As discussed in the April 2017 and June 2017 issues of this newsletter, the Amended Foreign Exchange and Foreign Trade Act was enacted in May 2017. On July 14, 2017, the cabinet and ministerial orders and the public notices necessary for the enforcement of the Amended Act ("Cabinet Orders") were promulgated. First, the Cabinet Orders set October 1, 2017, as the effective date of the Amended Act. Second, in connection with "specified acquisitions" (certain acquisitions by a foreign investor of the shares of a Japanese unlisted company from another foreign investor) for which the Amended Act newly introduces prior notification requirements, the Amended Act delegates to a cabinet order the designation of the types of industries to which such prior notification requirements apply. Accordingly, the Cabinet Orders designate certain industries as subject to such requirements (including the weapons manufacturing industry, among others).