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  ISSUE 6/2005

10 March, 2005  


March is always a busy month in Japan, as most companies and organizations are closing their books at the end of the month. If you want to show nice big, black figures, now it is time for a last push...

In addition, on 25th of March Expo 2005 Aichi opens, that involves in way or anther many of us. On 29th of March the grand opening of the Finnish Wellbeing Center in Sendai will be held in attendce of our Minister of Trade and Industry, Mauri Pekkarinen. And, not to forget, the FCCJ Annual General Assembly will be held on the last day of this month. Read more about that, and much more, below.

31 March - FCCJ Annual General Assembly

The sixth Annual General Assembly of the FCCJ will be held at
the Embassy of Finland on Thursday, 31 March at 17.00.

The General Assembly will be followed by a reception hosted by H.E. Ambassador Eero Salovaara at 18:30.
The Reception is free for one representative per FCCJ member, additional participants will be charged 7,000 yen. Note that the General Assembly is open only to members and representatives of member companies.

If you would like to attend, please click link below.
Joint Nordic Chamber Event organized by the DCCJ
17 March - "Japanese Higher Education Reform: Gearing up for Global Competition"

The Danish Chamber of Commerce in Japan, together with FCCJ and SCCJ, invites our members to a luncheon meeting with Dr. Yuichiro Anzai, President of one of the most prestigious private universities in Japan, the Keio University. The theme of his presentation is: "Japanese Higher Education Reform: Gearing up for Global Competition".


Date & Time:Thursday, 17 March , 11:30-13:30
(registration from 11:00)
Place: International House of Japan Roppongi [MAP]
Cost:7,000 yen
Registration:by Friday 11 March

  Profile of Dr. Anzai
Prof. Yuichiro Anzai assumed the office of President on 28 May 2001. Professor Anzai earned his doctoral degree in Administration Engineering from Keio University. His professional career began at Keio University as a research assistant in the Department of Administration Engineering. Between 1981 and 1982 Professor Anzai was a visiting assistant professor at Carnegie-Mellon University and in 1985, he served as an associate professor in the Department of Behavioral Science at Hokkaido University. In 1988, he returned to Keio as a professor in the Department of Electrical Engineering.
For more about Dr. Anzai, go to: http://www.pre.keio.ac.jp/english/profile/index.html

Please register directly with the DCCJ. For the registration form, please click link below.

Stora Enso Cup:
15 April - Sweden-Finland Golf Challenge
The 7th Sweden-Finland Golf Challenge (team competition between the Finnish and the Swedish Chambers) is played on Friday 15 April for a trophy donated by Stora Enso Japan K.K.
This time the event is organized by SCCJ and we have decided to use the same venue as last time, the Windsor Park Golf & Country Club in Ibaraki Prefecture.

Date & Time:Friday 15 April, first tee-off 09:03
Place: Windsor Park Golf & Country Club, Ibaraki Pref. [MAP]
Play format: Stroke play with handicap
Cost:12,500 yen incl. play fee, caddie, lunch & party
Registration:by Friday 1 April

For further information, please click link below for a flyer which also contains a registration form.

Joint Chambers Real Estate Seminar organized by CCCJ
22 March - "Thinking of Buying a Home in Japan?"

With a decline in property values in the past few years and interest rates at historically low levels, the timing for foreigners to buy into the Japan housing market has never been better.

The speakers for this event are foreigners with extensive experience in Japanese real estate-related matters or long-term Japan residents who have taken the plunge and purchased their own home. Gain invaluable advice on how to search for and finance a new or previously owned home and how to avoid potential problems. Last year, this seminar sold out so if you are still thinking about purchasing a home in Japan, join us for an up-to-date view from our panelists.


Date & Time:Tuesday, 22 March , 18:30-20:30 p.m. (Cocktail reception includes hors d'oeurves from 18:30-19:00 p.m; panel discussion from 19:00)
Place: Canadian Embassy, Theatre, B1 [MAP]
Cost:Members: 3,900 yen, guests: 4,900 yen
Registration:by Friday 18 March

Topics and speakers
Residential real estate market Alec Menikoff, Manager Investment Advisory, Colliers Halifax
Planning & designing your home Dr. A.A. Manny Sultan, Principal, AAS Associates
How to search for a house Anne Bergasse, Home owner in Chiba
Resale and what to plan for Les Lohmann, Two-time home owner
Mortgage financing Darryl Knopp, General Manager, Loan Products Division, Shinsei Bank Limited

To register, please click link at right.
News from Finland

Finnish income taxation dropped in 2004
Finnish withholding taxation was eased by 0.8 percentage points in 2004, according to a report by the Organisation for Economic Co-operation and Development OECD published Wednesday. The share of income taxation and social security contributions of the average Finnish industrial worker's salary dropped to 30.3 per cent from an earlier 31.3 per cent.

Income taxation in Finland was among the eight harshest of OECD member countries in 2004. The yearly income of the average industrial worker was number fifteen when calculated in terms of buying power. Employer's social security contributions were number ten within the OECD.

Grin of the week

Just Keep Drinking!

A guy walks into a bar, sits down and says to the bartender, "Quick pour me twelve drinks." So the bartender pours him twelve shots and the guy starts shooting them back really fast, one after another. The bartender says to the guy, "Boy you are drinking those drinks really fast."

The guys says, "Well, you would be drinking really fast too if you had what I''ve got."

The bartender says, "What''ve you got?"

The guy says, "100 yen"

Talk to you soon again!

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 580 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, 16 individual and one special member.