Leading Partners: Gaiben

Banking and finance: Independent local firms in Japan

Anderson Mori & Tomotsune

The banking and finance practice at Anderson Mori & Tomotsune handles a wide variety of financing and lending work, ranging from conventional bank lending and syndicated structured financing transactions to regulatory advice. The team consists of 'leading experts' in the areas of structured securities and financial market regulations, and represents clients at all stages of the financial lifecycle, from structuring and negotiations to documentation, and closing. Key figures include Hiroaki Takahashi, who provides guidance on financial regulations, and Takashi Akahane, who handles private finance initiatives and various financial transactions. Satoshi Inoue is a name to note in relation to the LBO finance market in Japan.

Autres avocats clés:

Hiroaki Takahashi; Takashi Akahane; Satoshi Inoue


Les références

‘The financial and regulatory team at AMT has very responsive, leading experts in the area of structured securities and financial markets regulatory and provides helpful commercial advice.’

‘Anderson Mori & Tomotsune (AMT) has been involved in this practice since the early days of LBO loans in Japan, and the firm possesses diverse knowledge, not only on the bank side but also on the borrower side and the mezzanine side.’

‘Satoshi Inoue provides comprehensive support to the bank side, not only offering legal advice but also suggesting negotiation strategies tailored to the M&A deal situation and proposing terms that delve into the business aspects. We deeply trust him as our main counsel.’

Principaux clients

Mizuho Bank, Ltd.


MUFG Bank, Ltd.


Sumitomo Mitsui Banking Corporation


Sumitomo Trust and Banking Co., Ltd.


Aozora Bank, Ltd.


SBI Shinsei Bank, Limited


Development Bank of Japan


The Bank of Yokohama, Ltd.


Kiraboshi Bank, Ltd.


MCP Mezzanine Co., Ltd.


Principaux dossiers


  • Advised Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, MUFG Bank, Ltd., and Aozora Bank, Ltd., as mandated lead arrangers for a senior facility.
  • Advised VM2 Holdings Co., Ltd., the parent company of Godiva Japan, on the financing negotiations with existing lenders.

Mori Hamada & Matsumoto Tokyo Office

The banking and finance team at Mori Hamada & Matsumoto Tokyo Office advises Japanese and international clients on the full range of financial transactions. The team is active in corporate loans, structured and real estate finance, venture debt, and derivatives. Team leader Masanori Sato has extensive experience in the areas of structured finance, capital markets, real estate, and infrastructure. Sato has also been involved in sustainable finance matters and other projects designed to achieve carbon neutrality. Hiroki Aoyama covers syndicated loans and LBOs, while Takahiro Kobayashi advises on structured finance and securitisation. Other key members include Kei Shirakawa, who covers leveraged and project financing, and Yusuke Suehiro, who focuses on banking matters and LBO financing.

Responsables de la pratique:

Masanori Sato


Autres avocats clés:

Hiroki Aoyama; Takahiro Kobayashi; Kei Shirakawa; Yusuke Suehiro


Les références

‘Takahiro Kobayashi provides proper solutions to legal issues based on his experiences and knowledge. We appreciate his services and professional advice.’

‘The banking and finance practice team at Mori Hamada & Matsumoto stands out for its professionalism and deep consideration for clients. I particularly value their balanced approach to service and meticulous attention to cases. Additionally, their proactive adoption of innovative practices, such as diversity in staffing and the use of technology, adds to their appeal.’

‘Mori Hamada & Matsumoto excels in delivering client-centric services, making their support highly valuable. For these reasons, I strongly recommend its team and capabilities to potential clients.’

Principaux clients

The Japanese Bankers Association (JBA)


Japan Syndication and Loan-trading Association (JSLA)


MUFG Bank, Ltd.


Sumitomo Mitsui Banking Corporation


Mizuho Bank, Ltd.


Mizuho Securities Co., Ltd.


Mitsubishi UFJ Trust and Banking Corporation


Sumitomo Mitsui Trust Holdings, Inc. and Sumitomo Mitsui Trust Bank, Limited.


Prudential Mortgage Capital Company


Softbank Corp.


GE Japan Corporation


Japan Bank for International Cooperation


Principaux dossiers


  • Advised JIC Capital, Ltd. on acquisition finance for a tender offer bid for JSR Corporation.
  • Advised Mizuho Bank, MUFG Bank, and the Development Bank of Japan on project finance for the Kitakyushu-Hibikinada Offshore Wind Farm.

