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  ISSUE 2/2007

26 January, 2007  

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

With a soft start to our activities in 2007 with the Club evening and Wine Tasting on Wednesday, we are now getting down to some serious business.

We have been fortunate (with some good help from Metso Paper K.K.) to get Jorma Eloranta, President and CEO of Metso Corporation as guest speaker to our next luncheon. Metso has been doing some good business in Japan lately, so we hope to hear more about that, and their future plans and expectations in Japan, and other parts of Asia, which are becoming increasingly important for Metso.
Read more below!

This is actually the first time for FCCJ during its almost 8 year history to have the CEO of a major Finnish industrial corporation as our guest speaker. We have had the CEOs of Nordea Bank and Finnair, but not from our industry.

Report from the Club Evening & Wine Tasting on Wed. 24 January

The new year started off for FCCJ with an informal event, a club evening and wine tasting at the Au Vieux Paris bistro in Shinjuku. This was the second time for us to organize a wine tasting, and based on the increased number of participants this time, 33 members and guests, it seems that wine tasting events have become a regular part of the FCCJ activity calendar.

The wine tasting was organized in cooperation with Wine Consultant Eric Dahler of Alcotrade Trust Inc. who brought in six different wines, four red and two white, for tasting. Judging from the number of people filling in orders for wine, Eric had made a good selection for us.

For more images from the event, please click link at right.
Wed. 21 February - FCCJ Luncheon Meeting

At our next luncheon meeting, which is held on Wednesday 21February, our guest speaker is one of the leading Finnish business executives, is Mr. Jorma Eloranta, President and CEO of  Metso Corporation. Note that this time we will have a new venue, Hotel Okura, as our regular place Capitol Tokyu has been demolished.

Details:

Date & Time:Wednesday 21 February, 12:00-14:00
Place: Hotel Okura, South Wing 12F, The Kensington Terrace MAP
Cost:7,000 yen for members, non-members 8,000 yen
(collected at the door)
Registration:by Monday 19 February

Profile of Jorma Eloranta
Jorma Eloranta was born in 1951. He has a M.Sc. (Tech.) degree from the Department of Industrial Management, Helsinki University of Technology, 1975 and also studied at the University of Helsinki, Faculty of Law 1975-1976 and is a SEP Graduate from Stanford Graduate School of Business, 1988.

Mr. Eloranta has been President and CEO of Metso since March 1, 2004. He was President and CEO of Kvaerner Masa-Yards Inc. in 2001-2004. Previously, he was President and CEO of Patria Industries Group in 1997-2001, Deputy Chief Executive of Finvest Group and Jaakko Poyry Group in 1996-1997, and President of Finvest Ltd in 1985-1995.

Metso Corporation in Brief
Metso is an international technology corporation that serves customers in the pulp and paper industry, rock and minerals processing, power generation and other selected industrial sectors. Metso Corporation comprises three business areas: Metso Paper, Metso Minerals and Metso Automation.

In 2005, Metso Corporation's net sales totaled some EUR 4,2 billion. Metso has business operations in over 50 countries, and some 25,000 employees.


If you would like attend, please click link at right.
Hosted by the Japan Finland Culture and Friendship Association
Tue. 6 February - REMINDER: Panel Exhibition, Gala Concert and Dinner

Japan Finland Culture and Friendship Association will be holding a second "Gala Finland Night" following the previous party held in June 2005.

The Embassy of Finland has kindly provided 14 panels displaying a centenary history of Finnish democracy. After viewing of this exhibition, you can enjoy a gala concert of chamber music followed by a superb dinner.

Details:

Date & Time:Tuesday 6 February, 18:00 -
Place: Grand Hyatt Tokyo, "Coriander"  MAP 
Fee:20,000 yen (incl. Exhibition, Concert, Drink & Dinner)
Attire:Black Tie or Dark Suit
Application:by Wednesday 31 January

Click below link for more information and registration sheet (last page). If you would like to reserve a full table (8 persons) please make application directly to the Association using the registration sheet. If you would like to participate but cannot reserve a full table, please  mail me!  We try, if possible, to collect a FCCJ table.
News from Finland

Nokia says Q4 market share flat qtr/qtr at 36 pct

Finnish mobile telecommunications giant Nokia said Thursday it estimated its final-quarter mobile device market share to have stayed unchanged from the previous quarter at 36 per cent and risen from 34 per cent in the fourth quarter of 2005.

The global mobile phone market leader's final-quarter net sales rose by 13 per cent year-on-year to 11.7 billion euros while its pretax profit inched up to 1.57 billion euros from 1.45 billion in October-December 2005.

Earnings per share (EPS) jumped by 28 per cent from the year-ago to 32 euro cents in the quarter when Nokia sold 106 million units, up 19 per cent sequentially and year-on-year, for an average selling price of 89 euros, down from 93 euros in the third quarter of last year.

Grin of the week

Last request

Mary Clancy goes up to Father O'Grady after his Sunday morning service, and she's in tears.

He says, "So what's bothering you, dear?"

She says, "Oh, Father, I've got terrible news. My husband passed away last night."

The priest says, "Oh, Mary, that's terrible. Tell me, Mary, did he have any last requests?"

She says, "That he did, Father..."

The priest says, "What did he ask, Mary?"

She says, "He said, 'Please, Mary, put down the Goddamn gun...'"


Some more dates to put in your calendar; our March luncheon meeting will be held on Friday 16 March (speaker Gerhard Fasol of eurotechnology) and our Annual General Assembly on Tuesday 3 April. More about these in the following issues!

Have a nice weekend &

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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ABOUT THIS BULLETIN
This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 600 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 67 corporate members, 16 individual and one special member.