International Business Transaction
The internationalization of business is no longer limited to large multinational companies. Advances in technology and logistics, along with easier access to global markets, have significantly increased opportunities for small and mid-sized companies and startups to engage in transactions with Japanese companies and to enter the Japanese market. International transactions involving Japan take many forms, including the import and export of goods and services, outsourcing arrangements, agency and distribution agreements, technology collaborations, licensing agreements, and joint ventures. As these transactions become more diverse, the associated legal risks have grown increasingly complex.
Contracts with Japanese companies differ from Western contracts in several legal and commercial aspects. Japanese contracts are often more concise than their Western counterparts. However, this does not mean that matters not expressly addressed in the contract have no legal effect. Under Japanese law, rights and obligations are typically implied by statute and case law. As a result, assuming that “what is not stated does not apply” may expose foreign companies to unexpected legal risks. Conversely, certain provisions that are commonly used in Western contracts such as punitive damages clauses may have no legal effect under Japanese law, even if they are expressly included in the contract and an independent tort is committed in a contractual setting. Entering into contracts without fully understanding these distinctions may result in liabilities and risks that foreign companies did not anticipate.
Our firm primarily represents foreign companies engaging in transactions with Japanese counterparties. We provide legal services including the drafting and review of contracts such as non-disclosure agreements, sales and purchase agreements, distribution and agency agreements, and license agreements, as well as support for the management and resolution of disputes arising from international transactions.
Our principal attorney has developed advanced expertise in international commercial contracts through academic study in the United States and practical experience as a licensed attorney in both Japan and California. In addition, he has built a global network of law firms across China, South Korea, Europe, South America, and other regions, enabling coordinated legal support for matters spanning multiple jurisdictions, including Japan.
While international transactions with Japan present significant growth opportunities for foreign companies, they also involve legal and practical risks. Our firm is committed to supporting foreign businesses by providing practical, business-oriented legal services that enable transactions with Japanese companies to proceed smoothly and securely.
If you have any questions or concerns regarding international transactions involving Japan, please feel free to contact us.