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  ISSUE 2/2004

26 January, 2004  


January saw two fairly significant changes to the corporate picture of Finland in Japan.

Firstly; Finnpap is also history now in Japan. My Finnish readers will remember that the paper marketing association Finnpap was wound up at the end of 1996. But the name lived on in Japan in the form of Nippon Finnpap. But now this is also history. On 1st of January the operations in Japan were taken over by UPM-Kymmene Japan K.K., a fully owned susbidiary of UPM-Kymmene.

Secondly; AvestaPolarit's history in Japan became rather short, less than two years. AvestaPolarit was formed in 2001 through a merger between Outokumpu Stainless and AvestaSheffield. But in 2002 Outokumpu bought out the other shareholders and on 12th of January all the Outokumpu brands were united under one brand, Outokumpu. Subsequently AvestaPolarit Japan K.K. became Outokumpu K.K.

Report from the January Luncheon Meeting

"Japan is Back - from Investment Thesis to Macro Reality" was the theme of a very intresting presentation that the Chief Japan Analyst of Merrill Lynch Japan Securities, Mr. Jesper Koll, held at the joint DCCJ-FCCJ joint luncheon meeting, organized by the Danish Chamber on Tuesday 20 of February at the Capitol Tokyu Hotel.

According to Mr. Koll, this time the recovery is different from those we have experienced in the past years. There is a broader domestic demand recovery, extraordinary pro-growth policy mix from the central bank and government and the "Cold Money" is turning "Hot". He also gave prime minister Koizumi high marks for a well focused reform policy.

For more about Mr. Koll's presentation and photos from the event, please click the link below.
February Luncheon Meeting

Our February luncheon meeting is held on Thursday the 19th.

The guest speaker is Mr. Norimasa Hasegawa, Former Ambassador of Japan to Finland.
Theme: T.B.A.

Date & Time:Thursday, 19 February, 12:00-14:00
Place: Capitol Tokyu Hotel, Kyoto Room, B2F [MAP]
Cost:7,000 yen (collected at the door)
Registration:by Tuesday 17 February

Ambassador Hasegawa graduated from the Faculty of Law at Tokyo University in 1967 and was appointed to the Ministry of Posts and Telecommunications. He served the ministry in several important positions, including that of Vice-Minister for International Affairs. In August 1999 he retired the ministry and took up a position as adviser at the Daiwa Institute of Research. Ambassador Hasegawa served as Japan's ambassador to Finland and Estonia since October from 2000 to 2003.

If you would like to attend, please click link below.
FCCJ News No. 30

We are now preparing the February issue of our printed newsletter, FCCJ NEWS. This will include a report on UPM-Kymmene and Outokumpu in Japan, member presentation, company news, meeting reports, and much more.

If you have news from your company (e.g. changes in contact information, new staff, etc.) that you would like to convey to our readers, please drop us a line. Photos are also welcome!
Dead-line is Friday 30 January.
EU-Japan Centre for Industrial Cooperation - JOHOGEN Seminar
"Introduction to Business Anthropology:
     from theory to practice"
 by Hiroko Kawazoe, Professor, School of Nursing, Chiba University

The aim of this seminar is to introduce Business Anthropology (BA) in the context of companies doing business abroad. The speaker will focus on ethnographic research methods derived from BA supported by qualitative data research. The interpretation of qualitative data is known to deliver powerful insights into consumers' unconscious needs and possible understanding of customer dissatisfactions.


Date & Time:Thursday, 29 January 18:00-20:00
Place: Main Conference room, 4F EU-Japan Centre for Ind. Coop. [MAP]

For more information and registration, please click link below.
BGF Championship 2004 - Get the Big Picture!

Business game training for developing managerial skills, provided by Business Game Factory Ltd.

Business Game Factory Ltd. provides premium-quality business game training in the spirit of the motto "Get the big picture!". The key elements of the service concept are business relevance, simplicity and ease of use: maximum value for minimal time and hassle.

As the training takes place through the Internet, there are no absolute limits of time and space. The training consists of five game rounds, each requiring approximately 2-3 hours, the total duration is 10 weeks. Customer care is fully available before, during and after the training. Teams typically consist of 3-5 participants.

If there is sufficient interest, FCCJ would coordinate a game between teams from companies in Japan. We could also collect individuals from smaller companies into one team.

For more information click "MORE INFO" below and if you are interested to discuss this further, please mail me by clicking the "I AM INTERESTED LINK". You could also visit the BGF web site for a large number of testimonials from participants.
News from Finland

Amer buys US Clubcom and Cardio Theatre

Finland-headquartered Amer said on Friday its fitness equipment business Precor Inc. is further bolstering its position in the market by buying ClubCom, which provides clubs and fitness facilities with private television networks. Precor would also acquire ClubCom's video hardware and system division Cardio Theater, Amer said, adding that the entire move was seen to cost it USD 22 million.

Amer said the latest acquisition closely follows the purchase of Fitness Products International (FPI) earlier this month. FPI is best known for its Icarian strength equipment brand.

Amer Group's internationally recognised brands include Wilson, Atomic and Precor. In 2002 the group had net sales of 1.1 billion euros and it employed nearly 4,000 persons.
Grin of the week

If Operating Systems were Airlines

WINDOWS AIRLINES: The terminal is very neat and clean, the attendants are all very attractive and the pilots very capable. The fleet is immense. Your jet takes off without a hitch, pushing above the clouds, and at 20,000 feet it explodes without warning.

MAC AIRWAYS: Tickets are expensive. The cashiers, flight attendants, and pilots all look the same, feel the same and act the same. When asked questions about the flight they reply that you don't want to know, don't need to know, and would you please return to your seat and watch the movie.

LINUX EXPRESS: Each passenger brings a piece of the airplane and a box of tools to the airport. They gather on the tarmac, arguing constantly about what kind of plane they want to build and how to put it together. Eventually, they build several different aircraft, but give them all the same name. Some passengers actually reach their destinations. All passengers believe they got there.

Finally; some more dates that you could put in your calendar already now:

  • 15 March, 12:00 - 14:00 - Luncheon meeting with Minister of Finance, Mr. Antti Kalliomäki
  • 31 March, 16:30 - 20:00 - FCCJ Annual General Assembly followed by reception

    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.