US IRS’s request may motivate Japanese government to increase value of Japanese patents
Tax payment

Reportedly, US authorities are pressing Japanese companies to pay taxes on profit from intellectual properties such as data and brand value gained in America.  US pushes Japan Inc. to pay taxes on IP profit from America When the idea of such market approach is advanced, patent may also likely become part of the discussion before […]

Japan’s enhanced personal data protection results in providing individuals with the right to sell their data
Personal data protection

In response to the global trends, the Japanese government announced a policy to strengthen the personal data protection on April 25 2019. It will enhance the right for individuals to demand companies to stop using their personal information. Under the current law, individuals can demand it, only if such data has been fraudulently acquired or used for […]

Japan to consider regulating GAFA under the secrecy of communication

The previous article covered a failure of legislation for piracy website blocking due to legal considerations of constitutionally guaranteed secrecy of communication. Now the secrecy of communication is likely to apply to foreign platform providers, especially to big tech companies called GAFA (Google, Amazon, Facebook and Apple), according to a draft document distributed in an advisory committee […]

Japanese trust bank to launch personal data brokerage business

How much would you sell your personal data? Japan has been considering building a data market to assist companies create new services, as previously reported. The first application in such a data market would be the personal data exchange. Mitsubishi UFJ Trust and Banking Corporation (MUTB), the second largest in trust business in Japan, announced that […]