Katsuki Matsuura is a partner in the Corporate Practice Group of the firm. He has extensive experience in providing legal support to Japanese clients on expanding their business overseas and to non-Japanese clients on launching their business in Japan. Mr. Matsuura has handled a number of cases involving mergers and acquisitions, joint venture, and various business and commercial contracts including distributorship agreement and agency agreement. He has also advised non-Japanese clients on general corporate matters, labor matters and disputes and litigations after their launch of business in Japan.
2009 to Present City-Yuwa Partners
2014-2015 Weil, Gotshal & Manges LLP, New York
2005 Hitotsubashi University (LL.B.)
2007 Hitotsubashi University Law School (J.D.)
2008 Legal Training and Research Institute
2014 Columbia Law School (LL.M.)
When conducting M&A transactions in Japan, one of the most important considerations is how to handle the target's employment relationships. In Japan, it is generally difficult for an employer to dismiss employees or change their employment conditions to ones which are disadvantageous without obtaining the employees' consent. Therefore, buyers must carefully examine a target's existing employment contracts and the effects of the M&A transaction on its employment relationships.
When a non-Japanese company or investor proceeds with an M&A transaction in Japan, one of the key regulations to observe is the Foreign Exchange and Foreign Trade Act (FEFTA), which regulates foreign direct investment (FDI). However, regulation under the FEFTA can delay the M&A transaction schedule. Therefore, this article sets out practical considerations relating to Japan's FDI regulations which non-Japanese companies and investors should bear in mind when scheduling an M&A transaction.