Japanese corporate registry transcripts will now be able to keep the address of the representative director private.  From the perspective of personal information protection, the Japanese Ministry of Justice will, starting in October 2024, allow the address of the representative director to be undisclosed at the time of company registration.  Please note that if measures are taken to hide the address of the representative director, it might become difficult to verify the address of the company representative through a certificate of registered matters. This may cause inconvenien ..read more

Happy New Year from AILAW! As the new year dawns, we at AILAW wish to extend our heartfelt greetings to you. This year, let us embrace the spirit of innovation and forward-thinking that defines us. In the year of the dragon, symbolizing strength, wisdom, and agility, we stand committed to navigating through complexities and pioneering new paths in technology and law. Our journey is fueled by the trust and collaboration we share with you, our valued clients and partners. Together, let’s soar to new heights and achieve unparalleled success. Here’s to a year filled with prosperity, breakthroughs ..read more

Our office will be closed from Monday December 25th, 2023 to Thursday January 4th, 2024 inclusively for the end-of-year and New Year’s holidays.    (Inquiries by email will be accepted.)  We thank you very much for your continued support this past year and wish you a happy holiday season.     Akasaka International Law, Patent and Accounting Office  The post Notice on end-of-year 2023 and New Year’s Holidays first appeared on Akasaka International Law, Patent & Accounting Office ..read more

Akasaka International Law Office is pleased to announce that managing partner Shinji Sumida has been quoted in a April 26th article from the Nikkei on “Safely utilizing conversational AI in business operations: Startups put their heads together“. Mr. Sumida has recently written articles on safe AI usage and will soon be presenting a series of seminars on the matter, which you can find here. If you would like to learn more about about safely using AI in your business, feel free to follow the link below to get in touch with us.    The post Managing Partner Shinji Sumida Is Quoted in th ..read more

If you are a in Japan and would like to learn more about the rules of using ChatGPT in your company, please feel free to sign up for Mr Sumida’s upcoming seminar schedule. Seminar Date Sign up ！！ “ChatGPT internal usage and key revisions to internal regulation of Company～・What are the risks for emplyees when the company uses ChatGPT・What are the specific measures to address these risks” at Financial Management Forum, Inc. (In Japanese)  May 30, 2023(Tue.) 9:30~12:30 開催セミナー詳細 – 金融財務研究会・経営調査研究会 (kinyu.co.jp) “ChatGPT internal usage and key revisions to internal regulation of Company ..read more

Helping American and Japanese Companies Maximize Profits and Strengthen Cooperation With a deep understanding of the business relationships and cultural nuances between the two countries, AILAW provides effective legal support to American companies, helping them maximize profits and minimize risks in acquisitions involving Japanese companies.  1. Specialized M&A Legal Services for Technology Acquisition, Efficiency, and Profit Maximization We provide expert M&A legal support to American and Japanese companies, facilitating technology acquisition, improved efficiency, and profit ma ..read more

This post is an English summary of an original post in Japanese. A comprehensive approach As businesses face increasing threats from fraudulent activities, it is crucial to develop a comprehensive approach to effectively manage these risks.As risk management specialists and lawyers, we offer guidance on addressing fraud within an organization, covering aspects such as setting objectives and criteria, conducting investigations, decision-making, preventing recurrence, team building, and handling overseas operations. Practical steps Firstly, when victimized by fraud, it is essential to avoid ..read more

This post is an English summary of an original post in Japanese. Facing modern challenges Religious organizations are facing many challenges in today’s society. These include the rise of secularism, changing demographics, and increased scrutiny from the media and society. In response to these challenges, there are a number of strategies that religious organizations can employ to prepare themselves for potential challenges.  Strategies One important strategy is to build strong relationships with the media. By communicating their message effectively and avoiding negative coverage, organizat ..read more

1. Basic Rules Regarding Statutory Interest Rates in Japan Article 404 of the Civil Code stipulates that the interest rate based on the statutory interest rate shall apply to claims that accrue interest if no declaration of intent is made, and the statutory interest rate is 3% per year. However, Paragraph 3 of the same article stipulates that the statutory interest rate is subject to change every three years, and the Ministry of Justice ordinance defines the criteria for this change. Therefore, it is necessary to investigate the fluctuation system to see what the statutory interest rate will b ..read more

Be Prepared  No company can fully anticipate a crisis, but a company that is prepared for one will be ready to handle it and mitigate the damage it may cause. The following advice seeks to give your company some guidance about how to prepare for a crisis and how to respond to it once it occurs. We’ve divided this process into three phases: preparation, maintenance and response.   Preparation Phase  Laying the Groundwork  Perhaps the most important step is to first create a Crisis Management Team (CMT). Unless your company is quite small, you will a group of people to p ..read more