Department profile
Nishimura & Asahi

Capital Markets: Domestic: Securitisation & Derivatives

Asia-Pacific Guide 2026 : Japan


Nishimura & Asahi

Rankings

About

Provided by Nishimura & Asahi

  • We assist our clients with all aspects of capital market transactions, from debt (Euro bonds, global bonds, and samurai bonds), to equity (IPOs, follow-on offerings, and PIPEs), hybrid securities (convertible bonds and subordinated bonds), and J-REITs.
  • We handle securitization in all asset classes, fields, and structures, including domestic and cross-border transactions. In addition to handling individual transactions, we advise government officials on the introduction of new securitization rules and statutes, and participate in market education and public education in connection with the development and facilitation of securitization.
  • We provide a wide range of legal services relating to derivatives transactions, for example, advising on documentation, business conduct rules, dispute resolution, margin regulations, capital regulations, mandatory clearing, electronic trading platforms (ETP), and trade depository. Our team draws on state-of-the-art knowledge, extensive experience, and creativity to offer detailed advice with the highest level of professionalism.
  • Our lawyers serve as members of several Japanese government councils and other public organizations in the capital markets field.
  • In March 2022 we published “Securitization of Assets and Receivables (shisan-saiken no ryudouka-shoukenka), 4th Ed.,” a general manual on securitization law and practice in Japan.

Chambers Review

Provided by Chambers

Capital Markets: Domestic: Securitisation & Derivatives - Japan

Band 1

Band 1


What the Team is Known For

Nishimura & Asahi has a greatly accomplished team providing the full spectrum of debt and equity services, as well as giving strong advice on hybrid products such as convertible bonds. The firm possesses a wide-ranging set of capabilities on REIT offerings. It is also respected for its deep understanding of securitisation deals involving asset-backed securities and receivables. The team represents a range of clients, including trustors, arrangers and originators, as well as public financial institutions with regard to securitisation.

Work Highlights

Provided by Chambers

  • Nishimura & Asahi advised JX Advanced Metals on its IPO on the Tokyo Stock Exchange.

  • Nishimura & Asahi advised SMBC Nikko Securities as arranger for a financing transaction in which Rakuten Mobile raised JPY170 billion for the sale and leaseback of a portion of its mobile network assets.

Strengths

Provided by Chambers

  • N&A can provide advice that is not formulaic but is based on the client's perspective.

    Capital Markets: Domestic: Securitisation & Derivatives respondentAsia-Pacific
  • They have a high level of expertise and insight into the special field of securitisation, so they have a very high level of understanding.

    Capital Markets: Domestic: Securitisation & Derivatives respondentAsia-Pacific

Notable Practitioners

Provided by Chambers

  • Band 1Kohei Koikawa
    Band 1Kohei Koikawa

    Kohei Koikawa

    Kohei Koikawa remains a go-to counsel for capital markets deals and is extremely proficient in both debt and equity offerings, as well as REITs.

    • Kohei Koikawa offers high-quality services backed by his extensive experience and proven track record.

      Capital Markets: Domestic: Securitisation & Derivatives respondentAsia-Pacific
    • He has a wide range of knowledge and provides accurate advice.

      Capital Markets: Domestic: Securitisation & Derivatives respondentAsia-Pacific
  • Band 2Naoya Ariyoshi
    Band 2Naoya Ariyoshi

    Naoya Ariyoshi

    Naoya Ariyoshi receives praise from sources for his widespread activity in the securitisation field, as well as his knowledge of derivatives, such as credit default swaps.
    • He is the first to consult with when it comes to highly novel and complex transactions.

      Capital Markets: Domestic: Securitisation & Derivatives respondentAsia-Pacific
    • A well-known lawyer in the market who provides quality responses.

      Capital Markets: Domestic: Securitisation & Derivatives respondentAsia-Pacific
  • Band 4Kentaro Sugimoto
    Band 4Kentaro Sugimoto

    Kentaro Sugimoto

    Kentaro Sugimoto is a well-regarded lawyer for capital markets, active in a diverse range of debt issuances and global equity offerings. His recent activity includes advising several major Japanese clients in their capacity as issuers.

Ranked Individuals at Nishimura & Asahi (3)

Japan

Members

Provided by Nishimura & Asahi

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