Leading Partners: Gaiben

Antitrust and competition: International firms and joint ventures in Japan

Baker McKenzie (Gaikokuho Joint Enterprise)

Baker McKenzie (Gaikokuho Joint Enterprise)’s ‘exceptional‘ antitrust and competition team in Toyko, widely praised for its ‘deep expertise and global reach‘, regularly handles high-profile merger control, monopolisation, and unfair trade practice matters. Recent highlights for the group also include work on global cartel investigations concerning HDD spring technology and capacitor products. With expertise encompassing cartel investigations and multijurisdictional merger control issues as well as experience working at the Ministry of Internal Affairs and Communications, Junya Ae leads the team alongside Akira Inoue, who stands out for his experience in international cartel cases. Michio Suzuki’s practice covers merger control, cartel, and compliance work. Former Secretary General of the Japanese Fair Trade Commission Shuichi Sugahisa is also a key contact. Cartel specialists Hiroaki Nagahashi and Ryo Yamaguchi are noted for their contribution to the team.

Responsables de la pratique:

Junya Ae; Akira Inoue


Autres avocats clés:

Michio Suzuki; Shuichi Sugahisa; Hiroaki Nagahashi; Ryo Yamaguchi; Mika Masumoto


Les références

‘Akira Inoue and the Tokyo team are knowledgeable, responsive, and creative in providing excellent legal advice.’

‘Junya Ae, Hiroaki Nagahashi and Ryo Yamaguchi fully understand our businesses, organisation and each committee activities. Under the leadership of Junya Ae, they take a commercial approach that is balanced with competition law compliance, making full use of their abundant knowledge and information as a competition law expert so that our business and our member companies may not infringe competition law.’

‘Akira Inoue and Mika Masumoto always do very excellent work for Japanese clients.’

Principaux clients

Sumitomo Corporation


Mitsubishi UFJ Financial Group, Inc.


FUJIFILM Corporation


Mitsubishi Electric Corporation


AGC Inc.


Accenture PLC


Meiji Yasuda Life Insurance Company


Sumitomo Mitsui Financial Group


Hitachi Ltd.


Sojitz Corporation


Toyota Tsusho Corporation


Nidec Corporation


Yazaki Corporation


Murata Manufacturing Co., Ltd.


Japan Industrial Partners Corporation


Marubeni-Itochu Steel Inc.


Japan Bearing Industry Association


Nippon Telegraph and Telephone Corporation (NTT)


NHK Spring Co. Ltd.


Sanden Corporation


KYB Corporation


JERA Co., Inc.


Okaya Electric Industries Co., Ltd.


Bridgestone Corporation


Nippon Shokubai Co., Ltd.


Nippon Steel Corporation


Panasonic Holdings Corporation


Daicel Corporation


Sony Group Corporation


Principaux dossiers


  • Represented and advised NHK Spring and its subsidiaries in relation to the global cartel investigations and follow-on private litigations for the disk suspension used for hard disk drive in the U.S., Japan, Korea, Hong Kong, Thailand, Singapore, Brazil and Taiwan.
  • Advising and representing Mitsubishi Electric Corporation in relation to the merger control/foreign investment review (FIR)/foreign subsidy regulations (FSR) aspects of its acquisition of shares in Coherent Corp.’s carved-out silicon carbide business entity together with other Japanese investor.
  • Representing and advising Sojitz Corporation in relation to the merger control aspects of its acquisition of all the shares in DaiTanViet Joint Stock Company.

Morrison Foerster

Morrison Foerster’s large antitrust team in Tokyo handles a wide range of matters, from merger reviews to investigations into cartels, monopolisation agreements, and unfair trade practices. The team regularly advises both Japanese and foreign clients, including major companies in the tech, auto, transport, pharma, logistics, and consumer products sectors. Practice head Tomohiko Kimura boasts considerable experience in merger control, cartel, and unfair trade practice matters as well as antitrust litigation. Litigator Chie Yakura is strong in antitrust and competition cases, while Takahiro Nonaka advises multinationals on US antitrust law and Foreign Corrupt Practices Act issues.

Responsables de la pratique:

Tomohiko Kimura


Autres avocats clés:

Chie Yakura; Takahiro Nonaka


Les références

‘Tomohiko Kimura has an excellent understanding of a client’s needs and how the JFTC will react and respond to issues.’

‘Chie Yakura and Tomohiko Kimura are our go-to partners in Japan for all antitrust and competition matters. What makes them stand out is their in-depth knowledge of our technologies, their personal connections with key regulators and their high judgement.’

