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  ISSUE 31/2017 2 November 2017 
Dear !*TITLE*! !*LASTNAME*!,

The Finland's 100 Anniversary Business Reception held at the Embassy last night was a great success with about 170 participants who could enjoy Finnish entertainment, great food and drinks as well as meet old and new business associates. Read the report below.

Our next event is the Stora Enso Cup - a team competition between FCCJ and SCCJ golfers - on Friday, 17 November. We have already almost 20 participants from FCCJ but room for more. Details below!

Finally we have details about the EU Chamber Luncheon with Tokyo Governor Yuriko Koike. The French Chamber, who is the main organizer of this event, has allocated a limited number of seats for each chamber so sign-up soon if you plan to attend! Details below.

With a bit more than one month left is time to sign up for the social highlight of the year for the Nordic chambers, the 25th Scandinavian Christmas Ball held on Thursday, 7 December!
Already almost 50% of the seats are taken. Click banner above for more.

The results of the 32ns Business Confidence Survey are in.

Our "Aoyama View" columnist has again provided a new article. This time titled simply "JAPAN: ENDLESS DISCOVERY".

But it is not only about touristic discoveries, but also in business and politics. All of them not that positive... Click banner at right to find out more!

Report from the Finland 100 Anniversary Business Reception - Wednesday, 1 November

Ambassador Jukka Siukosaari and FCCJ President Masaoki Fujita make a toast.
Yesterday, Wednesday, 1 November, we organized in cooperation with the Embassy the second part of Finland's 100 Anniversary celebrations a Business Reception at the Embassy.

The reception was hosted by Ambassador Jukka Siukosaari and focused on business and trade relations between Finland and Japan. At the reception, the participants could enjoy in a relaxed atmosphere entertainment from Finland, the "We Love Finland" DJ show guiding us through a prime selection of the first 100 years of Finnish music with visuals on a large screen, as well as Finnish drinks and Finnish style food.

The event was attended by 170 members and their guests and Embassy invitees and supported by 10 FCCJ members, Finnair, Finn Corporation, F-Secure, Grand Hyatt Tokyo, MOS Tax Corporation, Nokia, Reaktor, Stora Enso, Vaisala and Wärtsilä.

For a report from the event, click link at right!
Friday, 17 November - Stora Enso Cup
Sweden-Finland Golf Challenge - Autumn 2017

The 31st Sweden-Finland Golf Challenge - the Stora Enso Cup - will be played on Friday, 17 November for a trophy donated by Stora Enso Japan K.K.. At the same time SCCJ members also play for the SCCJ Autumn Golf Cup.

The venue this time is Golf Club Narita Hightree, in Chiba prefecture. First tee-off is at 8:40 and the cost is 17,000 yen, all included (play fee, caddie, lunch and party after play).

Please click link at right for more information and to sign up. On the page you also see who has already signed up.
Wed. 22 November 2017 - EU Chambers Event organized by the French Chamber
Luncheon with Tokyo Governor Yuriko Koike

As Tokyo recently kicked off the countdown to the 2020 Olympic and Paralympic Games, we are pleased to invite you to a luncheon with Governor Yuriko Koike who will share with us her plans for the capital ahead of the Games, and her visions on making the city a global hub post-2020.

Introducing the Tokyo 2020 Medal Project

The Tokyo Metropolitan Government, in cooperation with the Tokyo 2020 Organizing Committee of the Olympic and Paralympic Games, is currently collecting outdated and broken cell phones and some small electronic devices to be recycled into the medals that will be awarded to athletes at the Tokyo 2020 games. TMG's aim is to produce around 5,000 medals through what is called the "urban mine". A Tokyo 2020 Medal Project collection box will be made available on the day of the event at the reception desk. We encourage visitors to bring any unwanted cellphones and smartphones for donation. We appreciate your support!

Details:
 
Date & Time:Wednesday, 22 November, 12.00-14:00
Venue:Hotel New Otani, Banquet Room Tsuru [MAP]
Language: English (Japanese translation available for Q&A)
Cost:10,000 yen for FCCJ members, non-members 14,000 yen
Registration:by Monday, 13 November
(Cancellation after this date or no shows will be fully charged)

About the speaker
Governor Yuriko Koike was born in 1952 in Hyogo Prefecture. She graduated from Cairo University in 1976 with a BA in Sociology. She was elected to the House of Councillors in 1982, then to the House of Representatives in 1993. She was appointed Minister of Environment in 2003 and also served as the Minister of State for Okinawa and Northern Territories Affairs in the Cabinet of Prime Minister Koizumi from 2004. She was appointed Minister of Defense in July 2007 during the first term of Prime Minister Abe. In 2010 she became Chairperson at the General Council of the Liberal Democratic Party. In July 2016, she was elected Governor of Tokyo.

