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  ISSUE 21/2014 6 October 2014  
Dear !*TITLE*! !*LASTNAME*!,

Our next regular meeting is a luncheon meeting with Mr. Shinichi Koizumi, Senior Advisor (Former Executive Vice President) of Toray Industries, Inc. as our guest speaker. Many might not be familiar with Toray but it is a large (45,000 employees, 20 bill. USD revenue) and one of the most successful Japanese companies today, specializing in advanced materials centered on technologies of organic synthetic chemistry, polymer chemistry and biochemistry. For example, whenever you fly one of the modern airliners, significant parts of the aircraft is manufactured with their carbon fibres. Read more about the luncheon below!

The Mercedes-Benz Japan Cup on Friday, 10 October is now completely fully booked. But if there is still someone that would like to play and has not yet signed up, please contact me to find out about possible cancellation slots.

We also keep promoting the Scandinavian Christmas Ball on Friday, 12 December. Even though it is still more than two months to the event, December tends to be busy so at least put the date in your calendar and sign up as soon as you have made up your mind. More about the Ball below.

Friday, 17 October 2014
FCCJ Luncheon Meeting

Our next luncheon meeting will held on Friday, 17 October when we have Mr. Shinichi Koizumi, Senior Advisor (Former Executive Vice President) of Toray Industries, Inc. as our guest speaker.

The title of Mr. Koizumi's presentation is: "Advanced Materials can change the World - Providing Solutions to Global Agenda- "

Date & Time:Friday, 17 October , 12.00-14:00
Venue: Grand Hyatt Tokyo, Drawing Room, 2F [MAP]
Cost:Members 6,000 yen, Guests 8,000 yen
Registration:by Friday, 10 October

About Shinichi Koizumi
Shinichi Koizumi was born in Tokyo in 1948 and received Bachelor Degree in Economics from Keio University in 1971, after which he joined Toray Industries, Inc. where he held different positions, mainly in the international Division. From 1997 to 1999 he served as Director and Toray Plastics (Malaysia) Snd. Bnd.

He was appointed Vice President in 2004, Senior Vice President (International Operations) in 2006 and Executive Vice President & Representative Member of the Board in 2008. In 2013 he was appointed Senior Advisor and Chairman or the Board, Toray Corporate Business Research, Inc.
About Toray
Toray Group is a multinational corporate group which specializes in advanced materials centered on technologies of organic synthetic chemistry, polymer chemistry and biochemistry. Its foundation business areas are Fibers and Textiles, as well as Plastics and Chemicals. The company has also diversified into areas such as IT-related Products, Carbon Fiber and Composite Materials, Environment and Engineering, Life Science and other Businesses.

Toray is the world's largest producer of carbon fibers, which are extensively used in primary structure parts such main and tail wings and fuselage of the Boeing 787 Dreamliner and the coming Airbus A350 XWB.

We collect the luncheon fee at the hotel. Note that we have to invoice the lunch fee for cancellations after 13:00 on Tuesday, 14 October and "no-shows".
To register, click link at right.

Wednesday, 5 November - Joint Chambers Networking Event organized by CLIC:
COCA-COLA - Thirst for Innovation!

Receive insights in one of the world's biggest companies: the Coca-Cola Company.

At our second CLIC event, Mr. Bjorn Jensen, the SVP of Strategy & Insights at Coca-Cola Japan Ltd, will share with us the Coca-Cola Journey in the Japanese market.

"A new perspective on your bottle of Coke from a strategic and marketing point of view"

Date & Time:Wednesday, 5 November, 19:00 - 21:00
(Doors open at 18:30)
Venue:Oakwood Premier, Tokyo Midtown
Cost:Members 6,000 yen, non-members 8,000 yen
- Including buffet and two drinks
- Additional drinks at 500 yen from cash bar
Registrations:by Wednesday, 29 October

About Bjorn Jensen

Mr. Bjorn Jensen is the SVP Strategy & Insights at Coca-Cola Japan Ltd with a broad cross functional experience from finance, strategic planning, customer and commercial marketing and general management across more than 25 markets in Europe and the Asia Pacific through his 22 year long career with Coca-Cola.

For more about the event and to register, click link at right.
Friday, 12 December - The Social Highlight of the Year for the Nordic Chambers

The social highlight of the year of the Nordic Chambers in Japan, the Scandinavian Christmas Ball, is this year held on Friday, 12 December at our regular venue, The Westin Tokyo Hotel.

This is the 22nd event and the party committee is working on an exciting program with great food and drinks. Don't miss out on this opportunity to join one of the best parties in town for a very reasonable cost, taking into account what it includes!

Registration Open!
The registration for the party has now been opened. Please sign up soon to secure your seats! Sign-ups are on a first-come, first serve basis, although sponsors are guaranteed seats (Gold and Silver sponsors can reserve full tables).

Sponsor Recruiting
Currently we are also recruiting sponsors and advertisers for the party. To get maximum benefit and exposure for your contribution, sign up soon. Without the continuous support from a large number of companies and organizations, we could not have made this event as enjoyable as it has been throughout the years, for a reasonable cost of participation.

To sign-up as participant or sponsor, click link at right.

News from Finland

Moody's upholds Finland's top credit rating

Credit rating agency Moody's has deferred a reappraisal of Finland's AAA credit rating in its seasonal assessment, meaning Finland can keep its top rating for the time being. Finland's top credit rating guarantees lower interest rates for its loans.

One of the international market's top three credit ratings agencies, Moody's, has announced that it will not issue an update of Finland's top credit rating. An update was due on October 3rd, but Moody's posted on its website that it will not issue an update at this point, presumably as the situation does not warrant a new look quite yet.

Moody's granted Finland its top triple-A credit rating earlier this spring.

Danske Bank's chief economist Pasi Kuoppamaki says Moody's did not announce a new date for a future assessment, but he doesn't expect a new rating will be issued any time soon.

Kuoppamaki expects a new assessment of Finnish credit worthiness is in the pipeline now that the government has carried out reforms. Economic development has at the same time been decidedly sluggish, he notes, a situation requiring the repeated re-calculation of economic forecasts.

"Finland's economic development has been weaker than what Moody's has forecast. It would have been interesting to hear what their latest view is, but their choice to not update the rating is hardly unusual," he says.

Two out of three announced

Moody's is one of the "Big Three" credit ratings agencies in the world. Of the other two, Fitch confirmed its AAA credit rating for Finland last week, and the third of the three, Standard & Poor's, is expected to announce its appraisal later this month.

Grin of the Week

Father of two...or three children?

A man was wandering around a fairground and he happened to see a fortune-teller's tent. Thinking it would be good for a laugh, he went inside and sat down. "Ah....." said the woman as she gazed into her crystal ball. "I see you are the father of two children."

"That's what you think," said the man scornfully. "I'm the father of THREE children."
The woman grinned and said, "That's what YOU think."
Have a great week &
Best regards

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

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 64 corporate members, 12 individual and one special member.