If this bulletin does not open properly in your mail reader, open http://www.fcc.or.jp/email/2709.html in your browser. FCCJ E-mail bulletin: ISSUE 21 * SEPTEMBER 27, 2001

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  ISSUE 21

27 September, 2001  


The recession (are we allowed to call the current business climate by its right name...?) is taking its tolls in many different ways, closing businesses, causing higher unemployment and making us all feel unsafe about our future, at least from a business point of view.
A regrettable fallout of this for the Finnish community, and friends of Finland in Japan, is the closing or Aurora Bar & Kitchen in Roppongi at the end of the month. If you have time, please pay them a visit before the curtains go down. If you don't know the location, check HERE.

October Luncheon Meeting
The October Luncheon meeting will be held at the Capitol Tokyu Hotel in Akasaka, Nikko Room, B1 floor, on Thursday, 18 October at 12.00,
This time the theme is: Electronic component and EMS business between Japan and Finland, and our guest speaker is Mr. Mika Mäkinen, Vice President, Elcoteq Japan Co.,Ltd.
In 2000 the electronic components made up about half of Japan's export to Finland, more than double the value of car exports.

Mika has a long experience of doing business with Japan. Between 1996 and 1998 he was working for Nordberg (now Metso Minerals) in Japan and Korea after which he took up position as President of Elektrobit Nippon K.K.
In July 2001 he was appointed Vice President of Elcoteq Japan Co.,Ltd., where he would take up the position of President on 1 October.

We will send out invitations to our members early next week, but in case you want to register now, click link to the right.

Report from September Meeting
Our September Luncheon was held on Friday 21st at Capitol Tokyu Hotel.
Mr. Sami Hilvo, First Secretary (Press & Culture) at the Embassy of Finland presented his views on the Image of Finland in Japan. 23 members and guests participated at this meeting.

For a report and and images from this meeting, please click link to the right. There you will also find Mr. Hilvo's slide presentation

Business Barometer
The Embassy of Finland, Finland Trade Center (Finpro) and FCCJ are jointly preparing a bi-annual Finnish Business Barometer based on views from Finnish Companies established in Japan.
The purpose of the barometer is to collect your opinions on the current and future economic and market situation in Japan. At the same time we would like to evaluate future business plans of Finnish companies.

We have sent out the questionnaire to Finnish affiliated companies in Japan. If your company belongs to this category, please click link at right to particpate in the survey, unless you have already done so.

FCCJ News No. 16
We are now preparing the next issue of our printed newsletter, FCCJ NEWS which will be out mid October.
If you have news from your company that you would like to convey to our readers, please drop us a line. Photos are also welcome!

Reform in Japan: The EBC Perspective
Launch of the EBC Report on the Japanese Business Environment
The watchword of the new Koizumi government is 'reform'. But will the Koizumi reforms significantly change the business and investment environment for European companies operating in Japan?
Come to the launch of the EBC's Year 2001 report on the business and investment environment and hear what a panel of experts from the European Business Community in Japan (EBC) have to say about some of the reforms needed. Comments will also be made by His Excellency, Ambassador Ove Juul Jorgensen, Head of the Delegation of the European Commission in Japan, and Ms. Isabelle Hupperts, Chairperson of the EBC.
Venue:   Keidanren Kaikan, Diamond Room, 12th floor
  1-9-4 Otemachi, Chiyoda-ku, Tokyo
  Location map
Time:     12.00-2.00 p.m., Monday, October 22, 2001
Fee:       10,000 yen at the door.
  Includes lunch, one copy each of the English and Japanese reports.
Register by Monday, 8 October by clicking link below.

From other Organizations
EU-Japan Centre Seminar: "A New Era in the Japanese Corporate Tax System"
The EU-Japan Centre for Industrial Cooperation is pleased to announce the forthcoming Seminar in Tokyo entitled: "A New Era in the Japanese Corporate Tax System"
on Wednesday 10 October, 18.00-20.00.
Speakers: Ken Huang and Yumiko Arai, both Senior Managers at PricewaterhouseCoopers

Participation is free of charge.
For further information and registration, click link at right.

News from Finland
Attack forces budget review
PM Paavo Lipponen said the government would review its freshly unveiled budget in November, and may have to make changes in the wake of the terrorist assault in the USA. He said the attacks may have serious consequences and made the economic outlook even more uncertain.
But he stressed that the Finnish economy was robust and there was scope for rapid growth.

He was encouraged by the ECB's interest rate cut and said the responsibility for continued growth now lay with European governments. There was nothing to hinder slow domestic expansion, and when exports pick up, so will the economy, he declared.

The government is considering ways to restore confidence and boost employment, including structural reforms as well as extra funds for job creation.

For more news, click link to the right.

Grin of the Week
Letter From Hölmöla Mother

Dear Elmo,
I'm writing this letter slow because I know you can't read fast. We don't live where we did when you left home. Your dad read in the newspaper that most accidents happen within 20 km from your home, so we moved. I won't be able to send you the address because the last Hölmöla family that lived here took the house numbers when they moved so that they wouldn't have to change their address.

About that coat you wanted me to send you, your Uncle Jussi said it would be too heavy to send in the mail with the buttons on, so we cut them off and put them in the pockets.

Uncle Matti fell in a pontikka
(home destilled spirit) vat last week. Some men tried to pull him out, but he fought them off playfully and drowned. We had him cremated and he burned for three days.

Love, Mom

P.S. I was going to send you some money but the envelope was already sealed.

Tomorrow I am going to take a day off... Well, not exactly completely off... Our past president, Mr. Rauno Sirola is visiting Japan and we thought with some members of the FCCJ board to take this opportunity to hear his views after 6 months retirement. And there could be worse ways of doing this than during a round of golf....

Best regards

Clas G. Bystedt

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This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 280 persons 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 74 corporate members.