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  ISSUE 3/2012 2 February 2012  
Dear !*TITLE*! !*LASTNAME*!,

We held our first event in the year of the Dragon last Thursday, a well attended club evening at the Finland Café, read more about it below.

Coming up is a luncheon meeting on Tuesday, 28 February with a timely theme about the economic uncertainties in Europe and how they influence Japan. More about the event below.
The first half of March will be a busy month with several, very different types of events. Will come back to these in my next issue.

Also this week we have a new contribution from Japan veteran in Finnish business his column Aoyama View, this time titled "Two Admirals - Lessons in History", although about Japan with a couple of links to Finnish businesses, one past, one current.
Click banner at right for an interesting and educating read.

Thursday, 26 January - FCCJ Club Evening
'Shinnenkai' Networking Event in New Surroundings!

The first event in the new year was a club evening at a new venue, the Finland Café in Daikanyama, which opened in July 2010.. Club Evenings have been earlier held at Finland Cafés, but these have been temporary tourist promotion venues open for a few weeks.

The 37 members and guests attending enjoyed a relaxed networking evening in a Finnish atmosphere with Finnish style food. Almost 40% of the participants were first-timers at FCCJ events

For a lot of images from the event, click link at right.
Tuesday, 28 February
FCCJ Luncheon Meeting with Martin Schulz, Fujitsu Research Institute

Our next regular luncheon meeting will be held on Tuesday, 28 February when Mr. Martin Schulz, Senior Economist, Fujitsu Research Institute is our guest speaker.

Mr. Schulz will give us an insight in the eurozone challenges and his views on the economic outlook for Japan. He is a renowned expert in these areas and a popular speaker and frequently quoted in international media.


Date & Time:Tuesday, 28 February, 12.00-14:00
Venue: Hotel Okura, Kensington Terrace (South Wing 12F) MAP
Cost: 6,000 yen (members), 8,000 yen (others) - collected at the door
Registration:by Friday, 24 February
About Martin Schulz
Martin Schulz is Senior Economist at the Fujitsu Research Institute (FRI), a private think tank and consultancy that focuses on economic policy and corporate strategy in Japan. He is in charge of research and consultation on macroeconomics, finance, and corporate overseas strategies. Additionally, Martin is a consultant to government institutions like Japan's Ministry of Economy, Trade and Industry (METI). His work is widely quoted in international media - with regular interviews at Bloomberg, CNBC, the BBC, etc.

Previously, Martin was a visiting researcher at the Bank of Japan and University of Tokyo, Assistant Professor of Economic Policy and Monetary Integration at Free University Berlin in Germany, and guest professor at a number of universities in Europe and Japan.

Please note that we will collect the fee at the door and provide you with a receipt. Late cancellations and no-shows will be invoiced.

If you would like to attend, please click link at right.

Wednesday, 1 March
Free tickets: International Youth in Concert in Tokyo

EU-Japan Fest Japan Committee offers free tickets to a concert for the music lovers in the Finland related community.

International Youth in Concert in Tokyo will be held on Wednesday, 1 March, 19:00-21:00 at Kioi Hall, Tokyo.

EU-Japan Fest, a partner organization of the European Capital of Culture, organizes this concert with young artists from Turku (European Capital of Culture 2011), Hungary (2010), Slovenia (2012) and Japan. Turku Music Academy Cello Ensemble will represent Finland at the concert.

Please take this opportunity to entertain yourself, your family members, friends and customers. If you are interested to receive free tickets, please mail me and indicate how many tickets you need.

For more information about the event, click link at right.

News from Finland

Outokumpu confirms massive steel deal

Finnish metals giant Outokumpu is poised to become the world's largest producer of stainless steel following a major acquisition announced on Tuesday. It is buying the German conglomerate ThyssenKrupp's stainless steel business in a deal worth 2.7 billion euros.

The Finnish company will pay a billion euros in cash for the Inoxum unit, which has annual sales of more than six billion euros and more than 11,000 employees.

The deal, to be financed by a billion-euro rights issue of new Outokumpu stock, will lead to the loss of some 850 jobs in Germany.

ThyssenKrupp, whose estimated market share of 35 to 40 percent in Europe made it the top stainless steel producer in the region, will retain a 30-percent stake in the enlarged Outokumpu.

Its share price slumped by more than 10 percent after details of the deal were announced, while ThyssenKrupp's rose.

Grin of the Week

Only in America?

An airliner was having engine trouble, and the pilot instructed the cabin crew to have the passengers take their seats and get prepared for an emergency landing.

A few minutes later, the pilot asked the flight attendants if everyone was buckled in and ready.

"All set back here, Captain," came the reply, "except one lawyer who is still going around passing out business cards."
Best regards

Clas G. Bystedt
If you have any comments, rumors, gossip or inside information,
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This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 650 recipients among its members and related organizations.

FCCJ was established in April 1999 to promote trade and economic exchange between Japan and Finland and has today 62 corporate members, 16 individual and one special member.