takashi wada jetro genève...business-friendly infrastructure source: ministry of economy, trade,...
TRANSCRIPT
Takashi WADA JETRO Genève
St. Gallen , 4 December 2018
1 Copyright 2018 JETRO. All rights reserved.
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Who are we ?
Japan External Trade Organization (JETRO)
• Governmental organization to promote mutual trade and investment between Japan and the rest of the world
• Founded in 1958
• Head offices in Tokyo and Osaka
• 74 offices (in 54 countries) and 47 offices in Japan*
• 14 offices in Europe
• Employees: 1,799 (1,063 in Japan and 736 abroad)*
*As of Nov 2018
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Sources Prepared by JETRO “Japan's Outward and Inward Foreign Direct Investment” From The Ministry of Finance “Balance of Payment Statistics” and Bank of Japan foreign exchange rates.
1. Switzerland and Japan
11.1 Billion USD (End of 2016 stock)
9.2 Billion USD (End of 2016 stock)
Investment between Swizerland and Japan
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3.1 billion CHF(2016)
From Federal Custom Administration (FCA).
7.3 billion CHF(2016)
Trade between Japan and Switzerland
1. Switzerland and Japan
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Small, mountainous
Scarce natural resource, exp water
Highly skilled engineers
Trade oriented
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Aging society with a declining birthrate
Labor shortage
Shrinking market size
Punctual
Diligent,
Conservative
Harmonize first
Nationality Environment
Challenges
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1. Switzerland and Japan
Swiss and Japan have many characteristics in common
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2. Why Japan?
“ 5 reasons to do business with JAPAN”
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2. Why Japan?
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World Ranking of GDP
2. Why Japan?
Source: Gross domestic product 2016 (US dollars, Billions)
World Development Indicators database, World Bank, 1 July 2017
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2. Why Japan?
EUROPE-MONDE mardi 3 octobre 2017
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Abenomics =
Monetary policy Fiscal policy
Growth strategy
“Moral de l’ industrie japonaise au plus haut depuis 10 ans”
+6.5% Increase
GDP (Real GDP seasonally adjusted)
Improved
Business confidence (Tankan Index of Bank of Japan,
manufactures)
Greatly Improved
Improving Economic Indexes Under Abenomics
498.8 Trillion JPY
531.4 Trillion JPY
Large firms -3 Medium-sized firms -5 SMEs -12
Large firms 21 Medium-sized firms 20 SMEs 14
Before launch of Abe administration
Now
Stock Price (Nikkei Stock Average)
+119% Increase 10’230 JPY 22’865 JPY
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(301Aug2018 Closing price)
(Jan 2018)
(2017)
(2012 Average)
(2012)
(Dec 2012)
(Average 2018)
(26 Dec 2012) Launch of Abe administration
2.8% 4.3% Unemployment rate
2. Why Japan?
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Corporate business environment is developing..
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2. Why Japan?
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Inward FDI stock is growing.
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Approximately
255 Billion USD
2. Why Japan?
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Inward FDI stock in Japan comes from Europe
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[Source] "Balance of Payments 2016“ (Ministry of Finance)
Europe 52%
North America
25%
Asia 20%
Other 3%
125 Billion USD (Suisse 11 Billion)
47 Billion USD
61 Billion USD
2. Why Japan?
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2. Why Japan?
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2. Why Japan?
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The number of foreign visitors to Japan in 2017 : 29 M pers. Their Consumption in 2017: 39 Billion USD (4.4 Trillion JPY)
Source:Japan Tourism Agency, Consumption Trend Survey for Foreigners Visiting Japan, Press release, Apr 27, 2018
Consumption Amount (Trillion JPY)
Foreign Visitors’ Consumption Amount
2. Why Japan?
Approximately
39 Billion USD
0.81 1.08 1.42 2.03
3.48
3.75
4.4
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
2011 2012 2013 2014 2015 2016 2017
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2. Why Japan?
