A133 According to the revised Political Funds Control Law, companies with capital that is more than 50 percent foreign owned are prohibited from making political donations. This is to ensure that Japanese politicians and elections are not influenced by overseas companies, but there is a growing number of Japanese bluechip companies with more than 50 percent foreign-owned capital. Almost 50% of Canon shares are foreign owned, and the company from which chairman Mitarai comes has, thus, decided not to make donations. As a direct result of this, the law was revised in December 2006 so that companies with high foreign ownership ratios can make donations under certain conditions.