Foreign Investment & National Security
Japan’s FEFTA bill points to a CFIUS-style review culture
Anderson Mori & Tomotsune’s update on Japan’s FEFTA amendment bill highlights a proposed investment-screening committee co-chaired by the Ministry of Finance and National Security Secretariat, with operations expected from July 2026.
BY GEOPOLITICS DESK · MAY 21, 2026 · 1 MIN READ
Anderson Mori & Tomotsune’s update on Japan’s FEFTA amendment bill highlights a proposed investment-screening committee co-chaired by the Ministry of Finance and National Security Secretariat, with operations expected from July 2026. The bill would codify mitigation measures, regulate indirect acquisitions and create post-incident powers with a five-year retroactive period, making Japan a more active national-security deal jurisdiction.