IFLR1000 Reviews

Financial and corporate

Nishimura & Asahi is a “big four” Japanese law firm with 530 lawyers across 14 offices including 10 overseas. Since the establishment of the office in Singapore in 2012, the firm has expanded its team of attorneys qualified in the Philippines, Malaysia, Indonesia and Japan, including secondees from Nishimura & Asahi Japan. The firm entered a formal law alliance with Singapore practice Bayfront Law in June 2020, which allows clients access to a full spectrum of comprehensive Singaporean, Japanese and international legal services.

 

Focusses / specialisms

The firm’s Singapore team is active in the corporate and M&A area. The team also actively advises clients in banking and finance and restructuring and insolvency matters.

 

Key clients

Key clients include Mitsui Chemicals, Oki Electric Industry, Mitsubishi UFJ Financial Group, TEPCO Renewable Power, Sumitomo Mitsui Banking Corporation, Kobelco Steel and Chudenko Corporation.

 

Research period review: 33rd edition (2022/2023)  

During the research period, the M&A team was particularly active in acquisition mandates. The deals were across different sectors such as renewable energy and real estate.

 

Deal highlights: 33rd edition (2022/2023)  

Oki Electric’s acquisition of the aviation equipment business of Japan’s Yokogawa Manufacturing Corporation.

SMBC’s acquisition of an additional 15.01% shareholding in Rizal Commercial Banking Corporation.

TEPCO Renewable Power’s acquisition of shares in Vietnam Power Development Joint Stock Company.