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.

Custom text Title Sort descending Organization
Feb
26
2024
Battle of the Bags: UNIQLO Sues SHEIN in Japan Over Viral Handbag Dupe K&L Gates
Dec
20
2021
Benefits and Considerations for Patent Prosecution Under Patent Prosecution Highway in Australia, Canada, South Korea, and Japan Sheppard, Mullin, Richter & Hampton LLP
Jul
17
2017
Biosimilar Uptake and Patent Litigation in Japan Sterne, Kessler, Goldstein & Fox P.L.L.C.
Jul
23
2014
Bitcoin – Is Anyone In Charge? Barnes & Thornburg LLP
Sep
7
2017
Blockchain Energizer - Volume 12: September 7, 2017 K&L Gates
Oct
19
2017
Blockchain Energizer – Volume 15 K&L Gates
Nov
16
2018
Blockchain Energizer – Volume 38 K&L Gates
Jun
19
2019
Brazil: Visa Exemption for United States, Canadian, Australian, and Japanese Citizens Mintz
Nov
25
2014
Bridging the Week: November 17 to 21 and 24, 2014 [VIDEO] Katten
Jul
8
2020
Brussels Regulatory Brief: June-July 2020 K&L Gates
Oct
16
2014
Bulletin: Commerce Department Statistics on the First Year of Export Control Reform Sheppard, Mullin, Richter & Hampton LLP
Mar
11
2011
Business Interruption in Japan Risk and Insurance Management Society, Inc. (RIMS)
Jan
29
2018
Canada Reaches Comprehensive and Progressive Trans-Pacific Partnership Agreement Dickinson Wright PLLC
Oct
27
2020
Central Banks Issue Report Considering CBDCs Hunton Andrews Kurth
Aug
19
2021
CFIUS Clearance: Toyota Motor Corporation and CARMERA, Inc. Squire Patton Boggs (US) LLP
Jul
15
2019
CFIUS Filing Clearance: SoftBank Group and GM Cruise Holdings Squire Patton Boggs (US) LLP
Jul
12
2019
CFTC and Financial Services Agency of Japan Issue Joint Statement on Comparability of Derivatives Trading Venues Katten
Oct
30
2015
CFTC Exempts a Japanese Clearing Organization and Korean Exchange From Derivatives Clearing Organization Registration Katten
Jan
25
2015
CFTC Grants Order of Registration to Tokyo Commodity Exchange Katten
Sep
9
2016
CFTC Issues Comparability Determination for Japan Uncleared Swap Margin Rules Katten
Aug
10
2018
CFTC Proposes Rules to Simplify Process for Foreign Clearing Organizations to Obtain DCO Registration Exemptions Katten
Sep
28
2015
CFTC Seeks Comment on Japan Securities Clearing Corporation’s Petition for Exemption from DCO Registration Katten
Dec
6
2011
Charting Supply Chain Risk in China – It’s Worse Than in Japan Risk and Insurance Management Society, Inc. (RIMS)
Nov
19
2020
China and U.S. Rank Even in Wireless Communication Patent Applications Worldwide Through October 2020 Schwegman, Lundberg & Woessner, P.A.
Aug
24
2023
China Bans Seafood from Japan Keller and Heckman LLP
Oct
18
2010
China Plays Hardball With Rare Earth Exports Risk and Insurance Management Society, Inc. (RIMS)
Jan
15
2021
China and Japan | Competition Currents January 2021 Greenberg Traurig, LLP
Sep
5
2021
China’s Supreme People’s Court Affirms Right to Set Royalty Rates Worldwide in OPPO/Sharp Standard Essential Patent Case Schwegman, Lundberg & Woessner, P.A.
Jan
19
2023
Chips Chatter: January 10-17, 2023 Squire Patton Boggs (US) LLP
Jan
9
2023
Chips Chatter: January 2-9 Squire Patton Boggs (US) LLP
Apr
6
2023
Chips Chatter: March 14-April 3, 2023 Squire Patton Boggs (US) LLP
Mar
17
2023
Chips Chatter: March 4-13, 2023 Squire Patton Boggs (US) LLP
Mar
4
2022
Client Alert - Russian Sanctions: The Impact on the Ability to Conduct Business Norris McLaughlin P.A.
Jul
15
2014
Commission Publishes White Paper on Minority Shareholdings McDermott Will & Emery
Sep
21
2017
Committee on Foreign Investment in the United States (CFIUS) Publishes Its 2015 Annual Report to Congress Squire Patton Boggs (US) LLP
 

NLR Logo

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins

 

Sign Up for e-NewsBulletins