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Izumi Akai is the co-head of S&C's Japan practice and is a member of the bar of the State of New York and Japan. Mr. Akai is a Japanese citizen and is fluent in both English and Japanese. Mr. Akai started his career as a lawyer in 1982 at a law firm in Tokyo. He practiced in S&C's New York office from 1987 to 1992. In 1996 he rejoined S&C and has operated since then at the Firm's Tokyo office. He actively participates in the U.S. law practice of the Firm and is also available to render advice on certain matters of Japanese law. Throughout his career, Mr. Akai's practice has involved M&A, capital markets, real estate and other corporate work for a number of Japanese and non-Japanese clients. Mr. Akai has actively participated in securities offerings and listings in the United States by a number of Japanese issuers. He also has been involved in acquisitions and joint ventures in and outside Japan involving Japanese companies. In the capital market area, Mr. Akai has an extensive experience in advising securities offerings in the United States and NYSE listings of a number of Japanese companies. His experience includes: U.S. counsel to the underwriters in the pending global IPO of Seven Bank, Ltd. U.S. counsel to the underwriters in US$ 2.96 billion global IPO of Sony Financial Holdings Inc. U.S. counsel to the underwriters in US$ 242 million global IPO of Universal Studios Japan in 2007 U.S. counsel to re-plus residential investment in its US$ 170 million global offering in 2007 U.S. counsel to Aeon Co., Ltd. in its US$ 1.7 billion global equity offerings in 2006 and 2004 U.S. counsel to Idemitsu Kosan Co., Ltd. in its US$ 1.0 billion global IPO in 2006 U.S. counsel to the underwriters in US$ 1.2 billion global equity offering of Japan Airlines Corporation in 2006 U.S. counsel to the underwriters in Elpida Memory, Inc. s US$ 919 million global IPO in 2004 and U$ 1.2 billion follow-on global offering in 2006 U.S. counsel to Japan Retail Fund Investment Corporation in its four consecutive global equity offerings of US$ 424 million in 2003, US$ 437 million in 2004, US$ 450 million in 2005 and US$ 609 million in 2006 U.S. counsel to Kenedix Realty Investment Corporation in its US$ 406.5 million global equity offering in 2006 and US$ 312 million in 2007 U.S. counsel to the underwriters in US$ 5.2 billion global equity offering of Sumitomo Mitsui Financial Group, Inc. in 2006 U.S. counsel to the underwriters in US$ 4.2 billion global equity offering of Mizuho Financial Group, Inc. in 2005 U.S. counsel to the underwriters in US$ 410 million global equity offering of Monex Beans Holdings, Inc. in 2005 U.S. counsel to the underwriters in US$ 4.3 billion global equity offering of Central Japan Railway Company as part of its privatization in 2005 U.S. counsel to Electric Power Development Co., Ltd. in its US$ 3.3 billion global IPO in 2004 U.S. counsel to Inpex Corporation in its US$ 3.3 billion global IPO in 2004 other significant capital market transactions including, among many others, U.S. counsel to West Japan Railway Company in its US$ 2.4 billion privatization, U.S. counsel to Sumitomo Corporation in its US$ 950 million global equity offering, and sole U.S. counsel to the government financial institutions including Development Bank of Japan, Japan Finance Corporation of Municipal Enterprises and Japan Bank for International Cooperation in their SEC-registered global bond offerings. In the acquisition area, Mr. Akai has actively participated in acquisitions and joint ventures in and outside Japan involving Japanese companies. Highlights of his M&A work include: advising Advantage Partners LLP in the pending acquisition of Tokyo Star Bank Ltd. advising Mitsukoshi Ltd. in the pending merger with Isetan Co., Ltd. advising Eisai Co., Ltd. in the acquisition of MGI Pharma, Inc. advising Ain Pharmaciez Inc. in the pending acquisition of CFS Corporation advising TIS Inc. in the pending merger with INTEC Holdings, Ltd. advised Daimaru, Inc. in the merger with Matsuzakaya Co., Ltd. advised Hoya Corporation in the acquisition of Pentax Corporation advised Eisai Co., Ltd. in the acquisition of Morphotek, Inc. by its wholly owned subsidiary, Eisai Corporation of North America advised Mitsui & Co. (U.S.A.), Inc. in the acquisition of Steel Technologies, Inc. advised Inpex Corporation in the acquisition of Teikoku Oil Co., Ltd. advised Mitsubishi Tokyo Financial Group, Inc. in the merger with UFJ Holdings other significant mergers and acquisitions, joint ventures and investments, including, among many others, Osaka Steel Co., Ltd./Tokyo Kohtetsu Co., Ltd., Sumitomo Mitsui Financial Group/SMBC Friend Securities, Toyota Tsusho Corporation/Tomen Corp., Fuji Television Network, Inc./Nippon Broadcasting System, Inc., Namco Ltd./Bandai Co., and Sankyo Co., Ltd./Daiichi Pharmaceutical Co., Ltd. Mr. Akai has been recognized for his expertise by numerous publications, including: by Asian Legal Business (2007) among the ALB Hot 100, its listing of legal practitioners "who have risen above the rest . . . who have performed outstandingly in their field." in M&A as a highly recommended individual in PLC Which Lawyer? Yearbook/Global Counsel 3000 (2007, 2006, 2005, 2003-2004), in PLC Cross-border Mergers and Acquisitions Handbook/PLC Global Counsel Mergers & Acquisitions Handbook (2007/08, 2006/07, 2005, 2004-2005) in The International Who's Who of Merger & Acquisition Lawyers (2001) and The International Who's Who of Business Lawyers (2002) in Corporate/M&A as a leading individual by Chambers Global (2008, 2006, 2004-2005) in Banking by Euromoney s Guide to the World's Leading Banking Lawyers (2007, 2005) in Banking & Finance by Chambers Global (2002-2003, 2001-2002) in Capital Markets by PLC Cross-border Capital Markets Handbook (2008), Euromoney's Guide to the World's Leading Capital Markets Lawyers (2006, 2005, 2003, 2002), The International Who's Who of Capital Markets Lawyers (2007, 2006, 2005) and The International Who's Who of Business Lawyers (2007, 2006), as a highly recommended individual in PLC Which Lawyer? Yearbook/Global Counsel 3000 (2002-2003, 2001-2002), as a leading individual by Chambers Global (2008, 2007, 2006, 2004-2005, 2003, 2002-2003, 2001-2002, 2000-2001) in Capital Markets & Corporate Finance in AsiaLaw Leading Lawyers (2006, 2005, 2003) in Equity Capital Markets as a highly recommended individual in PLC Global Counsel Equity Capital Markets Handbook (2004-2005), and as a highly recommended individual in PLC Which Lawyer? Yearbook (2007, 2006, 2005). Practices Broker-Dealer Regulation Corporate Governance Financial Institutions Insurance Mergers & Acquisitions Privatizations Real Estate Securities Events & Speaking Engagements The Bank of New York's 2005 ADR Issuers Forum Education 1987, University of Chicago Law School, LL.M. 1980, University of Tokyo, LL.B. Bar Admissions New York Japan Country of Origin Japan |