‘The team is easy to work with, has a very good understanding of the JFTC’s approach, are willing to consider and work with clients views and requirements, and have an excellent understanding of our business. In short they are a key business partner.’

Principaux clients

Renesas Electronics Corp.


Toshiba Corporation


Fujitsu


Santen Pharmaceutical


SoftBank


ON Semiconductor


Principaux dossiers


  • Representing Fujitsu in an action brought against its former subsidiary Fujitsu Semiconductor Limited for alleged breach of contract, interference with contract, indemnity, and unfair competition by Cypress Semiconductor.

Jones Day

Jones Day’s antitrust and competition law team leverages the firm’s international network to offer antitrust advice to domestic and international clients in a broad range of sectors, including manufacturing, automotive, and electronics. Practice head Hiromitsu Miyakawa’s broad experience covers merger filings, cartel investigations, and compliance. Chizuru Yoshida provides key support, particularly on merger filing analysis in relation to business combinations.

Responsables de la pratique:

Hiromitsu Miyakawa


Autres avocats clés:

Chizuru Yoshida


Principaux clients

Jensen-Group NV


Electrolux Professional AB


Principaux dossiers


  • Advised Jensen-Group NV, an international company that manufactures machines for the heavy-duty laundry industry based in Belgium, on its joint venture with Miura Co. Limited, a Japanese-listed company that manufactures boilers.
  • Advised Electrolux Professional AB, a Swedish professional appliance manufacturing company operating globally, in connection with its acquisition of Tosei Corporation from Marunouchi Global Fund II and Marunouchi Capital Fund II, both related to Mitsubishi Corporation, for approximately SEK 1,650million (JPY 23.25 billion) on a cash and debt-free basis.

White & Case LLP - White & Case Law Offices (Registered Association)

White & Case LLP - White & Case Law Offices (Registered Association)’s competition team in Tokyo acts for major Japanese and international corporations in relation to various antitrust and competition law issues, including merger filings. With considerable experience advising on cartel, abuse of position, and price maintenance matters, as well as merger control, Toshio Dokei leads the group. Takako Onoki, a name to note for antitrust investigations and global merger notification proceedings, plays a key role in the team.

Responsables de la pratique:

Toshio Dokei


Autres avocats clés:

Takako Onoki


Les références

‘This law firm has provided us with appropriate case studies and commentary regarding compliance with antitrust laws in relation to pharmaceutical distribution.’

‘They explain, as appropriate, the points to note and rules to understand in order to avoid violations of the antitrust laws.’

‘White & Case’s global integrated network is an important element for local clients like us when choosing law firms to work with on a global transaction.’

Principaux clients

Pharmaceutical Research and Manufacturing of America (PhRMA)


Principaux dossiers


  • Regularly provides advice to the  Distribution Committee of PhRMA in Japan on antitrust/competition compliance issues.

Clifford Chance (Gaikokuho Kyodo Jigyo)

Clifford Chance (Gaikokuho Kyodo Jigyo)’s antitrust team in Tokyo benefits from the firm’s international network to offer ‘seamless support’ to clients in the private equity, infrastructure, and tech sectors, among others. Masafumi Shikakura, promoted to partner in May 2024, leads the practice. He focuses on merger filings, foreign investment regulations, and tech antitrust matters. Yuki Hoshinaga, who plays a key role in the team, has notable experience advising on domestic and global merger filings as well as tech antitrust matters.

 

Responsables de la pratique:

Masafumi Shikakura


Autres avocats clés:

Yuki Hoshinaga


Les références

‘Masafumi Shikakura offers very individualised support.’

‘Their global collaboration means they provide seamless support.’

Principaux clients

Mitsui & Co., Ltd.


China Baowu Group


CVC Capital Partners


Principaux dossiers


  • Advised Mitsui on its agreement to acquire a 70% stake in Nutrinova Netherlands B.V. from the global chemical and specialty materials company Celanese Corporation (NYSE: CE) for $472.5m.
  • Advised the world’s largest steel producer China Baowu Steel Group Corporation Limited on the global merger control and foreign investment filings for its acquisition of 100% interest of Sinosteel Group Corporation Ltd.
  • Advised CVC Capital Partners on its fund’s 100% acquisition of Sogo Medical Group Co., Ltd, which is a Japanese pharmacy operator, from Polaris Capital Group and other shareholders.