SelectUSA-JETRO Investment Forum in presence of new US Ambassador Hagerty “Investment Seminar in the US Manufacturing Industry in the Era of Change”

September 2017

On September 28, JETRO held the SelectUSA-JETRO Investment Forum at its Tokyo Headquarters by inviting US Ambassador William Hagerty, who arrived in Japan in August.

In the opening remarks, JETRO Chairman and CEO Hiroyuki Ishige stated “The reason why America is such a focal point for manufacturing is that companies have access to the world's largest consumer market, and the US is at the center of the world's most advanced innovation.”

Ambassador Hagerty emphasized the importance of the US-Japan economic relationship in his greeting: “The President and the Administration are hard at work reducing regulating complexity and reforming the tax code to make the US an even more attractive destination for investment capital, jobs and economic growth. Japan is a very important economic partner for the United States. Given our common framework and shared values, our world-class technologies and natural synergies, there are no two countries who benefit more from diverse and better balanced two-way direct investment than Japan and the United States.”

Greeting by Chairman Ishige

Opening remarks by Ambassador Hagerty

Following presentations by JETRO and the US Embassy, two panel discussions were held by inviting four representatives from Japanese companies active in the Southeast and the South (1st session) as well as the Midwest (2nd session) where numerous Japanese manufacturers are operating. They spoke on their experiences in entering the American market, and after that, engaged in a lively discussion on the attractiveness and challenges in doing business in America.

The seminar ended with a remark by Minister-Counselor for Commercial Affairs Keith Kirkham of the US Embassy in Japan, who reiterated his department’s promise to assist Japanese companies in investing in America.

Panel discussion 1: Southeast and South

Panel discussion 2: Midwest

In the foyer, many visitors were seen stopping by the public relations desks set up by the Japanese offices of 17 American states.

Before the forum, Ambassador Hagerty and Chairman Ishige had a dialogue where they confirmed that the US Embassy and JETRO will strengthen collaboration toward facilitating trade and investment between America and Japan.

A dialogue

Public relations desks of American state offices

Outline of the forum

Title SelectUSA-JETRO Investment Forum
Time & date 13:30-17:00, Thursday, September 28, 2017
Venue JETRO Headquarters, Exhibition Hall
Participants 173 people
Opening remarks
Hiroyuki Ishige, Chairman and CEO, JETRO
William F. Hagerty, Ambassador of the United States of America to Japan
Presentation 1: Contributions to US Economy by Japanese Companies – JETRO
Shiro Akiyama, Division Director, Americas Division of Overseas Research Department, JETRO
Presentation 2: FDI in the United States – Home to the Largest Amount of FDI in the World – US Embassy
Pat Cassidy, Commercial Officer, US Embassy in Japan
Introduction of American state offices in Japan
Panel Discussion 1: Investment Climate in the Southeast and Southern United States
Shiro Akiyama, Division Director, Americas Division of Overseas Research Department, JETRO
Kazumi Sato, Vice Chairman, Yorozu Corporation
Toshio Ashida, Executive Officer, Manager of Business Planning Office, Daikin Industries, Ltd.,
Panel Discussion 2: Investment Climate in the Midwest
Tatsuhiro Shindo, Executive Vice President, JETRO
Akio Fujii, Chief Executive Officer, Lecip Inc.       
Takashi Kimura, Executive Managing Director and Chief of Sales, Kimura Foundry Co., Ltd.
Closing remarks
Keith Kirkham, Minister-Counselor, US Embassy in Japan