This is the second of a three-part series examining what could happen to British and Japanese companies affected by Brexit.

With the U.K. looking to secure its economic future and seize the purported benefits of Brexit, London has been ramping up its negotiating capacity and making overtures to trade partners.

Japan is one of them. Late last month, British trade minister Liz Truss visited Tokyo to discuss a possible trade deal with Foreign Minister Toshimitsu Motegi, although formal negotiations are prohibited while the U.K. remains a member of the European Union.