European Commission-funded programme in Japan for the benefit of EU companies
Foreign Direct Investment in Japan
Short Course on “Invest in Japan”
for senior executives working in EU firms (including SMEs)
with a strategic interest in establishing a presence in Japan
• Is your company considering entering the Japanese market for the first time or increasing its presence through direct investment in Japan?

• Is your company seeking a long-term constructive solution to a number of problems facing market entry into Japan?


• Is merging with or acquiring a Japanese domestic company regarded as a more viable way to integrate the Japanese market with global operations?
FDI 2009 session
Training dates: 2 - 6 February 2009
Application deadline: 6 November 2008
Pre-departure briefing: n/a
* Dates and course content are subject to modification
 • Programme description
 • Participant profile
 • Eligibility
 • Selection
 • Programme objectives
 • Programme design and content
 • Costs
 • Timetable
 • Contacts

 • FDI in Japan publication

Interested in applying?

• Download
the APPLICATION FORM:

   
Acrobat version to be faxed to +32 2 282 00 45
   Word version to be mailed to Céline Godart

 • Click here for a PDF version of the below    information
PROGRAMME DESCRIPTION
Japan is a wealthy, high-income country with a large and sophisticated domestic market. The Japanese investment landscape has opened up, thanks to deregulation and a sustained action by the government to offer FDI incentives. Japan is also an attractive platform for the East Asian region.

Nowadays, Japan is an attractive location for foreign investments, as witnessed by the active increase in the volume of FDI activity in recent years (see chart).
FDI in Japan is a practical course designed for senior executives from EU firms (including SMEs) responsible for defining and rolling out strategic investment plans in Asia/Japan. Throughout the course, participants will be enlightened by corporate FDI advisors, as well as professional advisors with hands-on experience of executing FDI deals in Japan.

FDI in Japan offers a good opportunity for EU firms to acquire an in-depth understanding of Japanese FDI execution for the purpose of implementing their own business integration plan with a Japanese partner.
PARTICIPANT PROFILE
This mission is targeted at medium and large firms, more specifically at participants mandated to act as the corporate "FDI in Japan Project Leader" able to oversee the entire sequence of events.

A. The candidate from a sponsoring firm should be:
• an executive responsible for corporate investment, corporate strategy, planning and development;   or
• a manager/executive with past experience in preparing and conducting FDI for his/her firm;
• working for a company with a record of FDI transactions;

B. The candidate from a sponsoring Trade Association, Employer Federation, Chamber of Commerce or similar organisation should be:
• an executive with responsibility for FDI transactions; and
• employed by an organisation having members meeting requirement A.3. above
ELIGIBILITY
The candidate:
- must be a citizen of an EU Member State;
- must work for an organisation that is >50% EU-owned;
- should be an executive from a European company;
- must be supported by his/her employer and be able to participate in the entire programme;
- should have working experience;
- must have a reasonable command of English.
SELECTION
Preference will be given to:
Candidates mandated to act as the corporate "FDI in Japan Project Leader" able to oversee the entire sequence of events such as:
- senior executives from EU firms who are responsible for defining and rolling out strategic   investment plans in Asia/Japan; or
- executives working in one of the following positions within EU firms:
a) corporate planning/strategy,
b) business,
c) corporate finance and investment,
d) key account managers; or
- executives from firms who have an interest in gaining access to:
a) manufacturing facilities,
b) technical services/maintenance facilities,
c) a logistics hub,
d) a localisation facility with a niche technology of interest.

No applications should be made by employees of companies or organisations involved in businesses where non-Japanese equity participation is prohibited: notably armaments, narcotics, nuclear technology, etc...

In order to ensure a high degree of personal attention, the number of participants in each programme is limited.
PROGRAMME OBJECTIVES
From this course, participants will:
- Gain a practical understanding of how to structure and execute FDI projects for their own firms   (dos and don'ts);
- Learn to avoid pitfalls - understand the checklist of key problem areas in the Japanese FDI   process;
- gather information and resources about incentives offered by various Japanese national, regional   and local
- Understand how to deal with trust and sensitivity to cultural differences when investing in   Japanese assets;
- Gather all the necessary contacts, tools and means to help set up a concrete investment plan in   Japan.
PROGRAMME DESIGN AND CONTENT *
FDI in Japan is a 5-day course that will include an introductory session and a final course briefing and will offer a mix of lectures, case studies, study trips and company visits.
The course will focus on:

FDI initiation - coverage will be given with particular reference to:
- FDI intermediaries: investment banks, securities companies, megabanks, regional banks, FDI   boutiques, trade associations, etc.;
- Target search procedures: long-listing, short-listing; and
- Initial approach: psychology, perceptions, decision-makers, key concerns, presentation, direct   vs. indirect approach.

FDI execution - coverage will be given with particular reference to:
- SMEs: distribution by scale, location and aggregated financials, FDI statistics;
- Personnel: employment legislation, welfare legislation, personnel practices;
- Accounting: overall framework and practices, stock, sales debtor, fixed asset, goodwill, valuation,   employee pension liabilities, loan guarantees and other off-balance sheets;
- Legal: overall framework and practices, Anti-Monopoly Law, specific industry regulations and   legislation, Commercial Code requirements, trigger levels of equity participation;
- Tax: overall framework and practices, special issues e.g. imputed gifting; and
- Other: media liaison, corporate governance, available patterns of FDI deals (merger, acquisition,   participation, business transfer, etc.), central + local government agency liaison, post-transaction   issues.

(*) The precise content of the programme and its schedule are currently being determined and are subject to modification also in response to participants' interest.
COSTS

The EU-Japan Centre covers all costs directly related to the programme (i.e. conferences, seminars and transportation costs during group field trips in Japan). The Centre also covers accommodation costs for the duration of the course for participants ordinarily based in Europe, who normally work in an office in the EU.

The participant’s company is expected to cover the participant’s travel costs to and from Japan as well as living expenses in Japan.

TIMETABLE
Initial Planning of the course*

Day 1 - Introduction followed by course orientation and macro + micro overview (macro economist,             public sector staff, regional banking staff)

Day 2 - FDI initiation + execution overview and 2 case studies (FDI advisors)

Day 3 - FDI initiation + execution overview and 2 case studies (accounting, legal, personnel and             tax advisors)

Day 4 - Out-of-Tokyo visits of 2 case studies

Day 5 - Review, discussion and conclusions with speakers of D2 and D3
            Final course debriefing

For more updates and details, please contact the course programme manager.

* Dates and course contents are subject to changes without prior notice.
CONTACTS
Céline Godart
Programme Manager
tel.: + 32 (0)2 282 37 16
fax: + 32 (0)2 282 00 45
e-mail: c.godart@eu-japan.eu

Emi Shibuya
Programme Coordinator
tel.: + 32 (0)2 282 00 42
fax: + 32 (0)2 282 00 45
e-mail: e.shibuya@eu-japan.eu

Contact in Japan - Tokyo Head Office
Fabrizio Mura - Deputy General Manager
tel.: + 81 (0)3 3221 6161
e-mail: comFDI@eu-japan.gr.jp