Society

Japan to update English translations of business laws by FY2022

Aug 04 (Nikkei) - The Ministry of Justice will update the English translations of Japan's business-related laws and regulations.

The full-scale revision, planned to be completed by the end of the fiscal year 2022, is aimed at encouraging foreign investment. It will cover about 770 laws and regulations in which English translations have been made public, such as the Companies Act, the Regulation for Enforcement of the Insurance Business Act and the Cabinet Office Order on Disclosure of Corporate Affairs.

Some 300 as of yet untranslated laws and regulations will be given English versions as well. They include the amendment of the Foreign Exchange and Foreign Trade Act, which aims to enhance economic security by determining what foreign investment in sensitive industries is appropriate.

The ministry began releasing English translations of Japanese laws and regulations on its website in 2009. But it is launching the first wide scale revision because past versions include expressions deviating from its translation rules updated in 2019.

For example, the Japanese word for "arbitration" that was translated as "conciliation" will be changed to "mediation." As international arbitration is increasing for the settling of cross-border business disputes, "we will adopt the latter translation which is internationally used more frequently," said a ministry official.

Translations made public by the government can affect legal interpretations in international mediation. As there are many clauses in laws such as the Companies Act, it will require considerable time for the work to be processed carefully for the sake of overall consistency.

The ministry has set up a task force that includes experts, such as law school professors and executives from stock brokerage companies. The team will make a list of priorities for the translation.

The ministry will consider using artificial intelligence in translating the laws as well as collaborating with the private sector and universities. The ministry will also make a summary a few pages in length of the laws to aid the understanding of foreign investors.

English translations of around 200 laws and regulations were available in 2009, meaning they have nearly quadrupled over the past decade. The average number of accesses to the ministry's website where the translated laws are posted increased to 102,000 per day in 2019 from 62,000 in 2013.

Typhoon No. 24 (Fung-shen) Moves Toward Vietnam, Heavy Rain Forecast For Japan

Typhoon No. 24 (Fung-shen) is strengthening over the South China Sea and is expected to make landfall in Vietnam later this week, according to forecasts. Satellite images on October 20th show extensive cloud coverage over the central South China Sea. After passing over the Philippines, Fung-shen temporarily weakened but is projected to intensify again as it continues westward through Tuesday.

Real-Life Water Police: Protecting Tokyo’s Seas and Rivers

Tokyo’s seas and rivers, once considered lawless backwaters beyond the reach of regular policing, are now under constant watch by a dedicated force known as the “water police,” specialists who patrol the capital’s waterways, chase down smugglers, stop reckless jet ski riders, and carry out dramatic rescue missions to save lives.

Tourist Graffiti Threatens Kyoto’s Iconic Bamboo Forest

Kyoto’s world-famous Arashiyama district, a popular destination for both domestic and international tourists, is facing a growing problem of graffiti etched into the bamboo along its iconic “Bamboo Grove Path,” with more than 350 stalks now damaged — a practice that experts warn could eventually cause bamboo to weaken, fall, and even injure visitors.

Japanese Streaming Services Struggle Against Netflix

Japan’s streaming industry is under growing pressure as foreign giants tighten their grip on the domestic market, with Netflix’s latest move to secure exclusive broadcast rights in Japan for every game of the World Baseball Classic next March highlighting the widening gap.

Japan Tightens Rules on Foreign Business Visas

Investigators from the Immigration Services Agency conducted on-site inspections in Osaka on October 14th amid a surge in so-called 'paper companies' created by foreign nationals seeking residency.

MEDIA CHANNELS

MORE Society NEWS

Mako Komuro Appears in Six-Page Town & Country Feature

The October issue of the long-established American lifestyle magazine Town & Country features Mako Komuro, the eldest daughter of the Akishino family, on the cover under the headline "Princess Ingognito," dedicating a six-page spread to Komuro and her husband Kei, exploring their life in the United States.