Investing in Japan
Investment News
Denotes firm made use of JETRO support and/or services to set up their business/affiliate in Japan.
- Dec. 21, 2007
- Foreign Auto-industry Firms Continue to Flock to Kanagawa Prefecture: TMD, Karmann and Sabo
- Dec. 18, 2007
- Metris, a Belgium-based Metrology Solutions Provider, Begins Full-Scale Operations in Nagoya
- Dec. 6, 2007
- Travelzoo K.K., a wholly owned subsidiary of US-based Travelzoo Inc., begins its full-scale operation in Japan
- Nov. 19, 2007
- Leading German Industrial Robot Manufacturer KUKA Roboter Kicks Activities into High Gear in Japan
- Nov. 16, 2007
- Emerson Japan Establishes its First Support Center in Japan (Chiba), Looking towards Development of Process Automation Business
- Nov. 14, 2007
- Comtec and Korean Venture Company Zionex Establish Joint Venture
- Oct. 23, 2007
- US-Based Mobile Content Networks Announces Formation of MCN Japan and Relocation of Corporate Headquarters to Tokyo
- Oct. 12, 2007
- Leading Swiss Dental Manufacturer Nobel Biocare Opens First Asian Plant in Chiba
- Sep. 18, 2007
- India-based TATA AutoComp Systems Opens Branch Office in Yokohama
- Sep. 3, 2007
- adidas Japan Continues its Expansion into Japan's Regions
- Aug. 23, 2007
- German Coachbuilder Karmann Establishes Japan Subsidiary
- Aug. 20, 2007
- Finland-based Ship Design/Operation Software Provider Establishes Japan Subsidiary in Kobe
- Aug. 8, 2007
- German Hydraulic Components Maker Establishes Subsidiary in Nagoya
- Aug. 3, 2007
- German Caster and Wheel Maker Establishes Japan Subsidiary
- Jul. 20, 2007
- Norwegian Videoconferencing Firm Expands Japan Presence to Osaka
- Jul. 20, 2007
- US Content Delivery Network Service Provider Establishes Japan Subsidiary
- Jul. 20, 2007
- Chelsea Japan Opens Premium Outlet Mall in Kobe
- Jul. 18, 2007
- Nortel Partners with Toshiba to Develop WiMAX Base Stations for Japan and Global Markets
- Jul. 13, 2007
- Leading German photovoltaic maker, Q-Cells AG, opens Tokyo representative office
- Jul. 10, 2007
- Switzerland-based Electrosuisse Kicks Activities into High Gear in Japan
- Jul. 6, 2007
- Swatch Group Japan Opens New Branding Hub in Tokyo
- May 11, 2007
- US-based Xsigo Systems Establishes Japan Subsidiary
- May 10, 2007
- EqualLogic Establishes Japanese Subsidiary in Tokyo
- Apr. 25, 2007
- China-based telecommunications carrier establishes a subsidiary in Tokyo
- Apr. 12, 2007
- Citrix Systems Japan strengthens its R&D capabilities
- Apr. 6, 2007
- US auto parts manufacturer, Cooper-Standard Automotive, expands into Nagoya
- Apr. 5, 2007
- Taiwanese Shoe Firm Steps Into Japan Market with New Ginza Store
- Feb. 16, 2007
- US human resource company opens branch office in Tokyo
- Jan. 24, 2007
- Marcolin, an Italian eyewear company expands into Japan
- Jan. 24, 2007
- Korean-based Sosul, a semiconductor equipment and materials company, sets up a joint venture in Saitama
- Jan. 17, 2007
- Philippine-based IT solution provider launches Japan Operation
- Jan. 10, 2007
- Netherlands-based Randstad, a major human resources company opens new business establishment in Tokyo
Dec. 21, 2007
Foreign Auto-industry Firms Continue to Flock to Kanagawa Prefecture: TMD, Karmann and Sabo
Kanagawa prefecture, home to a number of R&D facilities for major automakers and a concentration of supporting industries, is seeing an influx of foreign-affiliated auto parts makers and auto-related service providers. Since January 2003, ten such firms* have set-up operations in the region, the same number opting for Aichi prefecture, Japan's auto industry capital. Notably, six of these ten firms are Germany-based, which may be explained by Kanagawa prefecture being home to the German Centre for Industry and Trade (GCIT), an international German school and a thriving German community. Three of these recent entrants are outlined below: TMD Friction and Wilhelm Karmann, both of Germany, and Brazil-based Sabo.
