Investing in Japan
Latest Updates”Invest Japan Forum 2016” was held in Tokyo
Nov 14, 2016
Tommy Leong, East Asia & Japan Zone President of Schneider Electric, and Alain Combier, Vice President of Air Liquide Group, referred to the “stable business environment,” “big market size” and “potential for technological development” as attractive aspects of Japan from the perspective of the foreign-affiliated investors. On the other hand, “high consumer demand” was referred to as a factor that could heighten the threshold to entering the Japanese market. Koichi Tanaka, senior fellow at Shimadzu Corporation, explained Japan’s strength in manufacturing industries which emphasize a "spirit of artisanship" as well as its high potential in R&D.
Tokyo Governor Yuriko Koike presented her policy to improve the business and living environment by utilizing the special zone schemes to bolster Tokyo's position as an economic and financial center. She also touched upon the Tokyo One-Stop Business Establishment Center that the Tokyo Metropolitan Government operates in cooperation with JETRO.
Hiroshi Takada, Chairman & CEO of the Organization for Small & Medium Enterprises and Regional Innovation, JAPAN (SME Support, Japan), called on participants to utilize his organization’s database system J-GoodTech which supports business matching between Japanese SMEs and foreign-affiliated companies.
In the dialogue session, representatives from Tamagawa Seiki, Boeing International, Fuji International Technique and Atlas Copco exchanged thoughts under the theme “Factors for success in Alliances between Foreign Enterprises and Japanese Small/Medium Sized Enterprises”. The speakers from these companies, all of which are engaged in business tie-ups, explained the importance of respecting the business culture of one's partner company.
Parliamentary Vice-Minister for Foreign Affairs Motome Takisawa delivered greetings for the networking reception, where he stressed that the Japanese government is throwing all of its might into reforms toward the goal of increasing inward FDI stock to 35 trillion yen by 2020. More than 100 people took part in the networking reception to engage in lively exchange with other participants. JETRO received positive feedback from participating companies such as “The theme was timely and the speakers were informative,” “The event provided a good opportunity to connect with new companies” and “I hope the Invest Japan Forum will continue to be held for years to come.”
Outline of Invest Japan Forum 2016
|Date & time||October 7, 2016 (Friday) 13 : 00 - 20 : 00|
Hotel Chinzanso Tokyo
|Ministry of Economy, Trade and Industry (METI), Cabinet Office, Ministry of Foreign Affairs of Japan (MOFA), Japan External Trade Organization (JETRO)|
|362 persons (foreign-affiliated companies, foreign embassies in Japan, foreign government affiliated-organizations, local Japanese governments)|
Hiroyuki Ishige, Chairman & CEO, JETRO
Hiroyuki Hagimoto, CEO & Chairman, Tamagawa Seiki Co., Ltd.
(Greeting) Motome Takisawa, Parliamentary Vice-Minister for Foreign Affairs