| ISSUE 24/2010
|| 4 November 2010
Dear !*TITLE*! !*LASTNAME*!,
The results from the 18th Foreign Chambers Business Confidence Survey are now available. As the title of the report "Bumpy Ride for Economy - Smoother Sailing for Companies" suggests, the views of the Japanese economy are mixed, put the companies reported, and forecasted significant improvements both in sales and profitabliity. Read more about the survey below.
The registration for the Scandinavian Christmas Party held on Friday, 3 December has now been opened. To sign up for the event, go to the web site for the party. As we have a bit smaller space this year at the new venue, Happo-En, we expect the event to be sold-out, so better sign up soon!
The 18th Foreign Chambers Business Confidence Survey
"Bumpy Ride for Economy - Smoother Sailing for Companies"
The Foreign Chambers in Japan (FCIJ) has been conducting Business Confidence surveys online twice a year since 2002 among foreign-affiliated companies in Japan. The eighteenth survey was conducted between October 12 and 22, 2010, and received 287 valid responses. The survey is run and processed on behalf of all the chambers by the FCCJ.
Compared to the previous survey (Spring 2010), this survey shows an uncertainty about the economic situation in Japan, especially in the short term, but the performance of the companies, both in sales and profitability continue to improve.
The reported sales performance (on an index from -2 to +2) in the past six months show a significant improvement, +0.64 compared to -0.25 the spring survey. Similarly, the profitability had also improved, +0.63 now compared to +0.23. The sales forecast index for the coming six months was +0.68 (previous survey +0.88) and that for profitability +0.60 (+0.76).
Concerning the strategies of the foreign-affiliated companies in Japan, most of them continue to be rather bullish despite experiencing tough times in the last couple of years. 69% are looking for further growth and 28% expecting to sustain their current level. 2% are planning to downsize, but only 1% considering withdrawing from the market.
For the full report, clock link at right.
Report from the Hirameki Design x Finland Preview Event
In connection with the opening of the Hirameki Design x Finland exhibition at the Living Design Center Ozone, Shinjuku Park Tower on Friday, 29 October, the FCCJ organized a special luncheon meeting with the curators of the Exhibition, Harri Koskinen and Ilkka Suppanen.
FCCJ President Marko Saarelainen flanked by the curators, Ilkka Suppanen (left) and Harri Koskinen
After enjoying the lunch at the iittala cafe, the participants joined the curator's tour through three different exhibtion areas, presenting most of the designs of the 64 companies and design groups participating in the exhibition.
Hirameki Design x Finland, open unti 7 November, is the largest Finnish Design Event ever organized in Japan.
For more images from the meeting, attended by 17 members, click link at right.
Friday, 19 November - Stora Enso Cup
Sweden-Finland Golf Challenge - Autumn 2010
The 18th Sweden-Finland Golf Challenge (team competition between the Swedish and the Finnish Chambers),
the Stora Enso Cup, is played on Friday, 19 November for a trophy donated by Stora Enso Japan K.K.
This time the venue is the same ans in spring, , Taiheiyo Club Narita Course, which is conveniently located just 6 km off the Tomisato I.C. (one before Narita) on the Higashi-Kanto Expressway.
For a flyer of the event, which also includes the access map and registration form, click link below.
Wednesday, 24 November - FCCJ Luncheon Meeting
Dr. Paavo Väyrynen, Minister for Foreign Trade and Development
At our luncheon meeting on Wednesday, 24 November we will have Dr. Paavo Väyrynen, Minister for Foreign Trade and Development of Finland as our guest speaker.
Minister Väyrynen is in Japan accompanied by a business delegation, which will also participate in the luncheon meeting. The theme of his presentation will be confirmed later.
Date & Time:||Wednesday, 24 November, 12.45-14:30 note time!
