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  ISSUE 6/2002

12 FEBRUARY, 2002  


Anyone else feel that the extended weekends only makes you more tired? Well, might be just me, for a reason. Skiing for two days and trying to keep pace with youngsters almost half your age might be too much for an old man. Perhaps I have to find some less exhausting hobby. But still, skiing is nice, and afterwards you feel that you have done something physical.
But, back to business!

February Luncheon Meeting - last reminder
Date & Time:Friday, 15 February, 12.00 -14.00
Place: Capitol Tokyu Hotel, Take Room
Cost:7,000 yen (collected at door)
Our guest speaker is Mr. Makoto Sasagawa, General Manager, Sales & Marketing Department, Europe Division, Toyota Motor Corporation.
The theme of his presentation is:
"Toyota in Europe as well as in Nordic countries (history and future, Toyota's strategy)". Mr. Sasagawa has also promised to give some comments on Toyota's entry into Formula 1.
If you plan to attend, and have not yet registered, do so by clicking link at right, at latest tomorrow Wednesday.
If you would like to check if you are on the list and see who else has already registered, click HERE .

FCCJ Seminar:
Tax Issues for Expatriates
Date & Time:Fri 1 or Mon. 4 March 18:00-20:00
Place: Nippon Finnpap, Akasaka, Tokyo
Cost:5,000 yen (incl. light meal)
It is soon taxation time for most expats. To give you an insight in the Japanese taxation, and some valuable tips, FCCJ organizes the second tax seminar were Mr. Yoshinori Sano, Certified Public Accountant, FCCJ member and well known among the Finnish business community, is our expert on these issues.
Preliminary content
  • Classification by resident status
  • Tax convention (treaty)
  • Non-taxable/taxable benefits
  • Deductions from income/tax table
  • Local inhabitant tax
  • Quasi-income tax return
  • Stock options
  • Q & A

  • We have still two options for the date (see above), so when you register, please inform which date you prefer, or if both are OK.
    EBC Seminar:
    Corporate Tax Reform in Japan
    Date & Time:Wednesday, 27 February, 17:00-19:00
    Place: EU-Japan Centre
    Cost:2,000 yen
    The corporate tax regime in Japan is undergoing a period of fundamental change. Tax facilitated corporate reorganisations were introduced in FY2001, and a consolidated tax system will be retroactively be introduced for FY2002. How will these changes affect your business? What are the advantages and disadvantages of these reforms?
    Join experts from the EBC's Tax Committee in an open session exploring these issues. A Q&A session will form part of the event.
    For more about the seminar, and registration form, click link at right.

    Japan Market Entry Competition
    JMEC is a very successful management training program sponsored by FCCJ in partnership with nine other foreign Chambers, and The Delegation of the European Commission (EU).
    Company sponsors are a big part of the success of the JMEC program which has already trained over 370 middle-management personnel for companies, like yours, operating in Japan.
    Company sponsors can gain access to the pool of highly motivated JMEC graduates. Top sponsors may also enroll employees in the JMEC Program free of charge.
    The 8th JMEC Program is currently underway and will conclude on May 24th when this year's winners will be announced at the Awards Dinner. JMEC is now seeking sponsors for this event.
    Sponsorship may be in the form of a cash donation or products from your company. Please click link at right for full details of the sponsorship program.
    FCCJ News No. 18

    The February issue of FCCJ News was mailed out last week.
    The feature article in this issue is a recap from our January luncheon meeting with Mr. Robert Feldman. Other stories include reports from luncheon meetings, a member company presentation (Kone Japan), and much more.
    If you do not receive a copy, or want additional, please make an order by clicking link below.
    Do you need bilingual part-time IT/Network Support?
    A young Finnish IT professional, Mr. Leo Linnamaa, is looking for an opportunity to work for a Finnish company in Japan. As it seems to be difficult for him to find a full time position, and as a couple of FCCJ member companies have already basically agreed to hire him for one day a week each, we are now trying to help him to find other companies that might need similar kind of services, i.e. IT/Network support on a flexible, part-time basis.
    Mr. Linnamaa's fileds of expertise include:
  • data security & secured connections
  • tailored IT/Network support
  • server & workstation support
  • software & Hardware solutions
  • Java based web solutions
    Mr. Linnamaa would be available from May and he speaks some Japanese, and learning more fast.
    If you would like to discuss this idea further, drop me a mail by clicking link at right.
    News from Finland
    Better for some
    Industry sentiment has improved dramatically since autumn, but it depends who you ask. Industry and employers' lobby TT said 19 % of firms see a better future, compared with 9 % who fear worse ahead. But that leaves 72 % who expect no change.
    TT reckons this first quarter will remain grim but that Q2 will improve particularly for exporters. Gainers should include electronics, forest and to some extent chemical firms.
    TT reiterated its belief in 1-2 % growth this year; Nordea's 2.7 % is far too optimistic, it said.

    Grin of the Week
    10 ways to know you've grown up
    1. You keep more food than beer in the fridge.
    2. 6:00 AM is when you get up, not when you go to sleep.
    3. Jeans and a sweater no longer qualify as 'dressed up.'
    4. Your car insurance goes down and your car payments go up.
    5. Sleeping on the couch makes your back hurt.
    6. Dinner and a movie - The whole date instead of the beginning of one.
    7. A 600 yen bottle of wine is no longer 'pretty good stuff.'
    8. "I just can't drink the way I used to," replaces "I'm never going to drink that much again."
    9. Over 90% of the time you spend in front of a computer is for real work.
    10. You don't drink at home to save money before going to a bar.
  • If all 10 apply to you, then you're my age... well, no 2. does not really apply to me...

    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 300 persons 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 74 corporate members.