Demonstrating Japan’s intention to fortify its space policy and support the growth of space businesses, the government approved the Basic Policy on Economic and Fiscal Management and Reform 2025 (Basic Policy 2025) on June 13, 2025. This important policy document outlines the government’s priority issues and sets the direction for the following fiscal year’s budget.

This GT Advisory provides an overview of the Basic Policy 2025 and its impact on the Japanese space industry.

Link to Click here to read the full GT Advisory. Click here to read the full GT Advisory.

Photo of Yusuke Watanabe Yusuke Watanabe

Yusuke Watanabe is a Japanese law licensed bengoshi and member of the real estate team of Greenberg Traurig. He has experience advising international cross border investors and domestic Japanese institutions in a broad array of real estate transactional matters across all major real…

Yusuke Watanabe is a Japanese law licensed bengoshi and member of the real estate team of Greenberg Traurig. He has experience advising international cross border investors and domestic Japanese institutions in a broad array of real estate transactional matters across all major real estate asset classes. He assists clients in all phases of projects and ventures from due diligence, to development planning and construction, to operations and management. In addition to real estate matters, Yusuke also advises clients in general corporate, finance, labor and employment, space law and regulatory compliance matters. He not only supports the transactional practices of the firm, but his versatile knowledge and experience also enables him to support the litigation and disputes practices of the firm, particularly in real estate related matters and ventures.

Prior to joining Greenberg Traurig, Yusuke worked at one of Japan’s leading domestic law firms where he assisted clients in real estate, general corporate, commercial transactions, and regulatory compliance matters.

Photo of Koji Ishikawa Koji Ishikawa

Koji Ishikawa is the Managing Shareholder of the Tokyo office and focuses his practice on mergers and acquisitions and capital market matters. He is experienced in handling cross-border transactions and advising clients in the technology sector.