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  ISSUE 13/2016 23 May 2016; 

Dear !*TITLE*! !*LASTNAME*!,

The dinner last Thursday with the Minister of Economic Affairs of Finland, Dr. Olli Rehn, his Business Delegation and representatives for Keizai Doyukai was successful and appreciated both by the Business Delegation and the 20 FCCJ members that attended the event. See report below.

We have now all the details for our next event, a buffet dinner on Tuesday, 7 June with one of the most prominent Finnish Business leaders, Mr. Risto Siilasmaa, Chairman of Nokia Corporation and Founder & Chairman of F-Secure Corporation. See details below.

Soon after that, Friday, 10 and Saturday, 11 of June we will have our Karuizawa Tour. We have a few slots left so if you have not yet registered, do so preferably this week. Read more about the tour below!

Our last event before the summer break is the Joint Chamber Summer Reception organized by the Canadian Chamber on Thursday, 23 June. I will have information about that in my next bulletin.

Report from Dinner with Minister Rehn, Business Delegation and Keizai Doyukai on Thursday 19 May

On the occasion of the visit to Japan by Dr. Olli Rehn, Minister of Economic Affairs of Finland, FCCJ organized, in cooperation with Finpro and the Embassy of Finland, a dinner on Thursday, 19 May. Minister Rehn was accompanied by a large Business Delegation which also participates in the dinner. The Embassy and Finpro had also invited representatives from Keizai Doyukai (Japan Association of Corporate Executives).

Before the start of the dinner three FCCJ members, Jan Grönblad/Vaisala, Aki Saarinen/Reaktor and Masao Ohata/Enevo gave their views on operating in Japan. During the dinner, Minister Rehn and Keyzai Doyukai Vice Chair Izumi Kobayashi and Committee Chair Yukio Tada gave short presentations on the cooperation between Japan and Finland. The event ended with a Q&A session, free networking and closing remarks by Ambassador Manu Virtamo.

The dinner was attended by 20 FCCJ members, 12 from the Minister's Delegation, 24 from the Business Delegation and 8 from Keizai Doyukai.

For a report from the event, click link at right.
Tuesday, 7 June - Buffet Reception with Risto Siilasmaa

In close cooperation with F-Secure we organize a buffet reception on Tuesday, 7 June with one of the most prominent business leaders in Finland, Mr. Risto Siilasmaa, Chairman of Nokia Corporation and Founder & Chairman of F-Secure Corporation.

We will start the event with a presentation by Mr. Siilasmaa on the current state and outlook for the Finnish ICT sector in general and the companies he is involved in. Then we will enjoy a buffet dinner during which you will have ample opportunities to talk with Mr. Siilasmaa and representatives from many prominent Japanese companies invited by F-Secure.

Date & Time: Tuesday, 7 June, 18:30-21:00
Place: The Tokyo Club, 1-9-14, Roppongi, Minato-ku, Tokyo [MAP]
Cost:Members 8,000 yen, Guests 10,000 yen
Registration:by Tuesday, 31 May

About Risto Siilasmaa
  Risto Siilasmaa was born in 1966 and graduated from Helsinki University of Technology with a M.Sc. degree in Industrial Engineering and Management. He is married with 3 children.

After being appointed chairman of Nokia in May 2012, Risto Siilasmaa has led the company in one of the most successful corporate transformations ever. Through four transactions that he orchestrated - the purchase of complete ownership of NSN, the sale of the handset business to Microsoft, the sale of the Nokia mapping business and the recently announced acquisition of Alcatel-Lucent - Nokia has transformed from a bankruptcy candidate to a successful global technology leader. This is reflected in Nokia's value which has gone up fivefold over roughly three years. Even more revealingly, the enterprise value has grown from a low of less than 1.5 billion euros soon after Siilasmaa started as chairman to well over 20 billion euros in early 2015.

The transformation of Nokia has also included Siilasmaa renewing the board and the management. Only one management team member remains from the old team. Siilasmaa has often stated that all the atoms in Nokia have been changed but the spirit of the 150 year old company lives on.

Risto founded F-Secure in 1988, took the company public in 1999 and worked as president and CEO until November 2006. Since then Risto has been the Chairman of the Board.

F-Secure is the global leader in providing security as a service through operators. F-Secure has 20 offices globally with over 940 employees.

After stepping down from F-Secure's CEO Risto became an active angel investor and has made numerous investments in Finnish and international startups. He has at times served on the boards of some of these companies.

