Due to the rapidly changing business environment, M&As among competitors are increasing with competition authorities in many jurisdictions often strictly scrutinizing them. We identify and analyze key issues under both domestic and foreign competition laws from the planning stage of the M&A, and give comprehensive advice and support to our clients in order to effectively and efficiently proceed with the merger control, ensuring consistencies with parallel proceedings in other jurisdictions by coordinating with foreign law firms. We have an enviable track record of leading M&As to successfully obtain clearance from various competition authorities. Our practice is supported by both our offices in Japan and our strong specialization in M&A practices.
Moreover, regarding M&A plans which potentially have significant anti-competitive impacts and may harm our clients’ business, we sometimes engage in advocacy to urge the relevant competition authority to block the deal or implement a sufficient remedy to the M&A by articulating competitive concerns caused by such M&A plan.
- ADVICS Co., Ltd. - Acquisition of the foundation brake business of Nisshinbo Holdings Inc.
- Rakuten, Inc.: Acquisition of Asahi Fire & Marine Insurance Co., Ltd.
- Mizuho Financial Group, Inc.: Integration of Trust & Custody Services Bank, Ltd. with Japan Trustee Services Bank, Ltd.
- Business integration between The Daishi Bank, Ltd. and The Hokuetsu Bank, Ltd.
- Dow Chemical - DuPont
- Merger review of transactions including the establishment of a joint sales company for containerboards by Nippon Paper Industries and Tokushu Tokai Paper
- 2015 - 2016
- Acquisition of Tokyo Kohtetsu by Osaka Steel
- 2015 - 2016
- Acquisition of Tokai Steel by Godo Steel
- GlaxoSmithKline - Novartis
- 2015 - 2017
- Acquisition of Nisshin Steel Co., Ltd. by Nippon Steel & Sumitomo Metal Corporation
Antitrust Roudtable:Investigating, Defending and Settling Multijurisdictional Antitrust and Cartel CasesSeminars