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  ISSUE 12/2018 9 May 2018 
Dear !*TITLE*! !*LASTNAME*!,

We had a very informative Team Finland seminar yesterday regarding the EU-Japan Economic Partnership Agreement at the Embassy with specialists from EU Delegation to Japan. Read the report below.

On a short notice we would like to announce a Joint Nordic Breakfast Seminar on Wednesday, 16 May with Scandinavian Airlines Executive Vice President, Ms. Annelie Naessen, who will give an update on the future of SAS. See details below!

The results of the 33rd Foreign Chambers Business Confidence Survey are now in, pretty encouraging! See more below.

The second FCCJ Fishing Tour on Sat. 23 June. As we have limited space (5 slots left), better sign up soon. To do so, and for more information, click here.


Report from the EU-Japan EPA Seminar on Tuesday, 8 May


The presenters pose for a photo after the seminar.
On Wednesday, 8 May, the Team Finland organized a seminar on the EU-Japan Economic Partnership Agreement (EPA) at the Embassy of Finland.

The seminar was opened by Ambassador Jukka Siukosaari and then we had two experts on the agreement from the Trade and Economic Section of the EU Delegation to Japan, Marjut Hannonen, Minister-Counsellor, Head of Trade and Economic Section and Mervi Kahlos, Counsellor.

Ari Honkanen of the Embassy explained about the Team Finland services, Clas Bystedt of FCCJ presented the results of the recent Foreign Chambers Business Confidence Survey and Pekka Laitinen of Business Finland moderated an active Q&A session.

The event, attended by 46 members and invitees, ended with a networking cocktail.

For a report from the event, including the presentations, click link at right!
Wednesday, 16 May - Joint Nordic Breakfast seminar:
SAS strategy and longterm plan globally and in Japan?

Members of the Swedish, Danish, Finnish, Norwegian and Icelandic Chambers of Commerce are invited for a special breakfast seminar with Scandianvian Airlines Executive Vice President and member of top management in SAS, Ms. Annelie Naessen who will give an update on the future of SAS.

Join to get first-hand information from the top management and learn about the exciting announcement on further expansion plans in Japan.

Details:
  Date & Time:Wednesday, 16 May, 08.30-10:00
 Venue: Embassy of Sweden, Club Room (B1) [MAP]
  Cost:Free - Members only(Sandwiches and coffe/tea will be served)
  Registration:by Friday, 11 May

Speaker profile
  Annelie Nässén has held many leading commercial positions at SAS since 1989. She has experience from Digital and B2B sales, pricing, revenue management, distribution customer service, EGO Stores and SAS Trading Travel Retail etc. Her most recent position was VP Global Sales & Revenue Management.

Note that seats are limited and reserved on a first-come, first-serve basis. So sign-up soon by clicking link at right!
Tuesday, 8 May - The 33rd Foreign Chambers Business Confidence Survey -
'Businesses Thrive in an Improving Environment'

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 33rd, survey was conducted between April 18 and 27, 2018, and received 172 valid responses from members of 17 foreign chambers of commerce in Japan.

The healthy growth forecasted for the Japanese economy that started in the Fall 2016 survey, continued in this survey albeit at a slightly lower level than in the previous survey conducted in October 2017. But the respondents remain positive about the Japanese economy, for the next 6 months the index, on a scale from +2 (strong improvement) to -2 (strong decline) - was now +0.61, compared to +0.67 in October. Looking 12 months ahead, the respondents see a further improvement in the economy but slightly than forecasted in the previous survey. The index was now +0.63, compared to +0.73 in the previous survey.

The positive views on the economy was also reflected in the performance of the companies. The index for reported sales performance in the past six months was now +0.86, the highest reported since Spring 2006, compared to +0.77 the previous survey. Also the profitability growth increased slightly, now +0.65 now compared to +0.61 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. 77% are looking for further growth and 22 % are expecting to sustain their current level. Only one of the respondents is planning to downsize and also only one respondent is 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!
One of the most popular joint chamber functions of the year, this party attracts more than 300 business people from different chambers, for an evening of great food, drink, fun and networking at Roppongi Hills Club!

Do register soon for this event, as tickets will sell out quickly!

This event is organized by the Canadian Chamber of Commerce in Japan with support from more than 10 other foreign Chambers in Tokyo. Joint chamber events are a fantastic opportunity for members and friends of participating chambers to make new contacts, and grow their networks

Details:
  Date & Time:Thursday, 7 June, 18.30-21:00
 Venue: Roppongi Hills Club, 51F, 6-10-1 Roppongi, Minato-ku [MAP]
  Cost:Members 8,500 yen, others 10,000 yen
  Registration:by Monday, 28 May

Food and Drink: Buffet meal with free-flowing beverages including wine, beer, soft drinks, and cocktails are available on cash bar.

To sign-up, please click link at right!
News from Finland

Ministry: Over 55s lead rise in employment rates

An uptick in exports, increasing domestic consumption and growing corporate investments have been driving rising employment rates in Finland.

New figures from the Ministry for Employment and Economic Affairs indicate that workers aged 55 to 64 are leading the charge toward rising employment.

According to ministry advisor Johanna Alatalo, officials were initially sceptical of the numbers. She added that it's now beginning to seem that government is getting closer to its goal of achieving 72 percent employment by 2019.

gNo one really thought they were realistic. It's now beginning to seem that we are getting somewhat close to the goal. During the last four to five months employment has grown a great deal,h she noted.

The rebound in employment figures can be attributed to stronger than expected economic growth. Exports have picked up, consumption is on the increase and investors are becoming more active, officials pointed out.
Grin of the Week

The price you pay for vanity

This 60 year old woman was walking along 5th Avenue when she heard a voice from above "You will live to be 100."

She looked around and didn't see anyone. Again she heard "You will live to be 100."

Boy, she thought to herself, that was the voice of God. I've got 40 more years to live!

So off she went to the plastic surgeon. She got everything fixed from head to toe.

When she left the plastic surgeon's office, she got hit by a bus,died, and went up to heaven.

She said to God "You told me I would live to be 100. I was supposed to have had 40 more years.
So how come you let the bus kill me?".

God said: "I didn't recognize you".
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 62 corporate members, 18 individual and two special members.