TOKYO -- Japan will not allow foreign investors purchasing a 1% or more stake in strategic Japanese companies to submit required prescreening documents online or in English at least for the time being, Nikkei has learned.
New 1% threshold expected to cause headaches for overseas investors

Nuclear reactors and storage tanks at the Fukushima Daiichi power plant: Nuclear power is one sector subject to the new 1% rule. © Reuters
TOKYO -- Japan will not allow foreign investors purchasing a 1% or more stake in strategic Japanese companies to submit required prescreening documents online or in English at least for the time being, Nikkei has learned.