What is an Internal Control System? Obligations Under the Japanese Companies Act and Financial Instruments and Exchange Act, and the Responsibilities of Directors | MONOLITH LAW OFFICE | Tokyo, Japan

General Corporate

What is an Internal Control System? Obligations Under the Japanese Companies Act and Financial Instruments and Exchange Act, and the Responsibilities of Directors — 2023.09.22
What is an Internal Control System? Obligations Under the Japanese Companies Act and Financial I.
An internal control system refers to the mechanisms within a company designed to prevent illegal activities and information leaks. The internal con...
General Corporate

Explaining the Points to Note in SES Contracts: What are the Keys to Preventing Trouble? — 2023.09.22
Explaining the Points to Note in SES Contracts: What are the Keys to Preventing Trouble?
Engineers are in high demand due to their specialized skills, making it challenging to secure such talent.Therefore, the conclusion of SES contract...
General Corporate

What is a 'Utility Model Patent'? Explanation of the Differences from 'Patent Rights' in Japan — 2023.09.22
What is a 'Utility Model Patent'? Explanation of the Differences from 'Patent Rights' in Japan
"Plastic bottle caps", "futon beaters", and "inkless seals (commonly known as: Shachihata)"... What these three have in common is that they are leg...
General Corporate

How are 'Pharmaceuticals','Quasi-Drugs' and 'Cosmetics' Distinguished in Japan? — 2023.09.01
How are 'Pharmaceuticals','Quasi-Drugs' and 'Cosmetics' Distinguished in Japan?
The Pharmaceutical and Medical Device Act, officially known as the "Act on Securing Quality, Efficacy and Safety of Products Including Pharmaceutic...
General Corporate

What is Fundraising through Stock Acquisition Rights in Seed Investment by J-KISS (Japanese KISS) — 2023.08.25
What is Fundraising through Stock Acquisition Rights in Seed Investment by J-KISS (Japanese KISS.
For startups that require substantial initial costs such as system development, the ability to raise funds can greatly influence the company's futu...
General Corporate

Selling Food Products on Online Stores: An Explanation of the Japanese Food Sanitation Law — 2023.08.25
Selling Food Products on Online Stores: An Explanation of the Japanese Food Sanitation Law
Online shopping has now become a familiar part of our lives. While anyone can easily set up an online shop, there are various laws involved in oper...
General Corporate

What is the Relationship Between the Shareholding Ratio and Shareholder Rights? — 2023.08.25
What is the Relationship Between the Shareholding Ratio and Shareholder Rights?
In investment contracts, such as those with venture capitalists (VCs), there may be provisions regarding the number of shares issued when the inves...
General Corporate

Enabling Virtual-Only Shareholders Meetings: Explaining the New System of 'Shareholders Meetings Without a Specified Location' — 2023.08.25
Enabling Virtual-Only Shareholders Meetings: Explaining the New System of 'Shareholders Meetings.
In recent years, it has become difficult to hold traditional shareholder meetings that gather shareholders in a large venue. As a result, many comp...
General Corporate

Legal Considerations for Operating an eSports School — 2023.08.25
Legal Considerations for Operating an eSports School
Recently, opportunities to see e-sports on television and other media have been increasing.Originally popular in Western countries and China, e-spo...
General Corporate

What is the Prize Money Limit in eSports Tournaments? — 2023.08.25
What is the Prize Money Limit in eSports Tournaments?
"eSports" is an abbreviation for "Electronic Sports". Broadly speaking, it refers to any form of entertainment, competition, or sport that utilizes...
General Corporate

What are the Key Points to Check When Entering into a Data Provision Agreement? — 2023.08.25
What are the Key Points to Check When Entering into a Data Provision Agreement?
With the advancement of AI technology, there has been an increase in data provision transactions. In such cases, it is necessary to conclude a data...
General Corporate

What are the Legal Regulations for Advertising Supplements? — 2023.08.25
What are the Legal Regulations for Advertising Supplements?
Supplements, while not medicines, are considered health foods. However, from the consumer's perspective, they are not simply ordinary foods consume...
General Corporate

What Companies Should Disclose in the Event of a Data Breach? — 2023.08.25
What Companies Should Disclose in the Event of a Data Breach?
When a data breach occurs, there may be cases where administrative responses such as reporting are necessary, depending on the situation. In additi...
General Corporate

Regulation of Cosmetic Advertising Expressions on LPs and Other E-commerce Sites — 2023.08.25
Regulation of Cosmetic Advertising Expressions on LPs and Other E-commerce Sites
When advertising cosmetics, in order to encourage more customers to purchase a variety of products, it is necessary to widely disseminate the posit...
General Corporate

Key Points to Consider in Contract Documents for App M&A — 2023.08.25
Key Points to Consider in Contract Documents for App M&A
In recent years, there has been an increase in the sale and acquisition of apps through M&A. When it comes to app M&A, the acquisition of I...
General Corporate

Options for M&A Structure in Smartphone App Acquisitions — 2023.08.25
Options for M&A Structure in Smartphone App Acquisitions
Every business owner has likely considered the idea of "acquiring" some aspect of another company's business. The term "acquisition" may sound gran...
General Corporate