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  ISSUE 9/2007

7 May, 2007  

Dear !*TITLE*! !*LASTNAME*!,

Back to business after a long Golden Week holiday!
The 11th edition of the Foreign Chambers Business Confidence Survey is now completed. As the FCCJ is running this survey on behalf of all the foreign chambers in Japan, I spent some of the holidays analyzing the results and compiling the report, which is now ready to be "consumed".

Read more below!

The Foreign Chambers Business Confidence Survey - Spring 2007:
The Lights are on - Good Market Sentiments Prevail

The survey was sent to members at 14 organizations representing about 2,150 foreign affiliated companies and generated 461 valid responses, a 24% increase from the previous survey.

The continuous optimistic mood in the Japanese economy was reflected in this survey, although the growth figures and estimates for both the economy and the companies' performances were slightly more moderate than in the previous survey in October 2006. On a scale from -2 (strong decline) to +2 (strong improvement), this survey's forecast on the Japanese economy for the next six months had an overall index of +0.74 (compared to +0.83 in the October 2006 survey) and for the next 12 months, +0.82 (+0.91 in October 2006).

Regarding their own performance, the companies reported and forecasted for the next six months further gains in sales and profitability on a very similar level than in the previous survey. Both sales and profitability figures were slightly higher whereas the forecasts for the next six months were slightly lower.

Concerning the strategies of the foreign-affiliated companies in Japan, they continue to see Japan as a market with room to expand - 81% looking for further growth and 16% expecting to sustain their current level. Only 2% reported that they plan to downsize and 0% (one company out of the surveyed 462) are considering withdrawing from the market.

For more about the survey and for the full report, click link at right.
Thu. 10 May - DCCJ Special Dinner Meeting with Ms. Savleen Bajaj:
The indispensability of Women in Business Today!
How Companies Can Benefit by Developing Their Women Workforce?

The Danish Chamber has invited the other Nordic Chambers to a special speaker evening event with Ms. Savleen Bajaj, an internationally recognized Executive Master Coach, Professional Speaker, Author, Facilitator and Consultant. The event is organized in cooperation with the American Management Association.

Date & Time:Thursday 10 May, 19.00-21.00
(registration from 18:30)
Place: Hotel Okura, Main Bldg. The Oak Room MAP
Cost:8,000 yen for members, non-members 12,000 yen
Registration:by Monday 7 May

For more information on Ms. Bajaj and the event, including registration, go to the DCCJ web site by clicking link below. Note that you should register directly with the DCCJ, as soon as possible.
Finnish Popular Music in Japan
Friday 25 May - FCCJ Luncheon Meeting

At our luncheon meeting in May, held on Friday 25th, we will have Ms. Pauliina Ahokas, Director, Music Export Finland (Musex Finland) as our guest speaker. Ms. Ahokas is then in Japan with a large group of Finnish musicians, publishers and agents for the Finland Fest 2007, this year's Finnish Music Days in Tokyo, held from 24th to 27th of May. For more about the Music Days, click Musex logo above.

Date & Time:Friday 25 May, 12.00-14.00
Place: Hotel Okura, Main Bldg. The Clifford Room MAP
Cost:7,000 yen for members, non-members 8,000 yen
Registration:by Wednesday 23 May

Profile of Pauliina Ahokas
Education: M.Sc. Humanities 1998. Major in musicology, minor in business administration.
Positions held: 1991-1994: Promoter and manager of PR for a rock and jazz club in Prague; 1994-1998: Various productions for artists and events. Finishes university studies; 1998-1999: Manager of marketing and public relations for the Down by the Laituri city festival; 1999-2002: Arts manager for the Finnish Institute in London; 2002- : Director of Music Export Finland

About Music Export Finland
Music Export Finland (Musex Finland) is an export association that represents the entire Finnish music industry. It was started up in December 2002 as an export group of 12 founding member companies and organisations to initiate and facilitate the marketing, promotion and sales of Finnish popular music abroad.

If you would like attend and have not yet registered, please click link at right.
Japanese Government Procurement for Fiscal Year 2007

The Ministry of Foreign Affairs of Japan held a seminar on 27 April to domestic and foreign suppliers and the members of foreign missions interested in the Japanese Government Procurements for fiscal year 2007.

At the seminar, lists of the producurement plans of the ministries and related agencies were distributed. The lists cover a wide variety of services and products Finnish companies interested in receiving lists by mail or fax of the procurement lists of can contact Juha Niemi, First Secretary at the Embassy of Finland, by clicking link below.

Guidelines and suggestions for accessing the Government Procurement Market in Japan kan be found at the Ministry of Foreign Affairs web site.
News from Finland

Finnair cruises back into black in first quarter

Finnish flag carrier Finnair on Friday reported a January-March pretax profit of 13.4 million euros versus a year-ago loss of 5.2 million, thanks to strong demand and falling unit costs.

Sales grew by 10 per cent year-on-year to about 529 million euros.

"We have worked hard to improve efficiency and profitability of the company, and in this work we have not been able to avoid painful solutions. Through our own actions we have, however, managed to turn last year's weak financial performance into a clearly better effort this year," Jukka Hienonen, the chief executive of Finnair, said in a statement, referring to the carrier's ongoing 80-million-euro efficiency programme.

Grin of the week

Product news from Apple

Apple Computer announced today that it has developed a computer chip that can store and play music in women's breast implants.

The iBreast will cost $499 to $599.

This is considered to be a major breakthrough because women are always complaining about men staring at their breasts and not listening to them.

Have a good week & Best regards

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

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This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 600 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 63 corporate members, 16 individual and one special member.