Japan names 518 companies subject to tighter foreign ownership rules

Toyota, SoftBank and Mitsubishi Heavy on list requiring preapproval

20200508N F35A stealth fighter

The F-35A stealth fighter is among the aircraft Mitsubishi Heavy assembles in Japan. (Photo courtesy of the Japan Air Self-Defense Force)

KOSUKE TAKAMI, Nikkei staff writer

TOKYO -- Toyota Motor, SoftBank Group and more than 500 other Japanese corporations will be subject to tougher restrictions on receiving foreign investment, starting June 7, according to a list published Friday by the Ministry of Finance.

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