Nagashima Ohno & Tsunematsu

The banking and finance team at Nagashima Ohno & Tsunematsu is well versed in a wide range of loan and credit-related transactions, including syndicated loans, various types of non-recourse loans, aircraft and ship financing, as well as financing for foreign trade. The team is led by Fumihide Sugimoto, who is known for managing various types of loans and other credit-related transactions, such as syndicated loans, derivatives, and foreign trade financing. Jiro Mikami and Hiromi Hattori bring significant experience in acquisition finance, while Mami Ikebukuro specialises in real estate finance. Motohiro Yanagawa focuses on trust and asset finance, and Keiko Shimizu offers deep knowledge of investment fund regulations and other financial product and service regulations.

Responsables de la pratique:

Fumihide Sugimoto


Autres avocats clés:

Jiro Mikami; Hiromi Hattori; Mami Ikebukuro; Motohiro Yanagawa; Keiko Shimizu


Les références

‘Nagashima Ohno & Tsunematsu has a deep understanding of Japanese financial regulations.’

Principaux clients

Mitsubishi UFJ Financial Group, Inc.


Mizuho Financial Group, Inc.


Sumitomo Mitsui Financial Group, Inc.


Sumitomo Mitsui Trust Holdings, Inc.


SBI Shinsei Bank, Ltd.


Goldman Sachs


Morgan Stanley


Nomura Securities Co., Ltd.


Daiwa Securities


JP Morgan


Development Bank of Japan


Principaux dossiers


  • Advised Sumitomo Mitsui Banking Corporation on the arrangement and underwriting of acquisition financing regarding the management buyout of Taisho Pharmaceutical Holdings Co., Ltd.
  • Advised Luup, a Japanese E-scooter sharing operator, on raising 3.6 billion yen in new funding.
  • Advised Resona Bank on the financing of Carlyle Group’s acquisition of Seiko Pmccorporation.

Nishimura & Asahi

Nishimura & Asahi‘s team supports both financiers and borrowers on a broad spectrum of domestic and cross-border banking transactions, including asset financing, acquisition financing, and corporate and syndicated loans. The team is co-led by Kosuke Shibukawa and Takashi Saito, with the former managing asset finance transactions for a range of assets, including aircraft, train, and marine containers, and the latter specialising in acquisition finance, subscription finance, and syndicated lending. Katsu Sengoku brings expertise in asset financing and trading transactions, while Adrian Joyce has extensive experience in cross-border asset finance within the energy, transportation, and infrastructure sectors. Another member to note is Hideo Horikoshi, who specialises in advising on complex finance transactions with a focus on acquisition finance deals.

Responsables de la pratique:

Kosuke Shibukawa; Takashi Saito


Autres avocats clés:

Katsu Sengoku; Adrian Joyce; Hideo Horikoshi


Principaux clients

Toshiba Corporation


GIC Pte. Ltd.


Tokyo Century Corporation


Goldman Sachs Japan Co., Ltd.


Sumitomo Mitsui Banking Corporation


Mizuho Bank, Ltd.


SPARX Asset Management, Co., Ltd.


Kawasaki Kisen Kaisha, Ltd.


Exponent Private Equity LLP


Principaux dossiers


  • Advised Toshiba on consideration of strategic alternatives that materialised during a take-private transaction.
  • Advised GIC on its investment in WHI Holdings Co., Ltd. with Bain Capital Private Equity, LP.
  • Advised Tokyo Century on financial restructuring of Vroon Group B.V.

Atsumi & Sakai

The team at Atsumi & Sakai is well-versed in financing transactions and services, particularly in project and asset finance matters. The team, jointly led by Ryosuke Oue, Keita Imaizumi, and Sayaka Aizawa, advises on general banking work, domestic and cross-border syndicated loans, global cash management services, and vendor finance. Oue advises foreign investors on renewable energy projects in Japan, while Imaizumi and Aizawa focus on domestic and cross-border syndicated loans and structured finance matters. Other names to note are Yutaka Sakai, who has extensive experience in securitisation and ship finance, and Yuri Suzuki, who focuses on fintech matters, including P2P payment and e-money.

Responsables de la pratique:

Ryosuke Oue; Keita Imaizumi; Sayaka Aizawa


Autres avocats clés:

Yutaka Sakai; Yuri Suzuki; Akira Shimazaki


Principaux clients

Tokyo Metropolitan Government


Financial Services Agency (FSA)


Principaux dossiers


City-Yuwa Partners

The banking and finance team at City-Yuwa Partners provides comprehensive advice on both regulatory matters and transactions. Led by Junko Hirakawa, the team has significant experience in structured finance, particularly related to real estate, trust schemes, and the securitisation of various assets. Reiko Yoshida advises clients on the financial and corporate aspects of ship-related transactions in the maritime sector, while Masamichi Sakamoto brings expertise in investments and energy transactions, with a focus on cross-border transactions. Gen Takizawa offers extensive knowledge in ECA finance, derivatives, and trust transactions, and Kenta Ikebe has a strong background in structured finance, acquisition finance, and securitisation.

