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  ISSUE 10/2015 22 April 2015  
Dear !*TITLE*! !*LASTNAME*!,

The Stora Enso Cup, the Golf Challenge between the Finnish and Swedish Chambers, was played on Friday, 17 April. FCCJ won this time, but that was the most important, main thing was that the members enjoyed it very much! Read more about the event below.

Our next event is a luncheon meeting on Monday, 1 June when we have Mr. Roleff Kråkström, Managing Director, Moomin Characters Ltd. as our guest speaker.
Read more about this as well below.

The 27th edition of the Foreign Chambers Business Confidence survey is ongoing. If you are at a Finnish affiliated company and have not yet participated in the survey, do so by clicking banner at right. The survey, run by FCCJ, is very simple, we do not ask for any "hard data", just your opinions, so it should not take more than 3-4 minutes to complete!
Dead-line is on Friday.

This week we also have a new contribution from our columnist in his Aoyama View column, this time titled: "Elections, elections - Finland, Japan, Around the World ".

Click banner at right for an good read on not just elections but other issues as well!


Stora Enso Japan's Tuomo Kuuppo (left) presents the trophy to FCCJ Vice Presidents Masaoki Fujita (Best net) and Marko Saarelainen and Board of Trustees member Hirokuni Yoshida (2nd best net).
Friday, 17 April - SCCJ-FCCJ Golf Challenge
FCCJ takes back the Stora Enso Cup!

The 26th Stora Enso Cup, the golf challenge between the Swedish and Finnish Chambers was played on Friday, 17 April at Golf Club Narita Hightree in Chiba Prefecture. The event was played in very warm and mosttly sunny spring weather

32 players participated in the competition (22 from FCCJ, 10 from SCCJ), including four guests. Notable was that 21 of the players were Japanese.

After the Swedish Chamber had won the previous event in November 2014, the Fiinish Chamber got now revenge, beating the SCCJ by a fairly clear margin, 1.5 strokes, 81.9 versus 84.4 as average for the best 80% in each team. The FCCJ has six more wins than the SCCJ, 16 against 10.

For a full report from the event, click link at right!

Monday, 1 June - FCCJ Luncheon Meeting
Roleff Kråkström, Managing Director, Moomin Characters Ltd.

Our next luncheon meeting will held on Monday, 1 June when we have Mr. Roleff Kråkström, Managing Director, Moomin Characters Ltd. as our guest speaker.
The theme of Mr. Kråkström's presentation is: "The Moomin Story in Japan: A lot of hard work, but also some good luck".

Date & Time:Monday, 1 June, 12.00-14:00
Venue: Hotel Okura, Kensington Terrace, South Wing 10F [MAP]
Cost:Members 6,000 yen, Guests 8,000 yen
Registration:by Thursday, 28 May

About Roleff Kråkström
Roleff Kråkström has been the Managing Director of Moomin Characters Ltd. since 2008. Previosuly he worked as Marketing Director at WSOY, Finland's largest publisher.

About Moomin Characters Ltd.
Moomin Characters Ltd is the official body responsible for Moomin copyright supervision. Its operations are based on selling licenses and on finding partners that are number one in their field. Every product and concept is carefully examined. With a few exceptions, the company tries to use Tove Jansson's original illustrations.

Moomin has become a world-wide brand with more than 450 licensees world-wide. All of the Moominvalley characters are globally registered trademarks.

We collect the luncheon fee at the hotel. Note that we have to invoice the lunch fee for cancellations after 13:00 on Friday, 29 May and "no-shows".

Company Representative No Longer Required to be a Japanese Resident

In order to facilitate further inbound investment into Japan, the Abe administration has decided to abolish the requirement that each company should have at least one Japanese resident as a representative director. This change of policy is good news for international companies which have or wish to establish a subsidiary in Japan and also for international sponsors investing in Japan.

On 16 March 2015, the Ministry of Justice (MOJ) announced that it had done away with its previous policy and would accept applications for the registration of companies without Japanese resident representative directors from that date. The MOJ had previously insisted that at least one representative director should be a resident of Japan.

The previous policy sometimes proved problematic for many international companies which wished to establish subsidiaries in Japan but did not have local personnel suitable for the representative role. Now that this policy has been set aside, international companies can appoint a non-resident representative and establish a subsidiary relatively quickly without having to find a local representative.

For more information, provided by Clifford Chance, click link at right.

News from Finland

Finnish Election Reactions

According to an analyst in Tuesday's Helsingin Sanomat, Prime Minister-elect Juha Sipila's party wants to "put a government together quickly." The paper wrote that Sipila and his Centre Party want to nail down the parties that will make up the next government within the next month.

Sipila is preparing the steps toward starting his new job as prime minister and building a new government on Monday, the paper wrote. And the three parties which got the most support in the elections are keen to join the Centre leadership.

Social Democratic Party leader Antti Rinne has said that his party, which lost a total of eight seats in Sunday's election, is not prepared to go into coalition with the conservative National Coalition Party, the paper wrote.

Will Finland's next PM be richest ever?
Evening tabloid Ilta-Sanomat posed the question on page five of its Tuesday issue: "Is Juha Sipila Finland's richest prime minister of all time?"

The paper goes on to detail Sipila's work history, who only politics when he won a seat in Parliament four years ago. Sipila, a 53-year-old businessman, had already become a millionaire in his early 30s when he sold his IT company for 12 million euros in 1996, the paper wrote.

Grin of the Week

A Different Father

A very elderly couple is having an elegant dinner to celebrate their 75th wedding anniversary. The old man leans forward and says softly to his wife "Dear, there is something that I must ask you. It has always bothered me that our tenth child never quite looked like the rest of our children. Now I want to assure you that these 75 years have been the most wonderful experience I could have ever hoped for, and your answer cannot take all that away.
But,.. I must know, did he have a different father?"

...The wife drops her head, unable to look her husband in the eye, she paused for moment and then confessed. "Yes. Yes he did."

...The old man is very shaken, the reality of what his wife was admitting hit him harder than he had expected. With a tear in his eye he asks

"Who?.. Who was he? Who was the father?"

...Again the old woman drops her head, saying nothing at first as she tried to muster the courage to tell the truth to her husband. Then, finally, she says "You".
Best regards

Clas G. Bystedt
If you have any comments, rumors, gossip or inside information,
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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.