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  ISSUE 7/2018 16 March 2018 
Dear !*TITLE*! !*LASTNAME*!,

We had an interesting breakfast meeting yesterday with Finnair's CEO Pekka Vauramo, who was in town to celebrate the 35th anniversary of flights between Helsinki and Tokyo. Read the report from the meeting which was jointly organized with the other Nordic Chambers.

Next up are our events in April, the Annual General Assembly held on Tuesday, 3 April at the Embassy and the Stora Enso Cup - the Sweden-Finland Golf Challenge on Friday, 13 April at Taiheiyo Club Gotemba West in Shizuoka pref. Read more about these below!

SAVE THE DATE - Tuesday, 8 May!

We have just agreed with the Embassy and Business Finland to organize a comprehensive Team Finland Seminar regarding the EU-Japan Economic Partnership Agreement (EPA) with the EU Delegation to Japan EPA specialists Marjut Hannonen and Mervi Kahlos on Tuesday, 8 May at the Embassy, starting at 16:00 followed by a networking reception.
More information in my coming bulletins!

Our "Aoyama View" columnist has provided another contribution, this time titled "Anniversaries, updates, fallacies and deception".

Click banner at right for great insights in a wide variety of issues. As the conclusion at the end of the column says: "We sure live confusing times today".

Report from the Joint Nordic Breakfast with Finnair CEO Pekka Vauramo

On Thursday, 15 March the FCCJ organized in cooperation with Finnair a Joint Nordic Breakfast Meeting with one of the most prominent Finnish business leaders, Mr. Pekka Vauramo, the President & CEO of Finnair as our speaker.

In his presentation Mr. Vauramo pointed out that 2017 was very successful for Finnair representing the fastest growth in their history with revenue up 11% and operating result three times that of the previous year. They carried about 12 million passengers with a load factor of 83.3.

Japan is a very important market for Finnair, the largest after Finland. This summer they will have 31 weekly flights to Japan, 38 by adding the daily code share flight with Japan Airlines. Finnair is the largest European airline to Japan measured by number of flights and Helsinki is the second biggest gateway from Japan in Europe, right after Paris.

The event, ending in a very lively Q&A session, was attended by 36 members from FCCJ and the Swedish, Danish, Norwegian and Icelandic Chambers.

For a full report from the event, click links at right!
Tuesday, 3 April
FCCJ Annual General Assembly

The 19th Ordinary Annual General Assembly of FCCJ will be held

on Tuesday, 3 April, 2017 at 17.00
at the Embassy of Finland,, 3-5-39, Minami-Azabu, Minato-ku, Tokyo [MAP]

The General Assembly will handle matters according to Article 10 in the Articles of Association.

After the Assembly (at 18:00) we will have a dinner hosted by Minister-Counsellor Juha Niemi.

This is a member only event and he dinner is free for one representative/member. If space available, additional representatives from member companies can be accepted, but will charged 7,000 yen per person. To register, please click link at right, no later than Tuesday, 27 March.
Friday, 13 April - Sweden-Finland Golf Challenge
Stora Enso Cup - Spring 2018
The 30th Sweden-Finland Golf Challenge - the team competition between the SCCJ and FCCJ members - the Stora Enso Cup, is played on Friday, 13 April for a trophy donated by Stora Enso Japan K.K..

The venue is Taiheiyo Club Gotemba West, in Shizuoka prefecture, which has been the venue for the event seven times in the past. First tee-off is at 9:32 and the cost is 18,040 yen, all included (play fee, caddie, lunch and party after play).

Please click link at right for more information and to sign up.
Thursday, 22 March - JMEC Alumni Association's WIRED Night #14
How Any Small Business in Japan Can Succeed Using Social Media

The JMEC Alumni Association is pleased to invite you to its next social event, JMEC WIRED Night #14 - with Ryan Aynz on using social media.

While large corporations in Japan are still focused on mail-box marketing, startups and small businesses here have the perfect opportunity to take the lead on the surging SNS growth taking place all over Tokyo.

Ryan has created 6 companies in the last 15 years and now runs Definition, a marketing platform that helps small businesses in Japan launch new product lines and grow their customer base using SNS education and implementation software.

Date: Thursday, March 22, 2018 from 19:00-21:30.
Place: ninetytwo 13 (Google Map) 9-2-13 Akasaka, Minato-ku, Tokyo
Price: 1,000 yen

For more information and to sign up for the event, click link at right.
News from Finland

Nordea Bank moves HQ to Helsinki

A general meeting of the largest pan-Nordic bank has green-lighted the plan to shift the HQ to Finland, which unlike the Scandinavian countries is a member of the European banking union and the eurozone.

Shareholders in the Nordic region's biggest bank, Nordea, have approved the transfer of the company's headquarters from Stockholm to Helsinki. At the annual general meeting in the Swedish capital on Thursday, the proposed move garnered 96.9 percent of votes. It would have only needed two thirds of votes to go through.

Nordea's board presented the plan last September. The main reason is that Finland is a member of the European banking union and the eurozone. Sweden and Nordea's other main countries of operation, Denmark and Norway, are not.

Nordea said last autumn that the move should be completed by October 2018.

The headquarters staff is expected to move to the Nordea Campus in Helsinki's Vallila district.

Nordea began to plan a move in February 2017 after the Swedish government said it would raise so-called resolution fees on banks in an effort to protect taxpayers from the costs of financial crises. Concerned that this could cost the bank as much as a billion euros, Nordea management began looking into moving the HQ to either Denmark or Finland - with Helsinki eventually getting the nod over Copenhagen.

As a large bank in Finland, Nordea will be directly overseen by the European Central Bank, as are OP and Danske Bank Finland. Smaller banks are supervised by the Finnish Financial Supervisory Authority.
Grin of the Week

Bear on a Rampage

Two campers were hiking in the forest when all of a sudden a bear jumps out of a bush and starts chasing them. Both campers start running for their lives, when one of them stops and starts to put on his running shoes.

His partner says, "What are you doing? You can't outrun a bear!"

His friend replies, "I don't have to outrun the bear, I only have to outrun you!"
Have a nice weekend &
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 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.