Makiko Ushijima

Of Counsel

Tokyo + 81.3.6744.1601

Connect:

Share

Makiko Ushijima has more than 20 years of experience advising on investment funds/fund managers for their regulatory compliance and portfolio investments and on cross-border finance/M&A transactions at major international law firms.

Makiko represents clients and various types of investment managers, including hedge funds and real estate funds, and private equity firms with their compliance with Japanese securities regulations (Financial Instruments and Exchange Act/FIEA) and their portfolio investments in Japan. She also has assisted global business firms with worldwide operations for their acquisitions/sales of local operations and joint ventures with local partners in Japan. In addition, Makiko advises non-Japanese institutional investors and fund managers on disclosure and compliance issues in connection with their investments in Japanese-listed firms and in corporate governance and shareholder activism issues. She has broad experience in capital markets, including global equity and debt securities offerings, annual disclosures, and insider trading regulatory. Furthermore, she has assisted multiple corporate and professional firm clients on governmental investigations and cross-border commercial disputes.

Makiko currently serves as an independent director/audit committee member of Japanese companies listed on the prime section of Tokyo Stock Exchange. She is also qualified as a CPA in Illinois.

Experience

  • Egeria Capital Management establishes Egeria Private Equity Fund VIJones Day advised Egeria Capital Management B.V. on the establishment and fundraising of Egeria Private Equity Fund VI (the "Fund"), including the establishment of a friends and family feeder vehicle and the structuring and acquisition of a warehoused investment.
  • Lam Research amends and restates its existing revolving credit facility to $2 billionJones Day represented Lam Research Corporation, a global developer and supplier of semiconductor manufacturing equipment, in connection with its $2 billion amended and restated revolving credit facility.
  • Joint Administrators of The Body Shop International Limited (in administration) sell business and assetsJones Day advised Geoffrey Rowley, Anthony Wright and Alastair Massey of FRP Advisory in their capacity as joint administrators of The Body Shop International Limited (in administration), an appointee of the shareholder, Aurelius Investment Advisory Limited, in connection with the trading administration and subsequent sale of the company's business and assets.
  • Kokusai Electric Corporation completes ¥138.2 billion international secondary offeringJones Day represented KSP Kokusai Investments, LLC, a subsidiary of Koch Industries, Inc., as a selling stockholder of 13,319,500 shares of Common Stock, in connection with Kokusai Electric Corporation's international secondary offering of an aggregate of 30,190,800 shares of Common Stock outside of Japan pursuant to Rule 144A/Regulation S.
  • AURELIUS acquires The Body ShopJones Day advised private equity investor AURELIUS on its acquisition of The Body Shop from Natura & Co S.A.
  • Chevron and MOECO agree to explore advanced closed loop geothermal pilot in Hokkaido, JapanJones Day advised Chevron New Energies on its agreement with Mitsui Oil Exploration Co., Ltd (MOECO) to proceed with the pilot testing of advanced geothermal technology, specifically advanced closed loop (ACL) technology.
  • Alternate investment firm obtains $100 million secured facilitiesJones Day advised a leading alternative investment firm in connection with a $100 million secured holdco back leverage facility secured against its interests in certain portfolio companies.
  • Avient acquires DSM Protective Materials businessJones Day advised Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, in the $1.485 billion acquisition and financing of Koninklijke DSM N.V.’s protective materials business, a leading specialty engineered materials business built around the invention of Dyneema®, the world’s strongest fiber.
  • Materion acquires H.C. Starck's electronic materials portfolio for $380 millionJones Day advised Materion Corporation, a world leader in high performing advanced materials, in connection with the acquisition and financing of H.C. Starck Solutions' industry-leading, electronic materials business, located in Newton, Massachusetts ("HCS-Electronic Materials") for $380 million.
  • MassMutual sells remaining shares of Nippon Wealth Life Insurance to Nippon LifeJones Day advised Massachusetts Mutual Life Insurance Company and MassMutual International LLC in the sale of MassMutual International's 14.9% interest in Nippon Wealth Life Insurance Company (Nippon Wealth) to Nippon Life Insurance Company.
  • Bally's acquires Gamesys for $2.7 billionJones Day advised Bally's Corporation in connection with the $2.7 billion acquisition and financing of Gamesys Ltd., an LSE-listed online gaming company.
  • Maxeon Solar Technologies completes public offering of $125 million of Ordinary Shares and concurrent private placement of $33.7 million of Ordinary SharesJones Day represented Maxeon Solar Technologies, Ltd., one of the world’s leading global manufacturers and marketers of premium solar power technology, in connection with its concurrent SEC registered public offering of $125 million of its Ordinary Shares and private placement of $33.7 million of its Ordinary Shares to an affiliate of Tianjin Zhonghuan Semiconductor, one of Maxeon’s existing largest shareholders.
  • Nordson sold screws and barrels product line to Altair InvestmentsJones Day advised Nordson Corporation in the sale of its screws and barrels product line from its polymer processing systems division to Altair Investments.
  • Orocobre raises A$156 million by way of placement and share purchase planJones Day advised Orocobre Limited, a dual ASX and TSX-listed lithium chemicals producer, on a A$156 million capital raising by way of a fully underwritten placement to institutional investors of A$126 million and non-underwritten share purchase plan to shareholders in Australia and New Zealand of up to A$30 million.
  • PolyOne acquires Clariant color and additive masterbatch business for $1.5 billionJones Day advised PolyOne Corporation in the $1.5 billion purchase of Clariant’s global color and additive masterbatch business.
  • Macquarie Capital participates in additional pre-IPO investment in Singapore-based technology companyJones Day advised Macquarie Capital in connection with an additional pre-IPO investment in a Singapore-based technology company.
  • MassMutual International sells 85.1 percent of MassMutual Japan to Nippon LifeJones Day advised MassMutual International LLC in its sale of 85.1 percent of the shares of MassMutual Japan, MassMutual's wholly-owned life insurance and wealth affiliate, to Nippon Life for JPY104.2 billion (approximately US$955 million).
  • Asian alternative investment management firm makes significant real estate investment in TokyoJones Day represented an Asian alternative investment management firm in connection with an investment in real estate located in central Tokyo.
  • PAG Asia Capital sells remaining stake in Universal Studios Japan to Comcast NBCUniversalJones Day acted as lead counsel to PAG Asia Capital Ltd. in the sale of its remaining stake in Universal Studios Japan as part of the ¥254.8 billion (US$2.3 billion) sale of Universal Studios Japan to Comcast NBCUniversal, an owner and operator of world-renowned theme parks.
    • View All

    May 2021 Commentary

    Japan's Amended Payment Services Act Could Prompt More Nonbank Entries Into Traditional Banking Services

    February 2021 Alert

    Japan's Financial Services Agency to Introduce New Exemption for Foreign Fund Managers

    November 2020 Newsletters

    Japan Legal Update Vol. 53 | Autumn 2020

    August 2020 Alert

    Japan Introduces Temporary Exemption for Foreign Fund Managers

    Before sending, please note:

    Information on www.jonesday.com is for general use and is not legal advice. The mailing of this email is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Anything that you send to anyone at our Firm will not be confidential or privileged unless we have agreed to represent you. If you send this email, you confirm that you have read and understand this notice.