Responsables de la pratique:

Junko Hirakawa


Autres avocats clés:

Reiko Yoshida; Masamichi Sakamoto; Gen Takizawa; Kenta Ikebe


Les références

‘City-Yuwa Partners delivers clear, comprehensive legal advice on complex financing transactions, taking into account the unique needs of foreign banks while ensuring compliance with local regulations.’

‘The collaborative approach among partners and associates fosters a deep exchange of expertise, enabling precise, timely solutions. This teamwork enhances the firm’s ability to provide tailored, seamless legal services, from initial consultations to the final stages of financing and loan disbursement.’

‘City-Yuwa Partners has always proactively engaged in innovative financing schemes without being bound only by traditional or stereotyped structures. The team is incomparably valuable with positive passion, energy and experience, know-how and internationality.’

Principaux dossiers


TMI Associates

The team at TMI Associates offers a variety of legal services in financial matters, covering areas such as securitisation, liquidation, REITs, and derivative transactions. Led by Yoshiyasu Yamaguchi, the team is well versed in real estate finance and development type-real estate securitisation matters. Hideaki Kurauchi brings expertise in both real estate and finance issues, while Yoshikazu Noma specialises in domestic and cross-border lease transactions and asset finance. Mizuki Koshimoto has substantial experience in inbound renewable energy transactions, and Noriko Yao is a name to note in relation to project finance.

Responsables de la pratique:

Yoshiyasu Yamaguchi


Autres avocats clés:

Hideaki Kurauchi; Yoshikazu Noma; Mizuki Koshimoto; Noriko Yao


Les références

‘We have been working with TMI Associates for about 20 years. We were looking for a legal firm that could support us in all of our practice areas, mainly involving financial operations abroad, and TMI is a renowned company in the market. They have a great know-how in the financial area and global presence.’

‘Mr. Yoshiyasu Yamaguchi is always present when clients need support. He has a deep knowledge and experience in several practice areas. He is an extremely qualified lawyer.’

‘TMI is the best firm in terms of service excellence for us, including cordiality, quality of service, network, and speed of work.’

Principaux clients

Sumitomo Mitsui Banking Corporation


Sumitomo Mitsui Trust Bank, Limited


Mitsubishi UFJ Trust and Banking Corporation


Mizuho Trust & Banking Co., Ltd.


Aozora Bank, Ltd.


Resona Bank, Limited


Aeon Bank, Ltd.


Orix Corporation


Banco Do Brasil S.A.


Suruga Bank Ltd.


Shizuoka Bank


Principaux dossiers


  • Advised First REIT Management on the acquisition of Japanese real estate and financing by a Singapore-listed REIT.

Kaynex Law Offices

The team at Kaynex Law Offices brings extensive knowledge in structured finance, securitisation, capital markets, banking, and real estate, including providing regulatory advice. Led by Eiichi Nagai, who is well versed in real estate finance, the team also features Norifusa Hashimoto, who advises on domestic and cross-border matters involving samurai bonds, debt private placements, and repackaging. Another key member in financial transactions is Aya Kurahashi.

Responsables de la pratique:

Eiichi Nagai


Autres avocats clés:

Norifusa Hashimoto; Aya Kurahashi


Les références

‘Each lawyer has high expertise. The team works together very well and their advice is prompt and comprehensive.’

‘Norifusa Hashimoto is very experienced in giving legal advice on capital markets, banking, listed companies corporate matters in general, securitisation of loans, real estate, and others.’

Principaux clients

A.P. Sustainable Real Estate Investment Advisor


Principaux dossiers


  • Advised Kiraboshi Bank on its real estate securitisation.
  • Advised Ryukyu Capital on its investments in start-up companies.
  • Advised Kiraboshi Bank on its securitisation transaction for lease receivables.

Tsubame Law Offices

The banking and finance team at Tsubame Law Offices has particular strength in domestic and cross-border real estate financing, structured finance transactions, and syndicated loans. The team is co-led by Yasuko Tsuchihashi, Atsuko Kissho, Takumi Fukuda, and Yasuhiro Shimada, whose combined experience covers all aspects of real estate matters, including structuring, investments, M&A, financing, asset and property management, and dispositions. Kissho is a key name to note in relation to cross-border ship financing transactions.

Responsables de la pratique:

Yasuko Tsuchihashi; Atsuko Kissho; Takumi Fukuda; Yasuhiro Shimada


Principaux dossiers