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
Aug
16
2021
Japan Enacts Law Restricting Land Use Near Important Facilities and on Islands Near Borders Greenberg Traurig, LLP
Aug
18
2017
Japan Finalizes Report on Positive List System for Food-Contact Materials Keller and Heckman LLP
Feb
13
2016
Japan Financial Services Agency Finalizes Amendments to the Article 63 Exemption Morgan, Lewis & Bockius LLP
Dec
12
2015
Japan FSA Publishes Draft Enforcement Orders, Cabinet Ordinances, and Supervisory Guidelines for Article 63 Exemption Morgan, Lewis & Bockius LLP
Oct
2
2014
Japan Initiates Simpler Visa Process for Filipino, Indonesian and Vietnamese Nationals Greenberg Traurig, LLP
Sep
3
2021
Japan is Contemplating the Future of Cell-based Meats Keller and Heckman LLP
Jan
20
2022
Japan Launches First Fully-Autonomous Ship Navigation Demonstration Robinson & Cole LLP
Aug
20
2019
Japan Notifies WTO of its New Positive List for Plastic Food-Contact Materials Keller and Heckman LLP
Oct
12
2021
Japan on the Move: Pharmaceuticals and Medical Devices (PMD) Act Amendment Demands Proper Compliance Foundation for Entry into Japan Greenberg Traurig, LLP
May
20
2017
Japan Poised to Adopt Positive List System for Food-Contact Materials Keller and Heckman LLP
Jul
28
2020
Japan Proposes Revisions to Positive List for Food-Contact Resins Keller and Heckman LLP
Jan
19
2018
Japan Proposes To Revise Its Fuel Ethanol Policy Bergeson & Campbell, P.C.
Apr
21
2021
Japan Puts Forth Bold Legislation to Attract More Foreign Asset Managers to Upgrade Global Financial Center Status in Post COVID-19 World K&L Gates
Oct
31
2023
Japan Shareholder Reporting Reform K&L Gates
Jan
3
2016
Japan Trade Alert Cadwalader, Wickersham & Taft LLP
Aug
26
2020
Japan Updates Its Food Labeling Rules to Avoid Consumer Confusion Keller and Heckman LLP
Apr
27
2018
Japan Will Allow U.S. Corn Ethanol Imports To Reach GHG Reduction Targets Bergeson & Campbell, P.C.
Oct
4
2023
Japan Will Create Special Business Zones for Asset Managers K&L Gates
Jan
16
2024
Japan | Special Measures for Residence Applicants Berry Appleman & Leiden
Feb
8
2022
Japan's International Financial City Initiative Continues in Full Force, Aiming to Attract Foreign Managers with Licensing Exemptions and Financial Incentives K&L Gates
Feb
25
2019
Japan's Regulation of Food Contact Materials - A Step Closer to the New Positive List System Keller and Heckman LLP
Oct
26
2012
Japan-China Supply Chain Efficiency Valuation and Transfer Pricing McDermott Will & Emery
Aug
5
2022
Japan: Proposed Code of Conduct for ESG Evaluation and Data Providers K&L Gates
Nov
30
2009
Japanese Companies Using New Rehabilitation ADR Procedures in Major Restructurings Bingham McCutchen LLP
Mar
3
2015
Japanese Court Upholds Penalties for Sexual Harassment Squire Patton Boggs (US) LLP
Apr
8
2022
Japanese Financial Sanctions on Russia Over Invasion Into Ukraine Greenberg Traurig, LLP
Jul
24
2020
Japanese Fintech Regulation Update: New Regulatory Framework for Financial Services Intermediary Business Greenberg Traurig, LLP
Jun
26
2011
Japanese FTC Streamlines Merger Review Process Morgan, Lewis & Bockius LLP
Sep
26
2023
Japanese Government Identified Issues Related to AI and Copyrights K&L Gates
Sep
30
2020
Japanese Government's Recent FAQ's Clarify How To Recognize E-Contract Services Under E-Signature Act K&L Gates
Jul
6
2023
Japanese Privacy Regulator Cautioned Businesses Regarding Issues Relating to Generative AI Services K&L Gates
Apr
19
2018
Japanese Regulatory holds the First Meeting of the New Study Group on Virtual Currency Exchanges K&L Gates
Oct
21
2014
Japanese Shipping Company Rolls Over, Pleads Guilty to Price Fixing McDermott Will & Emery
Feb
26
2020
Japan’s COVID-19 Response Could Indicate a Global Shift in Daily Workplace Disease Prevention Practices Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
Mar
29
2013
Japan’s Entry Into Trans-Pacific Partnership Free Trade Agreement (FTA) Raises Opportunities and Risks for US Companies McDermott Will & Emery
 

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