Department profile
Nagashima Ohno & Tsunematsu

Capital Markets: Domestic: J-REITs

Asia-Pacific Guide 2026 : Japan


Nagashima Ohno & Tsunematsu

Rankings

About

Provided by Nagashima Ohno & Tsunematsu

We handle a broad and diverse range of transactions related to capital markets, such as procuring funds through the issuance of equity shares and bonds of corporations, investment securities of investment corporations and other securities, and the listing of such instruments in the stock exchanges of Japan and other countries. We have an abundance of experience in procuring large-scale funds for Japanese and foreign corporations, financial institutions, governments, government related entities, REITs (Real Estate Investment Trusts) and other funds.

We have extensive experience dealing with a wide variety of Securitization and Derivative structures in Japanese and cross-border transactions, including, in addition to the traditional methods of securitization and liquidation, covered bonds, securitization using declaration of trusts, credit linked securities, project bonds, security trusts, WBS (Whole Business Securitization), CMBS (Commercial Mortgage Backed Securities), CDO (Collateralized Debt Obligations), BIS Finance (dealing with financial institutions capital adequacy requirements under the Basel Accord, including schemes reducing the risk-weighted assets of financial institutions using securitization methods) and others transactions involving derivatives, class stocks and equity warrants and others.

For more details, please visit our website:

https://www.nagashima.com/en/practices/capital_markets/

Chambers Review

Provided by Chambers

Capital Markets: Domestic: J-REITs - Japan


What the Team is Known For

Nagashima Ohno & Tsunematsu maintains its leading reputation for advising on large-cap debt issuances and is frequently relied upon by domestic issuers in innovative transactions, including convertible, green and blockchain bonds. The firm also has a noteworthy share of equity capital markets deals, including global IPOs. It is very highly regarded for its complex work in the securitisation space, including revenue and covered bond issuances, and wins praise for its work acting for listed J-REITs in public offerings and Japanese offerings by foreign issuers.

Work Highlights

Provided by Chambers

  • Nagashima Ohno & Tsunematsu advised Tokyo Metro and its selling shareholders, the Minister of Finance and Tokyo Metropolitan Government, on the global offering of Tokyo Metro common stock and its listing on the Prime Market of the Tokyo Stock Exchange.

Strengths

Provided by Chambers

  • They take the time to grasp not just the legal aspects, but also the commercial drivers, which allows them to provide advice that is both technically sound and strategically relevant.

    Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • They always put themselves in the customer's shoes and never neglect to suggest risk factors. Their quality is so high that you never feel the need for a second opinion.

    Capital Markets: Domestic: J-REITs respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Senior StatespeopleMiyuki Ishiguro
    Senior StatespeopleMiyuki Ishiguro

    Miyuki Ishiguro

    Miyuki Ishiguro is highly reputed for the depth of her experience in the capital markets arena. She brings significant transactional know-how to bear on a range of domestic and global offerings.

  • Eminent PractitionersFumihide Sugimoto
    Eminent PractitionersFumihide Sugimoto

    Fumihide Sugimoto

    Fumihide Sugimoto is a senior figure in the firm's capital markets team and a skilled adviser to issuers and underwriters of debt issuances.
    • He is not only technically very strong but also practical.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 1Masatsura Kadota
    Band 1Masatsura Kadota

    Masatsura Kadota

    Masatsura Kadota is a well-known practitioner in the J-REITs market, frequently representing domestic and international clients in global public offerings. He also handles equity and debt capital markets deals.

    • He has deep knowledge in the area of capital markets in Japan.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
    • I felt very safe because he has a wealth of experience.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 1Shinichi Araki
    Band 1Shinichi Araki

    Shinichi Araki

    Shinichi Araki is a leading capital markets practitioner who is often instructed on debt issuances and international equity offerings. He is sought after for his experience advising on a wide range of global offerings.
    • Shinichi Araki has a good grasp of the actual situation and the strengths and weaknesses, and provides reliable and very accurate advice that is not limited to general legal opinions.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
    • He has a very high level of knowledge and is very reliable. He can provide advice and solutions from a broad capital markets perspective.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 2Atsushi Yamashita
    Band 2Atsushi Yamashita

    Atsushi Yamashita

    Atsushi Yamashita regularly represents large financial institutions in the area of equity and debt securities offerings.

    • His work quality is excellent, and he provides us with thorough and complete legal analysis, taking into account practical considerations.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 2Motohiro Yanagawa
    Band 2Motohiro Yanagawa

    Motohiro Yanagawa

    Motohiro Yanagawa is highly regarded for his busy practice in the securitisation space and is well versed in handling structured finance work.

    • He not only provides high-quality, speedy responses but also grasps our needs and proactively offers options and schemes.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
    • He is very quick, very responsive and practical with his advice.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 2Satoshi Inoue
    Band 2Satoshi Inoue

    Satoshi Inoue

    Satoshi Inoue oversees the team's work on securitisation and structured finance deals. He has extensive experience advising domestic and international clients on structuring and financial transactions.

  • Band 2Takashi Itokawa
    Band 2Takashi Itokawa

    Takashi Itokawa

    Takashi Itokawa is a recognised expert in the J-REIT market. He is adept at assisting domestic issuers with global offerings to domestic and international investors. He also handles the M&A of investment funds.

    • He has a wealth of knowledge.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
    • He is responsive and easy to get hold of. Also, he can respond to unknown matters without taking a long time.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 3Yuichi Miyashita
    Band 3Yuichi Miyashita

    Yuichi Miyashita

    Yuichi Miyashita is active in capital markets transactions and regularly advises on significant IPOs and security token offerings. He wins praise from sources for his customer-centric approach to matters.

    • He clearly points out legal issues and proposes practical solutions. He is highly accessible and responsive to our inquiries and has many years of practical experience.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
    • He is extremely reliable in handling practical matters in capital markets.

      Capital Markets: Domestic: J-REITs respondentAsia-Pacific
  • Band 4Motoki Saito
    Band 4Motoki Saito

    Motoki Saito

    Motoki Saito is recognised for working alongside underwriters and issuers on global IPOs and secondary offerings.

Ranked Individuals at Nagashima Ohno & Tsunematsu (11)

Japan

Members

Provided by Nagashima Ohno & Tsunematsu

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