Venue: ||Hotel Okura, Oak Room (Main Bldg.. 2F) MAP
Cost:||6,000 yen for members, non-members 8,000 yen
(collected at the door)
Registration:||by Monday, 22 November
Minister Väyrynen's Profile
Date and place of birth: 2 September 1946, Kemi|
Doctor of Social Science
Member of Parliament, 1970-1995, 1999, 2007 to present (Centre Party)
Minister of Education, from 30 November 1975 to 29 September 1976
Minister of Labour, from 29 September 1976 to 15 May 1977
Minister for Foreign Affairs, from 15 May 1977 to 26 May 1979
Minister for Foreign Affairs, from 26 May 1979 to 19 February 1982
Minister deputising for the Prime Minister, from 6 May 1983 to 30 April 1987
Minister for Foreign Affairs, from 6 May 1983 to 30 April 1987
Minister for Foreign Affairs, from 26 April 1991 to 5 May 1993
Minister for Foreign Trade and Development, 19 April 2007 to present
Party Leader, Centre Party, 1980-1990
Member of European Parliament, 1995-2007
If you would like to attend, click link at right.
Saturday, 6 and Sunday 7 November
Finland at Shibuya Festival
Finland will have a stall at the 33rd Shibuya Festival. A real Santa is coming from Suomi for the fair, thanks to the Finnish Institute and with the support of Finnair and Honka..
Date and time:
Saturday, 6 November 10:00-16:30 and
Sunday, 7 November 10:00-16:00
A lnote about Shibuya Festival:
Over the past 30 years, Shibuya Festival has developed to become a major annual event, a festival for citizens.
During the two-day fair this year, there will be a parade participated by 48 organizations, numerous music and dance performances involving 37 bodies, and bazaars & stalls by 164 entities -including our tent "Republic of Finland."
According to Shibuya, the organizer, about 900,000 visitors are expected to visit the 34th Shibuya Fest.
Yoyogi Park -B area (incl. Outdoor Stage and Soccer Stadium) - main venue NHK Plaza (NHK Minnano Hiroba Fureai Hall) Shibuya Hall "C.C. Lemon Hall"
Shibuya Workers' Welfare Centre (Kinro Fukushi Kaikan)
Location of the stall "Republic of Finland":
No. W-13, World Zone (Outdoor), Yoyogi Park.
Map of Shibuya area English
Map of the exhibition area in Japanese
Friday 19 November
Tokyo Sinfonia: SCANDINAVIAN SERENADE
The next evening in the Tokyo Sinfonia's perennially popular series of Foreign Correspondents' Club dinner-concerts is held on Friday, 19 November at 18:30.
In salute to the north countries, the Scandinavian Serenade offers you a unique look at the contrasting musical styles of eminent composers representing each of the four nations. Performed between courses from the traditional Scandinavian kitchen, it is an unusually interesting programme -- one we have done once previously, with astounding success.
Cuisine & concert (cash bar)
Table tickets: Group: 8,445 yen each; Single: 9,335 yen
Cuisine: Smoked Norwegian Salmon with Dill, Sour Cream & Salad
Concert: Kleine Suite for Strings (Nielsen)
Cuisine: Swedish Meat Balls with Red Cabbage, Finnish New Potatoes, Green Beans, Pearl Onions &
Concert: Lemminkainen Legend (Sibelius) - Concertstucke (Berwald)
Cuisine: Danish Princess Cake
Concert: Holberg Suite for Strings (Grieg)
(03) 3588 0738
News from Finland
Working group sees computers replacing textbooks
An education ministry working group said Tuesday that the government should launch a paperless school trial with computers replacing all textbooks.
The working group noted that at the moment pupils' computer use tended to focus on social networking sites and added that schools should teach computer skills needed in the workplace.
The working group called for increases in spending on school computers, networks and teaching programs.
Henna Virkkunen (cons), the education minister, said she was concerned about differences in information technology use between schools.
Grin of the Week
A psychologist is a man who watches everyone else when a beautiful girl enters the room.
A professor is one who talks in someone else's sleep.
A schoolteacher is a disillusioned woman who used to think she liked children.
A consultant is someone who takes the watch off your wrist and tells you the time.
A diplomat is someone who can tell you to go to hell in such a way that you will look forward to the trip.
Clas G. Bystedt
If you have any comments, rumors,
gossip or inside information,
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ABOUT THIS BULLETIN
This bulletin is
published by the Finnish Chamber of Commerce in Japan (FCCJ) and
distributed to over 650 recipients among its members and related
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.