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  ISSUE 10

8 May, 2001  


Back to business after a long Golden Week holiday. And Prime Minister Koizumi seems to take his business seriously. Might be we finally could expect a more dramatic turn in the Japanses economy than what his predecessors have achieved.

Our businesses this week;

FCCJ Luncheon Meeting 23 May
At our May meeting we will have a a Finnish Minister as Guest Speaker.
Mr. Kimmo Sasi, Minister of Foreign Trade is in Tokyo and will speak at our meeting on Wednesday 23 May at 12:00 at Capitol Tokyu Hotel, White Pearl Room. The theme of his presentation will be:
'The Visions of the Finnish Foreign Trade in Light of the Success in the 90's'.
As the banquet room accommodates more than 100 persons, you could use this occasion to invite your business associates in Japan for the event.
Note that we collect the participation fee of 7,000 yen at the door and provide you with a receipt.

To register (by Monday 21 May), please click the link to the right.

Report from April Luncheon Meeting
The April Luncheon meeting was held on Friday 27 April at Capitol Tokyu Hotel.
The theme was very timely, taking into account the debate on when the 3G would actually be introduced in Japan. Mr. Takagawa claimed that one main reason behind DoCoMo's delay in launching full scale 3G operation was that the international 3G standards were finalized only in March.
The meeting was attended by 29 members and guests. For more about the luncheon meeting, visit our web site by clicking link to the right.
Finland-Japan IT seminar 22 May
On the occasion of the visit of Foreign Minister Sasi, the Finland Trade Center (FINPRO), in cooperation with JETRO, NIKKEI and the National Technology Agency of Finland (TEKES), will organize the 'Finland Japan IT Seminar at
Hotel Okura on Tuesday 22 May, 15:00-18:00.
Topics of the seminar are 3G, Mobile Internet in the international context as well as the coo-operation of Japanese and Finnish IT companies. Apart from Minister Sasi, the speakers include Mr. Kenji Tachikawa, President of NTT DoCoMo, Mr. Koichi Sakata, President of J-Phone and Dr. Juhani Kuusi, Senior Vice President, Research and Head of Nokia Research Center.
FCCJ members are invited to participate in this seminar. If you have not received invitatation directly from the organizers, please register by clicking link to the right, at latest by 11 May. The seminar is free of charge. After receiving your registration, we will send you the detailed program.
The EBC's year 2000 white paper, "Issues for the New Millennium - The EBC Report on the Japanese Business Environment", was produced due to the generous financial support of many committee members. Thanks to the high quality of this publication, the EBC is now increasingly regarded by the Japanese government and by the EBC's Japanese and foreign counterpart organisations as a "one-stop" point of contact for discussion and collaboration and as a European counterpart to the American industry presence in Japan.
Accordingly, it has been indicated by that the EBC should capitalize on the important forward steps taken by the EBC last year and that production of a Year 2001 version of the white paper should have the highest priority among EBC's activities this year.
In order to produce English and Japanese white papers simultaneously for release in September, the EBC has decided to ask the members to sponsor the publication as either "Special Sponsors" or "Sponsors" in return for visible acknowledgment in the 2 volumes. Several pages would be allocated to the acknowledgements, with the names of the sponsor companies listed in large print (with 10-20 names per page). It has also been decided to take orders for the white papers.

The following sponsorship and purchase price structure has been set:
  • Special Sponsorship: 100,000 yen (Company name on a 10-name page)
  • Sponsorship: 50,000 yen (Company name on a 20-name page)
    PURCHASE OF WHITE PAPERS (including postage):
  • 5,000 yen per copy
    If you would like to support the white paper as either a "Special Sponsor" or "Sponsor" and/or would like to order copies please click links to the right and print out the forms and return them to the EBC secretariat by fax 03-3263-6223.

    News from Finland
    Metso fourfolds profit
    Metso, with 30 to 40 pct of the world's paper machine market, raised its Q1 operating profit fourfold to EUR 66 million from EUR million in Q1 2000. Turnover rose to EUR 1 billion from EUR 860 million. Born of a merger between Valmet and Rauma, Metso earns 30 % of its turn-over from servicing.

    US uncertainty and foot and mouth disease in the UK have hit golf club sales hard, said sports goods and multi-sector firm Amer. But Suunto wrist computers and costlier tobacco kept Q1 group operating profit almost unchanged at EUR 14.4 million on turn-over up 4 % to EUR 276 million.

    For more news, click link to the right.

    Grin of the Week
    A New English Language
    The European Commission has just announced an agreement whereby English will be the official language of the EU rather than German which was the other possibility. As part of the negotiations, Her Majesty's Government conceded that English spelling had some room for improvement and has accepted a 5 year phase-in plan that would be known as "Euro-English".

    In the first year, "s" will replace the soft "c". Sertainly, this will make the sivil servants jump with joy. The hard "c" will be dropped in favour of the"k". This should klear up konfusion and keyboards kan have 1 less letter.
    There will be growing publik enthusiasm in the sekond year, when the troublesome "ph" will be replaced with "f". This will make words like "fotograf" 20% shorter.
    In the 3rd year, publik akseptanse of the new spelling kan be ekspekted to reach the stage where more komplikated changes are possible. Governments will enkorage the removal of double letters, which have always ben a deterent to akurate speling. Also, al wil agre that the horible mes of the silent "e"s in the language is disgraseful, and they should go away. By the fourth year, peopl wil be reseptiv to steps such as replasing "th" with "z" and "w" with "v". During ze fifz year, ze unesesary "o" kan be dropd from vords kontaining "ou" and similar changes vud of kors be aplid to ozer kombinations of leters.
    After zis fifz yer, ve vil hav a reli sensibl riten styl. Zer vil be no mor trubl or difikultis and evrivun vil find it ezi to understand ech ozer. Ze drem vil finali kum tru!

    Sorry, this was a bit long, but I zink it is quite funny... right?

    Best regards

    Clas G. Bystedt

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    This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 240 persons among its members and related organizations.
    FCCJ was established in April 1999 to promote trade and economic exchage between Japan and Finland and has today 72 corporate members.