JACCS Co., Ltd. - Capital and Business Alliance With MUFG Bank, Ltd.
Nishimura & Asahi advised JACCS Co., Ltd. [TSE: 8584], a provider of consumer credit services, on its capital and business alliance with MUFG Bank, Ltd., a consolidated subsidiary of Mitsubishi UFJ Financial Group Inc. [TSE: 8306]. We also advised on the issuance of new shares through third-party allotment to MUFG Bank Ltd.
The team led by Tokyo partners Yusuke Yoshimoto and Yamato Nozawa, supported by Takahiro Yokota.
People
Yamato’s practice area covers various M&A transactions, including cross-border M&A deals for stock consideration; shareholder activism; corporate governance, including officers’ remuneration and management of subsidiaries; disclosure; guidance for shareholders meetings, including virtual shareholder meetings; securities litigation; preparation of legal opinions; and development of new structures for share-buybacks using trusts. Yamato also worked at the Ministry of Justice of Japan for two years and mainly engaged in the reform of the Companies Act. Yamato is also known for his expertise in the latest trends in revision of corporate legislation, including the Companies Act and the Financial Instruments and Exchange Act, by maximizing his experience working at the Ministry of Justice of Japan. Yamato has continued to work diligently on writing articles and delivering lectures with respect to corporate legislation and has shared his expertise with our potential clients in a clear, straightforward manner.
He has extensive experience handling complex transactions, such as global IPOs and follow-on offerings, private investments in public companies (PIPEs), convertible bonds offerings, debt offerings, and other transactions of class shares, warrants, convertible bonds, and bonds. His involvement in numerous high-profile IPO projects, together with his secondment to the IPO division at Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., has strengthened his practical expertise and capabilities in Japanese IPOs.
He advises clients regarding financial regulations, including disclosure requirements under the Financial Instruments and Exchange Act, Tokyo Stock Exchange rules, and insider trading regulations. He also has experience in a broad range of cross-border matters, including both inbound and outbound transactions.
He was seconded to Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (IPO Division) from 2019 to 2021 and worked as an international associate at Simpson Thacher & Bartlett LLP’s New York office from 2022 to 2023. He graduated from New York University School of Law (LL.M. in Corporation Law), Waseda Law School (J.D.), and Tokyo Metropolitan University (LL.B.).
He is admitted to practice in Japan and is a qualified lawyer in New York.
Mr. Yoshimoto has been engaging in general corporate legal affairs in Indonesia and other emerging countries for nearly 10 years. He was seconded to the legal and compliance departments of both the headquarters and U.S. regional headquarters of a major Japanese general trading company, as well as to one of the largest law firms in Indonesia. During his secondment at the Indonesian law firm, he was involved in a wide variety of matters, including M&A, finance, litigation, criminal matters, and insolvency proceedings. As a key member of the Indonesian Practice Team, he was able to develop a strong network of Indonesian lawyers, which he has been able to utilize, to handle cases efficiently and flexibly with due consideration to local customs and practices. He has also been involved in many M&A and crisis management cases in other ASEAN countries, such as the Philippines and Cambodia, as well as other emerging countries, such as Bangladesh and Brazil, during which he was able to draw upon his experience from his secondment to the trading company to the clients’ benefit.