JAPAN Trends and Developments Contributed by: Yuhei Sakao, Ryota Saito and Shunsuke Ebihara, Miura & Partners
Conclusion The legal regulations surrounding white-collar crime in Japan are constantly changing, and it is essential to access the latest information and knowledge to keep pace with these changes. In addition, due to increased public awareness of compliance and stricter legal regulations, corporate malfeasance can cause significant damage to com - panies, their officers and employees. To avoid such damage, companies should prevent corporate malfeasance by taking various misconduct- prevention measures, such as improving their own whistle-blower systems and compliance programmes in a multi-layered manner. In addition, ongoing train - ing is necessary to ensure that officers and employ - ees acquire correct and up-to-date legal knowledge, as well as improve their compliance awareness and integrity.
status, provided that the specific combination is not known and the information thereby retains economic value. The circumstance of trade secret infringement in Japan As there have been a series of cases in which Japa - nese companies’ trade secrets have been leaked to overseas companies, the UCPA has been amended to include harsher penalties for trade secret infringe - ment. However, such cases continue to occur. In addi - tion, among Japanese companies, there have been sporadic instances where trade secret violations have escalated into criminal cases. With the growing importance of trade secrets, it is clear that companies need to ensure that they do not become either victims or perpetrators of trade secret infringement.
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