Nishimura & Asahi

Japan

Analysis

Overview

Nishimura & Asahi is established as a top-tier law firm in the countryIt boasts highly reputed teams providing the full spectrum of transactions as well as complex litigation and arbitration workWith over 700 Japanese and foreign lawyers, the firm is frequently instructed by the biggest household-name corporations in Japan, and by foreign conglomerates across the financial services, automotive, technology, pharmaceuticals, and manufacturing sectorsNishimura & Asahi is also a firm with significant global connections that enable it to provide the utmost quality when it comes to matters of law. The firm’s main figures include Kohei Koikawa for capital markets, Kozo Kawai for competition, Yoshinobu Fujimoto for corporate and M&A, and Hiroyuki Tezuka for dispute resolution.

Intellectual property

Work highlights 

Defended Amazon Services International against a lawsuit alleging that the client’s failure to distribute the plaintiff’s content constitutes a tort and breach of contract. 

Advised Takeda on the sale of its subsidiary, Takeda Consumer Healthcare, to an acquisition company controlled by funds managed by The Blackstone Group and its affiliates for $2.3 billion. 

Dispute resolution

Work highlights 

Represented a major Japanese company in the arbitration, involving claims for payment totalling $7.3 billion relating to a joint venture between Japanese companies to engage in power plant construction projects.

Restructuring and insolvency

Work highlights 

Represented a shipbuilding company, Yamanishi, in filing for corporate reorganisation protectionThe Yamanishi case is currently the only corporate reorganisation filed in Japan in 2020 with total debt in excess of $117 million 

Key clients 

Garrett Motion, Pepper Food Service, Toyota Industries Corporation 

Corporate and M&A

Work highlights 

Advised NTT DoCoMo in its acquisition by NTT, one of the three largest global deals in 2020. 

Key clients 

Itochu Corporation, Showa DenkoTakeda Pharmaceutical 

Capital markets

Work highlights 

Advised Takeda on its issuance of unsecured senior notes, denominated in US dollars and in Euros, and issued in multiple tranches 

advised Japan Finance Corporation, the deal coordinator, on a transaction where fourteen Japanese regional financial institutions that extend various loans to small and medium-sized enterprises transferred the credit risk of the loans to investors by way of credit default swap transactions. 

Key clients 

Maruwa Unyu KikanOrient CorporationSBI Holdings, SMBC Nikko Securities, Sosei Group Corporation 

Competition/antitrust

Work highlights 

Advised on a complex business integration and a capital and business alliance among Japan’s leading sugar manufacturersMitsui Sugar and Dai-Nippon Meiji Sugar. 

Advised Nippon Paper Crecia on its business alliance with Try-Fu. 

Key clients 

Honda MotorMaxim Integrated Products, Mitsubishi Heavy Industries, Seven & I Holdings 

Banking and finance

Work highlights 

Advised on financing for Japanese chemical products manufacturer Showa Denko’s tender offer to acquire Hitachi Chemical. 

Key clients 

Garrett Motion, Integral CorporationMizuho Bank, MUFG, NAVER, Shinsei Bank