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  ISSUE 25/2016 25 October 2016 

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

This is the final reminder for the Joint Nordic Business Luncheon on Tuesday, 1 November with one of the most prominent Nordic business leaders, Mr. Karl-Henrik Sundstrom, Chief Executive Officer (CEO) of Stora Enso Oyj.

If you plan to participate and have not signe up yet, do so latest on Thursday 27th! More information below.

Another joint event is held on Friday, 11 November, when we play the golf match against the Swedish chamber, the 29th Stora Enso Cup.

And, the Nordic cooperation continues in December when the social highlight of the year for the chambers, the Scandinavian Christmas Ball is held on Wednesday 7th!
Time to start signing up for the event! Click banner above for more.

The 30th 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, 28 October.

Our columnist, back from Europe, has made a new contrinution also reflecting on his travel experiences, titled "Nobels, Narita and Niigata - Olympics and popularity politics ".

Click banner at right for a lot of insights on these issues!

Tuesday, 1 November - Joint Nordic Business Luncheon
FCCJ will organize in cooperation with the other Nordic Chambers a Business Luncheon on Tuesday, 1 November with one of the most prominent Nordic business leaders, Mr. Karl-Henrik Sundström, Chief Executive Officer (CEO) of Stora Enso Oyj.

The theme of Mr. Sundström's is: "Stora Enso's transformation into a renewable materials company".

Details:
  Date & Time: Tuesday, 1 November, 12:00-14.00
Venue: Grand Hyatt Tokyo, Residence Anise, 2F [MAP]
Cost:Members 6,000 yen, Guests 8,000 yen
Registration:by Thursday, 27 October

About Karl-Henrik Sundström
Karl-Henrik Sundström was appointed CEO of Stora Enso in August 2014. He joined Stora Enso in August 2012 as CFO and member of the Group Leadership Team. In June 2013 he took on the role as Executive Vice President for division Printing & Living (today Paper and Wood Products divisions).

Prior to joining Stora Enso Karl-Henrik was the CFO of NXP Semiconductors 2008–2012. Prior to that CFO and several managerial positions in Ericsson. Member of the Board of Swedbank.

Karl-Henrik participated in an Advanced Management Program at Harvard Business School in 1997 and holds a degree in Business Administration, Finance and Accounting form the Uppsala University, Sweden.

About Stora Enso
Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper on global markets. Our aim is to replace fossil based materials by innovating and developing new products and services based on wood and other renewable materials.

We employ some 26 000 people in more than 35 countries, and our sales in 2015 were EUR 10.0 billion. Stora Enso shares are listed on Nasdaq Helsinki and Nasdaq Stockholm. In addition, the shares are traded in the USA as ADRs on the International OTCQX over-the-counter market.


Please click link at right to register.

Friday, 11 November - Stora Enso Cup
Sweden-Finland Golf Challenge - Autumn 2016

The 29th Sweden-Finland Golf Challenge - the Stora Enso Cup - is played on Friday, 11 November for a trophy donated by Stora Enso Japan K.K.. At the same time SCCJ members also play for the SCCJ Autumn Golf Cup.

The venue this time is Golf Club Narita Hightree, in Chiba prefecture. First tee-off is at 8:40 and the cost is 17,000 yen, all included (play fee, caddie, lunch and party after play).

For a flyer of the event, which also includes the access map and registration form, click link below.

Tuesday, 8 - Wednesday, 9 November
The 18th Nikkei Global Management Forum


Each year, the Nikkei Global Management Forum brings together some of the worldfs most accomplished business executives to discuss corporate strategies, management philosophies and the latest global trends.

One of the keynote speakers at this year's Forum is Rajeev Suri, President and CEO of Nokia.

The event is held on Tuesday, 8 - Wednesday, 9 November at the Imperial Hotel and the participation fee is 64,800 yen for the two days, including lunches.

The theme of the 18th forum is "Achieving Breakthroughs in an Uncertain World". Dark clouds have gathered over the global economy: the threat of terrorism, a resurgence of populism, anemic growth, Brexit and the ensuing market turmoil. All of these factors are contributing to political and economic instability. For companies, the question is not only how to cope with the unexpected, but how to thrive in these turbulent times. One of the key answers to the question is managementfs leadership to achieve breakthroughs.

We would like to ask proven executives from around the globe to share their insights on this challenge.

For more information and to register, click link at right.

News from Finland

Extensive vacant retail space lurks amidst Helsinki region construction boom

Construction crews across the capital region are building hundreds of thousands of square metres of new shopping centres. But property management firms say that new capacity is roughly equal to the amount of existing, unused retail space sitting empty.

The Tripla shopping centre in Helsinki's Pasila district, which its creators have dubbed "the city's new centre" and the Redi mall in Kalasatama, are just a couple of new projects which will add some 150,000 square metres of new retail space to the metropolitan area in the not-too-distant future.

At the same time, at the beginning of July of this year there was some 145,000 square meters of available retail space sitting vacant in the capital area.

Most of that space is located in Vantaa, a city with more than five percent of its retail space left unused.

Hanna Kaleva, CEO of real estate analysis firm KTI Kiinteistötieto said that for the past three years they've increasingly noticed retailers giving up their shops in the area.
Grin of the Week

Gather at the River?

A preacher was completing a temperance sermon: with great expression he said, "If I had all the beer in the world, I'd take it and throw it into the river."

With even greater emphasis he said, "And if I had all the wine in the world, I'd take it and throw it into the river."

And then finally, he said, "And if I had all the whiskey in the world, I'd take it and throw it into the river." He sat down.

The song leader then stood very cautiously and announced with a smile, "For our closing song, let us sing Hymn #365: "Shall We Gather at the River."

Best regards

Clas G. Bystedt
If you have any comments, rumors, gossip or inside information,
send it to: fccj@gol.com

ABOUT THIS BULLETIN
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.