Finance and Financial Institutions

Insurance

Anderson Mori & Tomotsune advises various international and Japan-based participants of the Japanese insurance market, including insurance companies, insurance agencies and insurance brokers, with respect to their Japanese legal issues. AMT is expert in all aspects of the Insurance Business Act and other insurance-related laws and ordinances, as well as other applicable laws in Japan including the Financial Instruments and Exchange Act, the Antimonopoly Act, the Act against Unjustifiable Premiums and Misleading Representations, the Personal Information Protection Act and the Act on Prevention of Transfer of Criminal Proceeds, and routinely draws on that knowledge and on our collective experience to help our clients overcome those issues. With the insight and perspective gained through AMT secondments to the Financial Services Agency of Japan and other financial regulatory authorities, AMT is able to provide practical advice to our clients, particularly with respect to areas such as the procurement of various licenses and approvals required for insurance business, developing insurance products, amendment of basic documents such as policy conditions, drafting and revising internal regulations, enhancement of compliance systems, enhancement of insurance solicitation management systems, handling of complaints, responding to misconduct and responding to inspections by the relevant financial regulatory authorities. In addition, AMT advises insurance companies on their transactions such as reinsurance transactions, asset management and investment (including real estate investment, minority investment, asset finance, structured finance and risk financing transactions such as derivatives transactions), taking into consideration compliance and risk management issues. AMT also advises on the solicitation of funds (kikin) by Japanese mutual insurance companies and the issuance of shares by Japanese joint-stock insurance companies (kabushiki kaisha) in addition to other means of capital raising. AMT is a one-stop legal services provider, covering matters relating to insurance business that extends to other practice areas including M&A and other organizational restructurings, formation of business alliances, bankruptcy, insolvency, taxation, and litigation and dispute resolution, with the support of specialized lawyers in the relevant practice areas of our firm. In recent years, AMT has advised on a multitude of projects to establish and advance Japanese insurance companies' business presence overseas including, among others, the acquisition of shares of insurance companies, establishment of joint-venture companies and formation of business alliances in the Asian market such as China and India, and other parts of the world.

INSIGHTS

PROFESSIONALS

Tomoki Debari
TomokiDebari
Tokyo
Partner
Tokyo

Partner

Contact
Since joining the firm in 2001, Tomoki Debari has been involved principally in the fields of insurance, banking, securities and asset management, as well as M&A projects involving insurance companies and other financial institutions. He has extensive experience representing Japanese and foreign insurance companies in various matters in Japan, including: (a) formation of branches, subsidiaries and insurance joint venture companies in Japan and applications for insurance business licenses; (b) acquisition of shares in insurance companies and/or portfolio transfers; (c) demutualization and other structural changes, including conversion of Japanese branches into subsidiaries licensed to conduct insurance business; (d) strategic alliances and mergers involving insurance companies; (e) outbound investment and/or formation of joint ventures in the U.S., Europe and Asia (including Vietnam, Turkey, Thailand and Singapore) by Japanese insurers; (f) development of new life and non-life product lines; (g) asset management (including real estate, funds and various derivative transactions); (h) reinsurance transactions and ancillary hedging transactions; (i) ongoing advice on all major issues relating to the Insurance Business Act and Insurance Contract Act; (j) litigation and alternative dispute resolution (including disputes relating to reinsurance); and (k) FSA inspections. As an additional area of specialization, Mr. Debari has also developed extensive expertise in environmental law matters. He assisted Japan's Environmental Ministry in its development of the Soil Contamination Countermeasures Act of Japan, adopted in 2002, and since then has advised clients on a wide variety of environmental issues, including: (i) development of environment impairment liability policies and environment remediation expense policies for several insurance companies; (ii) numerous real estate projects in which analysis and management of environmental risks played a key role, including sales, transfers, securitizations and M&A transactions; (iii) global studies by clients in the areas of soil, groundwater, and air contamination (including one such study for a major U.S. airline); (iv) development by clients of emergency reaction and contingency plans against soil and groundwater contamination; and (v) dispute resolution (including both litigation and alternative mechanisms) regarding environmental issues between joint venture partners, as well as with local governments and the public.
Naokuni Fukuda
NaokuniFukuda
Tokyo
Partner
Tokyo

Partner

Contact
Naokuni Fukuda  is a partner handling a wide range of general corporate projects, specializing in securities offerings and other financial transactions in domestic and international markets, insurance and other financial regulatory matters, mergers and acquisitions and corporate restructurings.
Tatsuhiko Makino
TatsuhikoMakino
Tokyo
Partner
Tokyo

Partner

Contact
Tatsuhiko Makino is a Partner in our Tokyo office focusing on cross‑border dispute resolution, with particular expertise in (re)insurance and international construction projects. He handles large, multi‑jurisdictional insurance and reinsurance disputes and transactions — including complex claim handling and reinsurance contract negotiations — while also advising on the full lifecycle of overseas construction projects, from FIDIC‑based contract drafting and bid documentation to project‑delay resolution and related disputes. Mr. Makino regularly leads settlement negotiations and arbitration proceedings, and coordinates with overseas counsel with cross‑border litigation. Fluent in English and Japanese, he conducts English‑language negotiations and hearings and adopts practical, business‑minded strategies that bridge Japanese and international corporate cultures.
Kazuyuki Wakasa
KazuyukiWakasa
Tokyo
Special Counsel
Tokyo

