The Interim Proposal for Amendment to the Companies Act of Japan (the Proposal) was published in December 2011 and was subsequently submitted for public comments to be made by the end of January 2012.  The Companies Act Division of the Council of Legislation (Ministry of Justice), which is in charge of amending the Companies Act of Japan will then resume discussions with the aim of producing a final summary of the amendments.

This Briefing Note explains the major issues set out in the Proposal and the direction of discussions to date.
 

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