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  ISSUE 11/2014 12 May 2014  
Dear !*TITLE*! !*LASTNAME*!,

After two weeks with public holidays (hope you enjoyed them), we finally have an uninterrupted work week ahead of us. I know it is a bit early to talk about events in October and December, but we have now fixed the dates and venues for two major events - The Mercedes-Benz Japan Cup is held on Friday, 10 October at Atsugi Kokusai C.C. and the Scandinavian Christmas Ball will take place on Friday, 12 December at Westin Tokyo (confirmed one hour ago...). Mark these dates in your calendar!

Our next event is a Joint Nordic Chamber Business Luncheon, organized by FCCJ on Thursday, 29 May with one of Japan's most well-known economists, Mr. Masaaki Kanno, Managing Director and Chief Economist, JPMorgan Securities Japan, who will talk about "How Abenomics has changed Japan's economy - What is needed from now on". Read more below.

We have also a new column in "Aoyama View". How does the April VAT rise impact the consumer demand and economic growth? Is this the end of Abenomics? Like thousands of others, the frequent flyer Prime Minister is back from is back from his Golden Week trip to face new challenges. Aoyama View takes a look at the developments.
Click banner at right for another great read!

Thusday, 29 May - Joint Nordic Chambers Business Luncheon organized by FCCJ:
Masaaki Kanno: "How Abenomics has changed Japan's economy - What is needed from now on."
On Thursday, 29 May the FCCJ will organize jointly with the other Nordic chambers a Business Luncheon with one of Japan's preeminent economists, Mr Masaaki Kanno, Managing Director and Chief Economist, JPMorgan Securities Japan.

The theme of Mr Kanno's presentation is "How Abenomics has changed Japan's economy -
What is needed from now on.

  Date & Time:Thursday, 29 May, 12.00-14:00
 Venue: Grand Hyatt Tokyo, Basil, 2F [MAP]
  Cost:Members 6,000 yen, Guests 8,000 yen
  Registration:by Friday, 23 May

About Masaaki Kanno
  Mr. Masaaki Kanno is a Managing Director and Chief Economist, Japan. He is responsible for outlining the firm's official view on the Japanese economy.

He joined J.P. Morgan in April 1999. Prior to his arrival, Mr. Kanno was an Associate Director at the Research and Statistics Department of the Bank of Japan, where he worked since 1974. His career at the BoJ included serving as the Bank's Deputy Chief Representative in Europe, secretary to the Governor in charge of Diet issues and Chief FX Trader in the International Department as well as secondment to the Japan Center of Economic Research as a Senior Economist.He has been member of committees and councils of the ministries of the government, including SNA committee of the Cabinet Office and the Foreign Exchange Committee of the Ministry of Finance. In 2007 and 2008, he worked as member of the Financial Market Working Group, in Cabinet Office, which published the reports on reforming and deregulating Japan's financial and capital markets. He is also a regular commentator on Morning Satellite, early morning business program of TV Tokyo.

Mr. Kanno received a BA in Economics from the University of Tokyo in 1974 and an MA in Economics from the University of Chicago in 1979.

About J.P. Morgan
  JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at

We collect the luncheon fee at the hotel. Note that we have to invoice the lunch fee for cancellations after 13:00 on Tuesday, 27 May and "no-shows".

To register, click link at right.

Thursday, 29 May - Japan Market Expansion Competition Event
JMEC Business Innovation2 & ANZCCJ

In conjunction with the Australia New Zealand Chamber of Commerce, the founding Chamber of JMEC, we are pleased to invite you to JMEC Business Innovation2 on Thursday, May 29th.

When: Thursday May 29, 19:00-21:30. Doors open 18:30.
Where: Tokyo American Club, access: Kamiyacho Station. 5 min. walk from Exit 2.
Entry Fee: 4,000 yen prepaid. 5,000 yen at the door.
Sign up on Peatix

This event series features business speakers presenting on current topics in the areas of business innovation, strategy, marketing, professional development and training.


Dominic Carter. CEO, The Carter Group & Japanese Wabi-Sabi Entrepreneur
How a Modern Wabi-Sabi Craft Business Was Launched -
The inside story of the Wa Project - and the winning JMEC 19 business plan!

Dominic Carter will share the inside story of his highly interesting and exciting Wa Group Project - a project based on the winning JMEC 19 business plan. Dominic has a well established and successful market research business in Japan and Asia, in the form of The Carter Group. However, he also has a long-time passion for Japanese craft - in particular with a modern wabi-sabi design.

Makoto Ariga. Director, HR, Hewlett Packard Japan
Developing Leaders for a Global Business Environment - An HP Perspective

Makoto Ariga, is the Head of Human resources at HP Japan - where he is an active member of the HR Leadership team as well as the HP Japan Management Committee. Before joining HP in 2010, Ariga held a number of senior management positions at several companies - both in general management as well as HR. His two most recent positions prior to HP were as President & CEO of Eddie Bauer Japan and HR Director at IBM Japan.

News from Finland

Vapaavuori to South Korea to speed up shipyards deal

Minister of Economic Affairs Jan Vapaavuori will travel to South Korea with the hope of accelerating a possible shipyards deal. The Finnish State and a German cruise ship manufacturer are considering the purchase of the STX Finland Turku operations from the current South Korean owners.

News broke on Thursday of possible joint bid from the Finnish State and Meyer Werft, a German shipyard specializing in luxury cruise ships, to purchase the STX Finland shipyards in Turku.

Vapaavuori will start his week on Tuesday meeting with the company leadership of the STX Offshore & Shipbuilding.

"It is very important that the process move forward as quickly as possible in Korea as well. Negotiations are obviously in the early stages, but time is of the essence. I hope that my appointments with the STX leadership and the Korea's industry ministry will make some progress," said Vapaavuori.

Grin of the Week

The Good News and the Bad News

An artist asked the gallery owner if there had been any interest in his paintings on display at that time.

"I have good news and bad news," the owner replied. "The good news is that a gentleman inquired about your work and wondered if it would appreciate in value after your death. When I told him it would, he bought all 15 of your paintings."

"That's wonderful," the artist exclaimed. "What's the bad news?"

"The guy was your doctor."
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.