Special Counsel

Contact
Kazuyuki Wakasa has engaged in a lot of financial transactions such as real estate finance and project finance, and has been involved in documentation representing a wide variety of clients including banks, securities firms and asset management companies. In addition, he has much experience providing legal advice to investment departments and compliance departments of insurance companies.
Yasuyuki Kuroda
YasuyukiKuroda
Tokyo
Partner
Tokyo

Partner

Contact
Mr. Kuroda has been engaged in a broad range of matters at Anderson Mori & Tomotsune since he joined the firm in 2000. His works focus on general corporate, securities issue of domestic and international capital markets, advice regarding financial regulations and corporate litigation.
Keisuke Hatano
KeisukeHatano
Tokyo
Partner
Tokyo

Partner

Contact
Keisuke Hatano is a partner at Anderson Mori & Tomotsune. Keisuke specializes in payment and settlement-related regulations. He has also been involved in a number of significant finance transactions, including representing clients in many cross-border and domestic litigations on finance-related matters, among others. During his time at Anderson Mori & Tomotsune, he was also seconded to the Financial Services Agency of Japan (FSA), where he was an instrumental part of the team tasked with making significant amendments to the Banking Act with the aim of facilitating a pro-FinTech ecosystem and environment in Japan. Keisuke also serves as a board member of the Japan Association for Financial APIs, which is a self-regulatory body certified by the FSA under the Banking Act. From 2023 to 2024, leveraging his knowledge in payment and settlement-related regulations and his experience working for the FSA, Keisuke played significant roles in several leading stablecoin projects under the new regime established under the amended Payment Services Act.
Yoshihide Matsushita
YoshihideMatsushita
Tokyo
Partner
Tokyo

Partner

Contact
Yoshihide Matsushita is a partner at Anderson Mori & Tomotsune. He has extensive experience in corporate matters, M&A transactions, joint ventures, and alliances, both domestic and international. He also has expertise in financial regulations in Japan including banking, insurance, and securities.
Akira Tanaka
AkiraTanaka
Tokyo
Partner
Tokyo

Partner

Contact
Akira Tanaka particularly specializes in tax. He has broad experience and expertise in various tax practices, ranging from tax planning to tax litigation. He also has extensive experience working on general dispute resolution matters. He has represented numerous Japanese and foreign companies in litigation and other dispute resolution procedures, in areas such as international transactions, M&A and financial transactions.
Shinji Kusakabe
ShinjiKusakabe
Tokyo
Partner
Tokyo

Partner

Contact
Shinji Kusakabe specializes in advising on legal issues in manufacturing, such as commercial transactions and product liabilities. Mr. Kusakabe has a wealth of practical experience in litigation and arbitration, both international and domestic. Mr. Kusakabe's particular specialties lie in providing targeted advice to clients on corporate matters, taking into consideration potential future disputes, and in resolving current disputes in light of actual business practices and circumstances. Cases which Mr. Kusakabe has recently handled include lawsuits related to termination of commercial relationships, illegal transactions conducted by employees, product liability, bid-rigging conspiracies and inventions by employees. Mr. Kusakabe is also actively engaged in international arbitration, including matters arbitrated outside Japan. In addition to his professional experience at Anderson Mori & Tomotsune, Mr. Kusakabe's prior experience includes working as a Foreign Associate at Kelley Drye & Warren's New York office (September 1999 to August 2000) and a full-time secondment to Swiss Bank Corporation's (now UBS AG) Tokyo Legal & Compliance department (February to July 1998). Mr. Kusakabe also served as: Executive Director, the Headquarters for Comprehensive Promotion of Civil Justice Reform of the Japan Federation of Bar Associations (from June 2026); Member of the Advisory Committee for the Establishment of Civil Rules of the Supreme Court (from August 2025); Special Assistant to the President of the Japan Federation of Bar Associations (from April 2025 to September 2025); President of the Daini Tokyo Bar Association (from April 2024 to March 2025); Vice President of the Japan Federation of Bar Associations (from April 2024 to March 2025); Expert Member of the Nuclear Damage Compensation Dispute Review Board (from June 2022 to June 2023); Member of the Code of Civil Procedure (for Introduction of IT) Subcommittee of the Legislative Council of the Ministry of Justice (from June 2020 to February 2022); Governor of the Japan Federation of Bar Associations (from April 2020 to March 2021; Executive Governor from June 2020 to March 2021); Chair of the Committee on Civil Procedure of the Japan Federation of Bar Associations (from June 2019 to May 2021); Examiner for the National Bar Examination and the National Preliminary Bar Examination (in Charge of the Code of Civil Procedure) (from November 2018 to November 2021); Vice President of the Daini Tokyo Bar Association (from April 2017 to March 2018); and Practicing-Attorney-Professor for Civil Advocacy at the Legal Training and Research Institute of the Supreme Court of Japan (from April 2010 to March 2013) (for details of this position, please visit http://www.courts.go.jp/english/institute_01/institute/index.html#Intro ).
Minoru Kobayashi
MinoruKobayashi
Tokyo
Partner
Tokyo

Partner

Contact
Minoru Kobayashi’s practice focuses on real estate, capital markets and structured finance transactions, such as real estate non-recourse loans, establishment of real estate funds, including Japanese REITs (real estate investment trusts), issuance and offering of debt and equity securities in international and domestic markets and complex securitizations. His practice has also included a wide range of corporate transactions, including corporate finance transactions, mergers and acquisitions, corporate restructurings, licensing and international trade.

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