Japan’s Financial Services Agency (FSA) and the Ministry of Health, Labour and Welfare have updated the Guidelines for Matters to be Noted by Companies, etc. When Conducting Business Transfers or Mergers, adding new content on procedures involving corporate value security interests, including items to be carried out by trustees during enforcement. The revisions follow supplementary resolutions adopted by the House of Representatives and House of Councillors finance committees during deliberations on the bill for the Act on the Promotion of Business Financing, etc., and were reflected through amendments to the guidelines by the Ministry of Health, Labour and Welfare’s Labour Policy Council Labour Conditions Subcommittee. To support implementation, the two authorities issued explanatory leaflets for business owners and trustees and for workers, and the FSA also made related updates to its guidance on matters to be noted regarding the Act on the Promotion of Business Financing, including additions under an “Example of Terminology” section.
Japan Financial Services Agency 2026-01-20
Japan Financial Services Agency and Ministry of Health, Labour and Welfare amend business transfer and merger guidelines to add trustee steps for corporate value security interest enforcement
Japan's Financial Services Agency and the Ministry of Health, Labour and Welfare have updated guidelines on business transfers and mergers, incorporating procedures for corporate value security interests. These revisions, following legislative resolutions, include explanatory leaflets and updates to the FSA's guidance on the Act on the Promotion of Business Financing.