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“The reason why P&G tests its new disposable diapers in Japan is because Japanese housewives are the strictest
consumers.”-----------------Prof. Michael E. Porter
Sophisticated Market
2. Why Japan?
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❃❃❃ ❃❃ ❃ Total ❃
TOKYO 12 54 160 304
KYOTO 7 25 64 135
PARIS 10 14 76 134
OSAKA 3 20 68 117
NEW YORK 6 10 62 100
HONG KONG 3 14 44 81
Cities with the Most Michelin-Starred Restaurants
Source: Michelin Guide
2. Why Japan?
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2. Why Japan?
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Source: Created from Ministry of Internal Affairs and Communication, “Survey Result on Science and Technology Indicators 2014 ” Date source: OECD “Main Science and Technology Indicators, ” etc.
Rank Country Percentage of GDP (%)
1 Japan 3.75
2 German 2.98
3 U.S. 2.79
Rank Country Number of
researchers per 10,000 people
1 Japan 52.0
2 Canada 45.6
3 German 42.5
Research funding percentage of GDP (G7 comparison)
Number of researchers per 10,000 people (G7 comparison)
Science and technology related research is conducted spiritedly in Japan. “Research funding as a percentage of GDP” and “Number of researchers per 10,000 people” are among the largest in the world.
Innovation Hub
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4th - France (2.29%), 5th - UK (1.73%), 6th - Canada(1.69%), 7th - Italy (1.27%), 8th - Russia (1.12%)
4th - US (40.2), 5th - UK (39.7), 6th - France(38.3), 7th - Russia (31.0), 8th - Italy (12.7)
2. Why Japan?
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2. Why Japan?
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Yoshinori OHSUMI: 2016 in Physiology or Medicne on the discoveries of mechanisms for autophagy
Satoshi OMURA: 2015 in Physiology or Medicne on the therapy against infections caused by roundworm parasites
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2. Why Japan?
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Industry 4.0 : world is transforming with unprecedented speed
(source) Asymco
Telephone 73 yrs. Smartphone 5 yrs.
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2. Why Japan?
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Japan has many technical seeds with highly skilled technicians
Walkman(1979)
tabletop calculator(1964) Soccer ball (1966)
Car navigation(1981)
Copyright © Sharp, Sony, Addidas-Molten, Honda, Cyberdine, KDDi
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2. Why Japan?
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Japan has many technical seeds with highly skilled technicians
Copyright © Sharp, Sony, Addidas-Molten, Honda, Cyberdine, KDDi
Cyberdyne Healthcare robot Hakuto: Moon Hover
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2. Why Japan?
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Business-Friendly Infrastructure
Source: Ministry of Economy, Trade, and Industry(METI), “Survey on Attitudes of Foreign Companies toward Direct Investment in Japan Report 2014”
Easy environment for business
Foreign companies validate Japan’s infrastructure
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2. Why Japan?
4 th
Infrastructure
in the world (137 Countries)
Source: World Economic Forum, “The Global Competitiveness Report 2017-2018”
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2. Why Japan?
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Nearly 100 airports operate nationwide
Excellent Japanese transport infrastructure spreading throughout Japan
2. Why Japan?
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4. Infrastructure
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4. Infrastructure
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2. Why Japan?
Most safe country with longevity of life
2. Why Japan?
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RANK
Source: MONOCLE, July/August 2017
1. Tokyo 2. Vienna 3. Berlin/Munich 5. Melboune 6. Copenhagen 7. Sydney
8. Zürich 9. Hamburg 10. Madrid :
12. Kyoto :
14. Fukuoka :
25 Most livable cities as chosen by the world
2. Why Japan?
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Japan is worth paying market.
Furla sells best in Japan (23%, 2018 1st half)
Nestle’s KitKat sells best in Japan (2017)
Market Share of Swiss Watch in Japan
70% in value (2016) source: Nikkei business online
Copyright © Furla, Nestle, Roger Bubuis
3. Some business tips.
IF YOU SUCCEED IN JAPAN,
YOU CAN SUCCEED ANYWHERE ELSE in ASIA.
3. Some business tips.
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But it needs some tips..
High Valued Product
Detailed explanations Well prepared
Gain trust, in person
Quality Concerns
Require details
Conservative
Think about
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JETRO Genève 80 Rue de Lausanne, 1202 Genève [email protected] https://www.jetro.go.jp/switzerland/ Tel. +41 22 732 1304
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