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  ISSUE 9/2004

23 April, 2004  


I know that I am very bad at conveying negative news...
So had to wait for a week before I wanted to report that we lost again... against the Swedes. This time in golf at the Stora Enso Cup played last Friday. But at least we enjoyed a very nice day, and to our consolation, the winner of the individual competition represented FCCJ. No, it wasn't me, but close (I don't mean the score)...
Read more below.

SCCJ-FCCJ Golf Challenge:
The Swedish Chamber retained the Stora Enso Cup

The winners at the Stora Enso Cup
The fifth Stora Enso Cup - the Golf Challenge between the Swedish Chamber of Commerce in Japan (SCCJ) and FCCJ - was played in beautiful, sunny and warm weather on Friday 16 April at the Skyway Country Club near Narita airport in Chiba prefecture.

With 54 participants, this was the largest cup so far, and this time both teams had equal number of players which made a good outset for a fair competition. But for the third time in a row, the SCCJ took the cup, although the winning margin was very slim, 0.43 strokes (counted on the average of best 80% in the team). We now have high hopes for the next event, because the loosing margin shrunk by almost two strokes.

For more about the event, many images and results, click link below.

Successful Investment Seminar
Minister Pekkarinen with Ambassador Eero Salovaara (left) and Member of the Upper House, Marutei Tsurunen.

The Finnish Investment Seminar held in Tokyo yesterday proved to be a success, with more than 100 participants and interesting, and in some cases entertaining, presentations.

The seminar was targeted especially at Japanese companies who are interested in investing in Finland. H.E. Minister of Trade and Industry of Finland, Mauri Pekkarinen gave the welcome remarks. One of the most appreciated presentations was given by Tatsuo Tokitsu, Vice-President at Sunarrow Finland Oy on the reasons why Sunarrow (maker of keypads) decided to invest in Finland, and the experiences, from a Japanese point of view, to run a business in Finland.

The seminar was organized by Embassy of Finland, Finland Trade Center (Finpro) and National Technology Agency (TEKES) Tokyo office, and from the Japanese side by the Japan Institute for Overseas Investments (JOI) and Japan Bank for International Cooperation (JBIC). FCCJ supported in the recuiting of participants for the event.

FCIJ Business Confidence Survey Luncheon

The 5th Foreign Chambers Business Confidence Survey will be concluded today. The survey, which is expected eto get 350 responses from companies representing 15 foreign chambers of commerce and business groups, will be presented at a joint luncheon with members from all participating chambers.

Date & Time:Monday, 17 May, 12:00-14:00
Place: Capitol Tokyu Hotel, White Pearl Room, B2F [MAP]
Cost:7,000 yen (collected at the door)
incl. the Business Confidence Survey report
Registration:by Thursday 13 May

  The purpose of this survey (previous survey took place in October last year) is to provide an insight into what their members think about the current state of the Japanese economy and their own businesses, to obtain reliable data on how foreign companies perform in Japan and to find out their future strategies on this market. The survey idea and technical implementation is by the FCCJ.

To register, please click link at right.
Monthly Luncheon Meeting

The next luncheon meeting will be held on the 28 of May. Our speaker will then be Mr. Thomas Hietto, Vice President, Toshiba Alliance Development, KONE Corporation and the theme of his presentation will be The Kone-Toshiba Strategic Alliance.
Date & Time:Friday, 28 May, 12:00-14:00
Place: Capitol Tokyu Hotel, Nara Room, B2F [MAP]
Cost:7,000 yen (collected at the door)
Registration:by Wednesday 26 May

For latest about the Kone-Toshiba Alliance, read the News from Finland section below.

To register for the meeting, please click link at right.
Joint Chamber Congress organized by BLCCJ:
Delighting Customers in Japan III

There is a fine line between success and failure in business. This is particularly true in Japan. One key factor for success will forever remain "Delighting Customers". How this can be achieved is up to our imagination and execution abilities.

To help you in your quest, we present four shining stars in the domain of "Delighting Customers". In the 3rd episode of this congress theme we enter the worlds of Finance, Luxury Branded Goods and Entertainment. The presenters are: Masamoto Yashiro, Chairman & CEO, Shinsei Bank, Limited, Thomas Novohradsky, Artistic Director, New National Theater, Yukihiro Akimoto, President & Representative Director, Guerlain K.K. (LVMH Group) and Yasokichi Konishiki, former Ozeki, Entertainer.

Date & Time:Thursday 6 May, 18:00-21:30
Congress program starts at 18:00 sharp and ends at 20:00
(buffet supper from 20:00)
Place: Japan National Press Club [MAP]
Cost:8,000 yen
Registration:by Friday 30 April

For more information and registration form, click link at below.
News from Finland

KONE and Toshiba Announce High-Rise Elevator Collaboration

KONE of Finland and Toshiba Elevator and Building Systems Corporation of Japan have agreed to strengthen their Alliance through long-term collaboration in the advancement of high-rise elevator technology. As a first step, KONE and Toshiba have agreed to a licensing arrangement enabling KONE to supply high-speed double-deck elevators based on Toshiba's proven technology and Toshiba to gain access to new markets outside Asia. The Alliance partners have also agreed to exploit, on a case-by-case basis, the potential for collaboration in competing for and carrying out mega-projects around the globe.

The elevator industry is creating ever faster and more efficient vertical transportation systems to serve skyscrapers that sometimes rise to over one hundred floors. Double-deck elevators consist of two elevator cars in the same hoistway, one on top of the other. The market for double-deck elevators is expected to grow during the next decade.

Toshiba and KONE both have impressive track records in high-rise elevator projects worldwide. Toshiba is the sole supplier of elevators and escalators for the Taipei Financial Center in Taiwan, which will be, at 508 meters, the highest building in the world upon completion. In addition to featuring the world's fastest elevators (17 m/s), the building will be served by 34 double-deck units with hoisting machines supplied by KONE. Toshiba has also delivered double deck elevators with adjustable floor-to-floor system to the recently opened 238-meter-tall Roppongi Hills Mori Tower, which dominates the landscape in the center of Tokyo. KONE's recent high-rise references include the Hyatt Center in Chicago, Citigroup office tower in London, Galileo Tower in Frankfurt am Main, the Shangri-La Hotel in Dubai and the Q1 Tower on Australia's Gold Coast. The Q1 elevators will travel at speeds up to 9.0 m/s.
Grin of the week

Daughter's Prayer

A family was having some people to dinner. At the table, the mother turned to her six-year-old daughter and said, "Dear, would you like to say the blessing?" "I wouldn't know what to say," replied the little girl, shyly.

"Just say what you hear Mommy say, sweetie," the woman said.

Her daughter took a deep breath, bowed her head, and solemnly said, "Dear Lord, why the hell did I invite all these people to dinner!?!"

This is my last bulletin before the Golden Week (GW). For those reading this outside Japan and are not familiar with Japanese traditions, the GW is a string of public holidays - 29 April (Green Day) , 3 May (Constitution Day) and 5 May (Children's Day). This means that many businesses are closed for this period, especially as the 4 May may has also been declared public holiday as it lies between two holidays.

In Finland I suppose you could call it the Golden Cap holiday (they still make that cider?). Mayday (and the day before and after for most) is a big event where huge amounts of cider and other drinks that makes people brave are consumed.

So, a small warning might be in place - be good, and if you cannot be good, be careful!

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 500 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, 15 individual and one special member.