossroads: Reconciling Drug Price Reform and Innovation Greenberg Traurig, LLP
May
6
2022
GT Newsletter | Competition Currents | May 2022 Greenberg Traurig, LLP
Apr
11
2023
GT Newsletter | Competition Currents | April 2023 Greenberg Traurig, LLP
May
28
2020
Summer 2020 Travel Advisory, U.S. Embassy/Consular Services, and COVID-19 Restrictions Greenberg Traurig, LLP
Apr
8
2021
Competition Currents April 2021 | China & Japan Greenberg Traurig, LLP
Nov
2
2023
Competition Currents | November 2023 Greenberg Traurig, LLP
Feb
9
2024
Competition Currents | February 2024 Greenberg Traurig, LLP
Oct
11
2020
Competition Currents October 2020: Asia Greenberg Traurig, LLP
Jun
9
2022
Competition Currents | June 2022 Greenberg Traurig, LLP
Jun
12
2023
GT Newsletter | Competition Currents | June 2023 Greenberg Traurig, LLP
Nov
3
2023
GT Newsletter | Competition Currents | November 2023 Greenberg Traurig, LLP
Jul
1
2022
Winds of Change: Proposed Revisions to Japan’s Offshore Wind Public Auction Process Greenberg Traurig, LLP
Dec
9
2022
GT Newsletter | Competition Currents | December 2022 Greenberg Traurig, LLP
Feb
10
2020
Crypto Asset Custody Regulations in Japan Greenberg Traurig, LLP
Jul
7
2022
GT Newsletter | Competition Currents | July 2022 Greenberg Traurig, LLP
Dec
13
2022
Investor-State Arbitration: 2022 ICSID Rule Amendments and Update on Japanese Renewable Energy Claims Greenberg Traurig, LLP
Jul
12
2016
The Tokyo Stock Exchange: Gateway to the Asian Market Greenberg Traurig, LLP
Sep
9
2021
Competition Currents | September 2021 | Greater China | Japan Greenberg Traurig, LLP
Feb
14
2022
Greenberg Traurig February 2022 Competition Currents: China and Japan Greenberg Traurig, LLP
Jul
17
2023
Competition Currents | July 2023 Greenberg Traurig, LLP
 

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