Marc d'inversió i oportunitats al Japó

The different obligatory declarations in Japan are:

• when a company with meets these thresholds (Competition Law):
  • Joint share company: one company contribution exceeds JPY 20 billion and the other JPY 5 billion,
  • Joint corporation-type company split: companies contributions exceed JPY 10 and 3 billion,
  • Share acquisition: capital issued exceeds JPY 5 billion and acquiring company capital exceeds JPY 20 billion,
  • Merger: company capital exceed JPY 20 and 5 billion,
  • Acquisitions of business: transferring company capital exceeds JPY 3 billion and acquiring company capital JPY 20 billion,
• when a company exceed 1 % of equity participation, regardless the amount of investment (Foreign Exchange and Foreign Trade Law).

• Defence.
• Broadcasting and telecommunications.
• Agriculture, forestry and fisheries.
• Petroleum, utilities and nuclear energy.
• Aviation, aerospace and maritime transport.
• Leather making.

Any investment in the banking, insurance, energy, electricity, security and pharmaceutical sectors is subject to license.
On 22 November 2019, the Japanese parliament adopted a bill revising the Foreign Exchange and Foreign Trade Act. The revised law requires foreign investors to request prior notification to the government before obtaining a 1% or more stake in a listed Japanese company engaged in activities related to arms, nuclear energy, semiconductors, railways and other areas, lowering the threshold from the current 10%. The amended law came into force on 7 May 2020.