June 8, 2016
Japan Fair Trade Comission
For the purpose of ensuring the transparency of reviews undertaken by the Japan Fair Trade Commission (hereinafter referred to as JFTC ) on business combination cases, and for the purpose of improving the predictability of the JFTC s reviews on cases, the JFTC has published Guidelines to Application of the Antimonopoly Act concerning Review of Business Combination (May 31, 2004, JFTC. Hereinafter referred to as the Business Combination Guidelines ) in applying the Antimonopoly Act (hereinafter referred to as the AMA ) to the JFTC s reviews on business combinations. In addition, the JFTC has also published the results of the reviews of major business combination cases each fiscal year.
This year, the JFTC also publishes the results of reviews of major business combinations in fiscal year 2015 and provides the data associated with these reviews.
The JFTC sincerely hopes that companies planning business combinations will make use of the published outcomes of the JFTC s reviews of major business combination cases, as well as the Business Combination Guidelines.
*Every announcement is tentative translation. Please refer to the original text written in Japanese.