Please note that we will invoice the fee in advance upon your registration.

If you would like to attend, please click link at right.
Friday, 10 - Saturday 11 June

An Opportunity to Experience Another Side of Japan

"Resort Living, Networking and Golf or Sightseeing & Shopping"

FCCJ will organize a tour to Karuizawa on Friday, 10 - Saturday 11 June. Departure from Tokyo, either by car or Shinkansen will be in the morning of Friday, 10 June. There are three options for transportation; a) by your own car, b) co-ride in someone else's car (we coordinate) or b) if you prefer or there is not room in the cars, go by Shinkansen.

The program on Friday will include a lunch with the Mayor of Karuizawa, visits to Honka and Guest House (Rantasalmi) model houses and prominent projects of theirs. In the evening we will have a BBQ dinner by campsite fire at Sweet Grass. to which we plan to invite some locals. Overnight accommodation is mainly in the cottages at Sweet Grass, but for those who want to be a bit adventurous, camping is an option.

On Saturday we have two options - either golf (Karuizawa 72 Minami Course) or a sight-seeing tour, with or without shopping at the Prince Shopping Plaza. We will return to Tokyo on Saturday, 11 June in the evening by cars or Shinkansen.

For more information and to register, click link at right.
Wednesday, 15 June: BLCCJ Seminar
Delighting Customers in Japan XV

Japan is known as one of the most challenging markets in the world. Whether your business is start-up, long-established, or somewhere in between, you are probably confronted daily with the issue "how to delight customers?"

Because there is not a single answer to this very fascinating question, the Belgian Luxembourg Chamber of Commerce in Japan (BLCCJ) launched in 2001 "Delighting Customers in Japan", an annual seminar where a number of top executives share their ideas and experiences about the challenges of succeeding in this perplexing market.

Following the great success of the event formula, the BLCCJ is very pleased to organize the 15th edition in 2016, where we will welcome again 3 distinguished speakers who will share with us their strategies, experiences and insights regarding their businesses in Japan:

  • Mr. Peter KRONSCHNABL, President and CEO, BMW GROUP JAPAN
  • Mr. Alexandre JAMES, President & Representative Director,ST DUPONT
  • Jan DE BOCK, Managing Partner, TRAINSPOT KK (Belgian Beer Weekend Festivals)

  • Details:
      Date & Time:Wednesday, 15 June, 18.30-21:00
    (registration from 18:00, networking cocktail from 20:00 to 21:00)
     Venue: BNP Paribas offices, GranTokyo North Tower, Marunouchi [MAP]
      Cost:Members 5,000 yen, Guests 6,000 yen
      Registration:by Friday, 10 June

    The seminar will be followed by an open panel discussion with Q&A, and by a networking cocktail from 20:00 onwards. We hope you can join us.

    For more information and registration, directly with the BLCCJ, click link at below!

    News from Finland

    Nokia to cut 1,032 jobs in Finland

    Networks giant Nokia has slightly lowered the number of employees being made redundant in Finland from April's estimate of 1300. About half of the jobs being eliminated are in Espoo, with about a quarter each in Oulu and Tampere.

    Nokia has wrapped up its latest round of redundancy talks, which began in Finland on April 13. The original target of cutting some 1,300 jobs has been narrowed down to 1,032. Last year, before its takeover of French rival Alcatel-Lucent, Nokia had an average of 6,900 workers in its home country.

    The negotiations covered all of the company's sectors except for Nokia Technologies.

    About half of those being pink-slipped are based in Espoo, with the rest evenly split between the northern city of Oulu and the central city of Tampere. The firm says most of the jobs will be phased out this summer, with the rest by the end of the year.

    Nokia offers outgoing staff members financial support based on how long they worked for the company.

    In January Nokia announced the biggest acquisition in Finnish history, gaining a controlling stake of nearly 80 percent in Alcatel-Lucent. Nokia says it hopes for 900 million euros in synergistic benefits from the merger.

    As it stands, the new company has more than 110,000 employees. Most of the ensuing job losses are being felt in Finland rather than France. They are to be completed by the end of 2018.

    Since selling its handset division to Microsoft two years ago, Nokia has concentrated on networks but this week announced it is licensing its brand name for a new line of Android phones and tablets, to be produced through Finnish start-up HMD.
    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 64 corporate members, 12 individual and one special member.