Trends in Japan in the field of business succession and inheritance and the firm's approach

The overwhelming majority of companies in Japan are small and medium-sized enterprises (SMEs), which form the backbone of the Japanese economy. In recent years, with the ageing of business owners, there has been no end to the number of companies that have gone out of business or gone bankrupt because they were unable to take over their business. In cooperation with a number of tax accountant firms and financial institutions, we are actively involved in the succession of businesses.

WE HAVE A WEALTH OF EXPERIENCE IN THE FIELD OF BUSINESS SUCCESSION, WHICH CAN BE TRANSFERRED TO M&A AND RESTRUCTURING PROJECTS.

IN ADDITION, WE HAVE EXTENSIVE EXPERIENCE OF WORKING WITH PE FUNDS ON THE BUSINESS SUCCESSION OF MEDICAL COMPANIES. IN ADDITION, WE HAVE A LOT OF EXPERIENCE IN BUSINESS TURNAROUNDS, SO WE CAN HANDLE CASES WHERE BUSINESS SUCCESSION AND BUSINESS TURNAROUNDS OVERLAP.

The firm deals with a wide range of specialised business succession and inheritance matters, such as those listed below.

However, we do not only handle the above-mentioned specialised cases, but also estate and inheritance cases handled by experienced lawyers in cooperation with tax attorneys.

1. Use of holding companies and employee share ownership plans

2.USE OF CORPORATE SPLITS, SHARE EXCHANGES AND OTHER REORGANISATION METHODS AND BUSINESS TRANSFERS IN COLLABORATION WITH PE FUNDS

3. Deferment of inheritance and gift taxes on unlisted shares

4. Concentration of dispersed shares and liquidation of nominal shares

5. Use of trusts

6. Use of class shares

7. Business succession of medical corporations

8. SUCCESSION OUTSIDE THE FAMILY (M&A, MBO)

9. Use of the special procedure for disgorgement

10. handling of ordinary estate and inheritance cases: preparation of wills, conciliation cases, litigation, etc.