To register, please click link at right!
Tuesday, 31 October - The 32nd Foreign Chambers Business Confidence Survey -
'Healthy Growth both for the Economy and Businesses'

The FCIJ conducted the first Business Confidence survey in April 2002, based on a format developed by the Finnish Chamber of Commerce in Japan (FCCJ). This survey, conducted twice a year, is rapidly becoming a barometer of foreign business in Japan. This, the 32nd, survey was conducted between October 18 and 27, 2017, and received 243 valid responses from members of 17 foreign chambers of commerce in Japan.

The healthy growth that started in the Fall 2016 survey continued in this survey and shows further improved sentiments compared to the previous survey conducted in April 2017. The respondents remain positive about the Japanese economy, for the next 6 months it is expected to continue to grow - the index, on a scale from +2 (strong improvement) to -2 (strong decline) - was now +0.67, compared to +0.40 in April. Looking 12 months ahead, the respondents see an even increased improvement in the economy than forecasted in the previous survey. The index was now +0.73, compared to +0.55 in the previous survey.

The stronger growth in the economy was also reflected in the performance of the companies. The index for reported sales performance in the past six months was now +0.77 compared to +0.70 the previous survey, although the profitability growth decreased slightly, now +0.61 now compared to +0.66 in October.

The optimism reflected in the company performance data also clearly show that the strategies of the foreign-affiliated companies in Japan continue to be bullish. 81% (77% in the April survey) are looking for further growth and 16% are expecting to sustain their current level. Only 2% is planning to downsize and only one of the respondents are considering withdrawing from Japan.

The survey, which is run by FCCJ on behalf of the foreign chambers in Japan.

For the full report click link at right!
Thursday, 30 November - Japan Finland Culture and Friendship Association Event
Gala Finland Night - Concert and Dinner

Japan Finland Culture Association is holding the 9th "Gala Finland Night" follows. H. I. H. Princess Takamado will be present.
Please enjoy famous tunes of Sibelius followed by a superb Japanese dinner.


Details:
 
Date & Time:Thursday, 30 November, 18.00-
Venue:Meiji Kinenkan , "FUJI"
Attire: Black Tie or Dark Suit
Fee:20,000 yen
Registration:by Monday, 13 November

For more information and registration, please click link at right.
Finland's top 3 earners in 2016 from game firm Supercell

Finlandfs top three income earners in 2016 all come from the successful game firm Supercell, according to tax and income data released Wednesday by the Finnish Tax Administration. Altogether seven of the top ten highest-paid individuals came from the Helsinki-based game firm.

Founder and CEO of the game firm Supercell, Ilkka Paananen, emerged as Finlandfs top earner in 2016. According to data released by the Finnish Tax Administration Vero, Paananenfs taxable income last year came in at 46,634,395 euros.

The countryfs second-biggest earner was another Supercell luminary, creative director Mikko Kodisoja, who pocketed 40,851,040 euros for the year. Another Supercell millionaire, John Nicholas Derome came in third with earnings of 13,450,909 euros. Like other Supercell employees, all three are also part owners of the thriving game studio.

Lead programmer Visa Forsten took home 13,429,174 euros, product lead Lassi Leppinen pocketed 12,646,518 euros, game designer Lasse Louhento earned 11,111,696 and CFO Janne Snellman followed up with 5,678,652 euros.

Representatives of traditional sectors rounded out the bottom of the top ten earners. Metsä Group director general Kari Jordan came in eighth on the list with a taxable annual salary of 5,678,652 euros.

Meanwhile Kari Stadigh, CEO of the Sampo financial groupfs annual pay packet was 5,440,778 and Henrik Ehrnrooth, chief executive of the lift and escalator firm Kone was paid 5,062,724 euros for the year.
Grin of the Week

Smart Little Johnny

It's the first day of school and the teacher told her kindergarten class, "If anyone has to go to the bathroom, you should hold up two fingers."

After a moment of quiet thought, Little Johnny asked: "How will that help?"
Have a nice long (in Japan) weekend and
Best regards

Clas G. Bystedt
If you have any comments, rumors, gossip or inside information,
send it to: fccj@gol.com

ABOUT THIS BULLETIN
This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 700 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 64 corporate members, 12 individual and one special member.