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 ascending Organization
Dec
8
2022
Global Perspective on Patenting of Blockchain, Crypto, and DeFi Technologies ArentFox Schiff LLP
Feb
22
2024
Global Patenting Trends: WIPO Reports a Record Number of Patent Filings ArentFox Schiff LLP
Apr
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2017
Global Data Protection: Developments in Right to Be Forgotten Covington & Burling LLP
Jun
10
2014
G7 Leaders Tackle Growth, Stability and Tax Bases; Warn Absent Russia Covington & Burling LLP
Jun
15
2021
G7 Communique Emphasizes Climate-Related Financial Disclosures Mintz
Jun
12
2019
FTC Charges Two Japanese Corporations with Alleged HSR Avoidance Scheme Cadwalader, Wickersham & Taft LLP
Jan
29
2019
Free Trade Agreement Takes Effect Without U.S. Squire Patton Boggs (US) LLP
Sep
15
2022
Foreign Video-Hosting Website Can’t Escape Long Arm of the Law McDermott Will & Emery
Sep
8
2014
Foreign Agents Registration Act (FARA) Again in the Spotlight: New York Times Examines Foreign Funding and Think Tanks Covington & Burling LLP
Jan
10
2019
Forecast for U.S. Federal and International Chemical Regulatory Policy 2019: Asia & Australia Bergeson & Campbell, P.C.
Nov
23
2023
Foley Automotive Update Foley & Lardner LLP
Feb
20
2020
Fiscal Year 2021 President’s Budget Request: Function 150 Account Highlights Squire Patton Boggs (US) LLP
May
12
2020
First Circuit Holds Japan is an Adequate Alternative Forum Proskauer Rose 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
May
4
2017
Fast-Tracking Patent Applications in Asia Sterne, Kessler, Goldstein & Fox P.L.L.C.
Sep
23
2020
Fall Travel Advisory: U.S. Embassy/Consular Services and COVID-19 Movement Restrictions Greenberg Traurig, LLP
May
5
2015
Extradition from Japan: The Gamble Barnes & Thornburg LLP
Feb
8
2021
Expediting Patent Prosecution with the Newly Extended Collaborative Search Pilot Program Mintz
Aug
7
2015
Expediting Patent Prosecution with New Collaborative Search Pilot Program Mintz
Jul
14
2011
Evaluating Insurance Policies After Japan’s Earthquake Risk and Insurance Management Society, Inc. (RIMS)
Feb
17
2021
Evaluating Foreign Investment in RCEP Member States From a Dispute Resolution Perspective K&L Gates
Jan
25
2019
European Union Adopts Adequacy Decision For Safe Data Flows With Japan Faegre Drinker
Aug
24
2014
European Securities and Markets Authority (ESMA) Publishes Updated List of Non-European Economic Area (EEA) Central Counterparties Applying for Recognition Under European Market Infrastructure Directive (EMIR) Katten
Oct
9
2014
European Patent Office (EPO) – New Guidance On Added Subject Matter Schwegman, Lundberg & Woessner, P.A.
Nov
22
2014
European Commission Extends Deadline for the CRR (Capital Requirements Regulation) Katten
Nov
2
2014
European Commission Adopts First Equivalence Decisions for Non-EU Central Counterparties (CCPs) Katten
Feb
1
2019
European Commission adopts adequacy decision on Japan Squire Patton Boggs (US) LLP
Feb
1
2024
EuropaBio Publishes Biomanufacturing Global Series Reports on the United States, India, and Japan Bergeson & Campbell, P.C.
Dec
12
2017
EU/Japan Trade Agreement Preserves GIs Despite U.S. Concerns Keller and Heckman LLP
Jun
20
2023
EU-Based Asset Managers Press J-Power on GHG Emissions Targets and Disclosures, Signaling Shift in Focus to Japan Cadwalader, Wickersham & Taft LLP
Dec
16
2022
EU Requests Establishment of WTO Panel in Chinese Anti-Suit Injunction Patent Cases Schwegman, Lundberg & Woessner, P.A.
Dec
21
2017
EU May Soon Decide “Adequate” Status for Japan Faegre Drinker
Aug
9
2018
EU and Japan Strike Tentative Data Transfer Deal Sheppard, Mullin, Richter & Hampton LLP
Nov
1
2023
EU and Japan Reach Landmark Agreement on Cross-Border Data Flow Barnes & Thornburg LLP
Jan
28
2019
EU and Japan Finalize Data Transfer Deal Sheppard, Mullin, Richter & Hampton LLP
 

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