Japan cabinet approves tighter rules on investment from abroad

Plan heads for Diet with exemptions for asset managers and block trades

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Under the new rules, overseas investors would need approval to buy stakes of 1% or more in Japanese companies in certain sectors. © Reuters

Nikkei staff writers

TOKYO -- Japan's cabinet has signed off on tougher controls on investments in companies involved in strategically sensitive industries, aiming to prevent leaks of advanced technology but rankling international investors in the process.

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