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  ISSUE 7/2006

14 March 2006  


This bulletin has a couple of important announcements to our members, but also one that should be of interest to all EU member state companies, the EU Executive Training Programme: ETP Japan and ETP Korea. The ETP programs have proven to be a very cost-efficient tool to train staff for the Japanese and Korean markets and a large number of executives at European companies in Japan are graduates of the ETP program. The program has now been streamlined and academically upgraded and now the European Business Council (EBC) is serving as the official helpdesk in Japan.
Please scroll down for more information on the ETP.

Wed. 5 April - FCCJ Annual General Assembly

The seventh Annual General Assembly of the FCCJ will be held at
the Embassy of Finland on Wednessday, 5 April at 17.00.

The General Assembly will be followed by a reception hosted by H.E. Ambassador Jorma Julin at 18:30.
The Reception is free for one representative per FCCJ member, additional participants will be charged 7,000 yen. Note that the General Assembly is open only to members and representatives of member companies.

If you would like to attend, please click link below.
Stora Enso Cup:
Fri. 14 April - Sweden-Finland Golf Challenge
The 9th Sweden-Finland Golf Challenge (team competition between the Finnish and the Swedish Chambers) is played on Friday 14 April for a trophy donated by Stora Enso Japan K.K.
This time the event is organized by SCCJ and we have decided to use the same venue as last time, the Windsor Park Golf & Country Club in Ibaraki Prefecture.

Date & Time:Friday, 14 April, first tee-off 09:29
Place: Windsor Park Golf & Country Club, Ibaraki Pref. [MAP]
Play format: Stroke play with handicap
Cost:11,000 yen (incl. green fee, sandwich lunch, party and tax)
Registration:by Friday 31 March

For further information, please click link below for a flyer which also contains a registration form. You could also  email your registration   to me.

Report from visit to IKEA Store in Funabashi

The Swedish Chamber and IKEA Japan organized a visit for members of the Nordic chamber to the IKEA store in Funabashi which will be officially opened on 24 April.

IKEA Japan Country Manager, Tommy Kullberg, and his staff gave the 120 participants a very interesting insight in the plans IKEA has for Japan, and a tour around the impressive facilities. Judging from the comments from the participants, they cannot wait for the store to open to be able to do some serious shopping!
Thank you to Tommy and his staff for the tour and hospitality!

For many pictures from the event, click link below to the SCCJ web site.
Wed. 29 March - EBC Seminar: Corporate Law and Tax Developments in Japan - Implications for European Companies

The upcoming changes in Corporate and Tax Laws in 2006 will impact the way European companies can do business in Japan. A seminar by the EBC Tax and Legal Committee will focus on the main corporate and tax aspects relevant to your business.


Date & Time:Wednesday, 29 March, 16.30-18.30
Place: Delegation of the European Commission in Japan
Europa House
9-15 Sanbancho, Chiyoda-ku, TOKYO    MAP
Cost:5,000 yen payable at the door (receipt will be provided)
Registration:by Fri. 24 March
Sat. 22 April - FEW 14th Career Strategies Seminar

Foreign Executive Women (FEW) presents the 14th Career Strategies Seminar at Temple University Japan on Saturday, April 22nd. The seminar is aimed at foreign women who are seeking to achieve success in their careers in Japan.

Inspirational presentations will be made by foreign professional women who have made their mark in the Japanese business world. In addition to the keynote speeches, there will be a series of interactive workshops which will provide in-depth information on selected industries and fields.

Time: 9:00am - 6:00pm. For information and to register, email fewcss2006@yahoo.com or visit http://www.fewjapan.com

Recruitment of Candidates for ETP Japan and ETP Korea

European Business Council in Japan (EBC) is serving as the official helpdesk in Japan for the two brand new, streamlined and academically upgraded arms of the Executive Training Programme: ETP Japan and ETP Korea. The length of the program has been shortened and the link between the European company and the participant has been strengthened reducing the burden of absence on both the company and the participating executive

This is a golden opportunity to train one of your company's European executives for one of these markets in a short time with substantial financial support from the European Commission. This program is open to all European nationals who are working for companies of the 25 EU Member States. Participants can be drawn from the company's employees already based in Japan.

Outstanding new features of the redesigned programs include the following:
  • The overall program has been shortened from 18 months to just 12 months, thereby reducing the burden of employee absence from the company.
  • The participants remain largely based in their companies for the first 3 months of language and business culture training, which is conducted by distance education and only requires time off to join short intensive-immersion training sessions.
  • The next 6-month period of intensive language and business culture training is spent at Waseda University in Tokyo, or Yonsei University in Seoul.
  • The remaining 3-month period is spent as an intern in Japanese or Korean companies.
  • During the 3-month internship in Japan or Korea, the participant will be required to prepare a strategic business plan for his/her original EU employer.
  • To support successful applicants during the 9-month period in Japan or Korea, the European Commission will provide a grant of 22,500 euros.
  • The cost of the university education (excluding travel and accommodation) in Europe and Japan or Korea will be borne by the European Commission.

    Please refer to the attached PDF brochure for information. Information is also available on the new ETP website at http://www.etp.org/

    Key Dates
  • The deadline for application to the programs is June 1, 2006.
  • ETP Japan and ETP Korea will start in October 2006.

    The EBC will hold an event in the near future (date and details to be announced) with presentations from key stakeholders in this program to explain it more fully.

    Information and Assistance
    Alison Murray, Executive Director, European Business Council in Japan (EBC)
    Tel: 03-3263-6225; Fax: 03-3263-6223    E-mail: ebcam@gol.com
    News from Finland

    Finnish government plans response to record job cuts

    Mauri Pekkarinen (centre), the Finnish trade and industry minister, said Friday that a working group was expected to propose by 20 March how the government should help people and towns affected by massive job cuts.

    The government is to consider the proposed measures in its spring budget talks.

    Paper maker UPM-Kymmene announced Wednesday it would cut up to 3,000 jobs in Finland. The working group met UPM-Kymmene management on Friday. Anssi Paasivirta, the chairman of the working group, said only that it had received good and detailed information from the company.

    Grin of the week

    Long Life

    An old man was relaxing at his hundredtenth birthday party when a reporter went up to him. "Sir, what is the secret of your long life?"

    The man considered this for a moment, then replied, "Every day at 9 PM I have a glass of port. Good for the heart I've heard."

    The reporter replied, "That's ALL?"

    The man smiled, "That, and canceling my voyage on the Titanic."

  • That's all for now.

    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 72 corporate members, 16 individual and one special member.