Honda Motor Co., Ltd. - Strategic alliance and investment in CATL
Leading Japanese law firm Nishimura & Asahi advised Honda Motor Co., Ltd. [TSE: 7267 and NYSE: HMC] on its comprehensive strategic alliance with and investment in Chinese battery maker Contemporary Amperex Technology Co., Ltd., (CATL) [SZSE: 300750], with the aim of jointly developing electric vehicle batteries and conducting R&D into next-generation fundamental technologies.
The Nishimura & Asahi team advising Honda was led by partners Yuki Oi and Azusa Nakashima and counsels Kazuya Oishi and Toshihito Yasaki.
Having many years of experience in Chinese business, she is well versed in Chinese legislation and practice. She is skilled at providing realistic risk assessments and balanced solutions based on local legal systems and operational practices, while understanding client needs. She can provide wide-ranging support for Chinese investments by Japanese companies, M&As, general corporate law, compliance, labor law and international transactions in China, leveraging an accurate understanding of the Chinese legislation and a sense of local practice. In addition to being involved in numerous acquisitions and joint ventures in China with Japanese companies as clients, M&A transactions of Chinese affiliates due to the restructuring of Japanese companies, and designing transaction schemes for target companies (operating companies) after M&A transactions, she also supports on-site surveys for fraud investigations at Chinese subsidiaries.
He became registered as a lawyer in 2003 and since then has been engaged in providing expert legal advice to clients on a wide variety of M&A and corporate legal affairs. From 2008 to 2010, he studied Chinese law at Beijing University School of Law, where he obtained a master's degree in law. Also he obtained valuable legal experience through working at Zhong Lun Law Firm in Beijing. From October 2011 to December 2018, he worked in China at N&A’s Beijing office, where he handled a broad range of China-related projects, including investment projects and M&A deals in China. After returning to Tokyo in 2019, he continued to be involved in Chinese deals, and he currently handles M&A, investment, general corporate legal affairs, and cross-border projects related to China as well as other countries/regions. Language: Business level in both English and Chinese.
Toshihito (Toshi) is a member of our corporate and M&A practice groups. He advises corporate clients, both Japanese and non-Japanese, on domestic and cross-border corporate transactions involving various industries and deal structures, including stock and asset acquisitions, mergers, corporate splits, group reorganizations, joint ventures, and strategic alliances. He has extensive experience in representing international clients in their investments into Japan and their ongoing general commercial transactions, as well as assisting Japanese clients with their investments and business expansions into Asia, Europe, the U.S., and other parts of the world, working closely with local counsel. He has a wealth of international experience, including living in the U.K. for seven years and three years in the U.S. Toshi also has expertise in providing strategic advice on other general corporate matters, including corporate governance, compliance, commercial contracts/transactions, and commercial disputes.
Yuki Oi is a partner in our M&A/Corporate practice group. He advises domestic and international corporations and financial institutions on their cross-border and domestic M&A transactions. He also handles corporate governance matters and general corporate issues, as well as corporate crisis management matters and commercial litigation.
Some of the major cases he has advised on include representing UFJ Holdings on its integration with Mitsubishi Tokyo Financial Group (2006), Bulldog Sauce on its famous defense against a hostile takeover attempt initiated by Steel Partners (2007), the Osaka Securities Exchange on its integration with the Tokyo Stock Exchange (2011), Idemitsu Kosan on its integration with Showa Shell Sekiyu (2015-19), Toshiba on its divestiture of Toshiba Memory Corporation (2018), and Honda on its strategic alliance with Sony Group in mobility sector (2022).
He was awarded the Young Lawyer of the Year Award at the ALB Japan Law Awards 2019, and the Innovative Practitioners Award at the FT Innovative Lawyers Awards Asia-Pacific 2020. He was also selected as one of Asia’s top 40 lawyers under 40 by Asian Legal Business in 2017.
He has also served as a lecturer at the University of Tokyo, Faculty of Law (2012-13), and Graduate Schools for Law and Politics (2014-present).