Protection of freelancers In recent years in Japan, more people are working as freelancers in search of more flexible work styles. The increase in the number of workers who want side jobs and the number of companies that allow them after the Covid-19 pandemic has also contributed to the growth of freelancers. According to a …
Continue reading “Recent developments in employment regulations in Japan”
Current status of workers’ employment in Japan In Japan, the large disparity between male and female employees in employment conditions has traditionally been seen as a problem, and to date the disparity has not been corrected.
This article sets out an overview of the data protection requirements under the Act on the Protection of Personal Information of Japan (‘APPI’). APPI was passed in 2003 and went into effect in 2005. It has been amended time to time, including the amendments in 2021 and 2022.
Introduction A weak Yen and other factors continue to attract overseas investors to the Japanese real estate market. While this investment can take many forms, two of the most common financing structures are GK-TK and TMK (as defined in the graphics). J-REITs are often used for large-scale portfolios, but because of this structure’s longer timeline …
Continue reading “Major real estate investment structures in Japan”
In 2019, right before the coronavirus pandemic, the Japanese government introduced the so-called ‘Work Style Reform’ which aimed to (i) reduce the infamous long working hours of Japanese workers, (ii) introduce flexible and diverse work styles, and (iii) ensure that all workers receive equal treatment. This shift towards a new work style was accelerated by …
Continue reading “The new style of working in Japan – ‘Work Style Reform’ and teleworking”
Introduction Corporate governance reforms for Japanese listed companies have been accelerating in recent years. However, a tide of shareholder activism is hitting corporate Japan even harder in the era of the Covid-19 pandemic, demanding more effective governance, sustainable growth, attention to environmental and social issues, as well as decent shareholder returns. The reforms are ongoing …
Continue reading “Corporate governance in Japan: recent developments”
Traditional banks have been the key players of the finance industry in Japan. In recent years, however, fintech companies, on the back of venture capitalists and lighter licensing burdens, have been increasingly active in certain aspects of finance in Japan. This has resulted in pressure on traditional banks to provide fintech services, whether by themselves …
Continue reading “Recent developments in fintech-related banking regulations in Japan”