Japan won’t allow English for foreign investment screening

New 1% threshold expected to cause headaches for overseas investors

20200311N nuclear plant

Nuclear reactors and storage tanks at the Fukushima Daiichi power plant: Nuclear power is one sector subject to the new 1% rule. © Reuters

MARIKO KODAKI, Nikkei staff writer

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.

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