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Legal Considerations in Financing Japanese Aquaculture (Part 1)

In December of 2020, Japan’s Fisheries Act saw enactment of its first major revision in over 70 years (the “Revised Fisheries Act”), including a relaxation of restrictions concerning who can participate in commercial fishing and aquaculture activities. Correspondingly, there has been a flood of aquaculture project reports,  with the majority focused on the land-based production of fish. The timing is apt, as the catch volume and number of “natural” fishery employees continue to decline. The Revised Fisheries Act seeks to ...To read the full article, please see the PDF file

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Finance Law Newsletter (April 27, 2021) Download PDF [935 KB]

Authors

杉山 泰成

Yasunari Sugiyama is a partner in the firm's Asset Finance Group and Agri-Food Practice Group. In the finance area, his major and unique areas include financing of movables (lease, installment purchase and secured loan), supports for overseas expansion by financial institutions, acquisition finance and domestic and cross-border real estate transactions. In particular, he has extensive experience in proposing and implementing business plans and schemes available for each target jurisdiction taking into consideration the specific civil and commercial laws and financial regulations regarding the movables and real estates in Asian, European and North and South American countries and their entity-based and geographical applicability and coverage in terms of the overseas expansion of Japanese financial institutions. Further, in the agri-food area, he aims to provide legal services for the purposes of the introduction of smart agriculture, business expansion and diversification of financing sources, development and scaling of new business such as solar-sharing and onland aquaculture business, in each case while organizing the various laws and regulations applicable to each process of value chains of the agricultural, forestry and fishery business.