Over the past decade, a significant number of domestic business combinations in Japan have required registration with the U.S. Securities and Exchange Commission (the "SEC") on Form F-4 before they could be approved by target shareholders. This memorandum has been prepared to help explain the Form F-4 registration process and its consequence for Japanese companies.

本メモランダムは日本語版（参考和訳）もご利用いただけます。