*JETRO supported a total of 29 foreign-affiliated auto industry firms (including these ten selecting Kanagawa) in setting up a presence in Japan as a whole between January 2003 and October 2007.
read moreTMD Friction
TMD Friction, Europe's largest (and the world's second largest) manufacturer of high performance automobile disc brake pads and drum brake linings, established a subsidiary in Yokohama in October 2004. The firm sought to strengthen ties with Japanese automakers, in particular at the early stages of product development and testing, when technical decisions about brake pads and linings are made. Having a base in Japan greatly facilitates TMD's ability to take part in such early phases, which typically involve many meetings between manufacturer and part supplier. TMD's Japanese clients use the firm's brake pads and linings (which are built to European specifications) for models built in Japan for export to Europe or those assembled in Europe for sale in local markets. TMD is also aiming to become a supplier of its leading components for domestic Japan car models, with plans to open an R&D facility in Yokohama towards this aim by the end of 2009.Wilhelm Karmann
Karmann is a leading developer and manufacturer of automobiles and convertible roof systems, holding a 20% share of the world market for convertible roof systems. The firm opened a Japan representative office in November 2006, at the encouragement of one of its principal Japan partners, a major automaker. Karmann upgraded this office to a full subsidiary in July 2007. Although the Japan market for convertibles is currently small, changing demographics and lifestyles are expected to boost demand. By setting up a manufacturing facility in Japan, Karmann is better able to work closely with automakers in all phases of development, from R&D to product completion. This is vital for such manufacturer-supplier partnerships, which require close technical collaboration.Sabo
Sabo is Brazil's leading manufacturer of sealing and fluid conveyance products, mainly oil seals, water pump seals, gaskets and hoses, for the automotive market, supplying to the major OEMs worldwide and exporting to over 70 countries. Sabo already does business with Japanese automakers out of its operations in Brazil and Germany. Aiming to improve technical and commercial support for its Japan customers and expand sales in the country, Sabo opened a Japan branch office in June 2007, after taking part in a JETRO-organized invitational tour program focusing on the auto components industry. Sabo intends to supply high quality, self-certified components for the Japan market that are made in Brazil, Germany or China and tailored to the needs of Japanese automakers. The firm sees Japan as a key center in its global strategy, and aims to further its share of the global market by setting up a factory and increasing investments in Japan or entering into a capital partnership with a Japanese manufacturer that has a matching business strategy.
Dec. 18, 2007
Metris, a Belgium-based Metrology Solutions Provider, Begins Full-Scale Operations in Nagoya
On November 26th, Metris
, a Belgium-based provider of 3D laser measuring machines for the automotive and aerospace industries, announced the launch of its full-scale Japan operations, having established Metris Japan K.K., (wholly owned by Metris' British subsidiary) in Nagoya this past February. The office has a showroom featuring its range of products.
Metris, which provides solutions for many of Europe's leading automotive manufacturers, decided that a Japanese operation was needed to bring the firm closer to its Japan customers, to learn their needs and develop products accordingly. Bert Adams, Metris Japan's president, said, "We chose Nagoya for our Japan office because our major customers are located in the area. We'll be enhancing our customer technical support, and realize the importance of having Japanese staff deal with our Japan customers and distributor network. Therefore, we will be adding Japanese staff in the coming year."
Adams added, "In the past, the automotive industry primarily needed contact measuring machines, but now the demand is shifting to non-contact solutions. Metris is a leader in non-contact measuring machines. In Japan, the automotive industry accounts for 60% of our sales, and the aerospace industry for 40%. The goal in opening our Nagoya office is to lift the portion of our world revenue from Japan to 20% (from 5% now)."
Metris utilized JETRO's Invest Japan Business Support Center in Nagoya to set-up its Japan office, taking advantage of free temporary office space, expert consultation and other services. The firm first began making use of JETRO's support and services in 2006.
Dec. 6, 2007
Travelzoo K.K., a wholly owned subsidiary of US-based Travelzoo Inc., begins its full-scale operation in Japan
On November 28th, 2007, Travelzoo K.K., the Japan subsidiary of New York-based Travelzoo, the world's largest publisher of internet travel deals with some 12 millions subscribers worldwide and partnerships with over 900 leading travel companies, launched a Japanese version of its weekly Travelzoo Top 20®. The email newsletter highlights the 20 best travel deals as evaluated and verified by its researchers, who confirm the accuracy and availability of every deal.
The Japan office, led by Yukiko Muto, a seasoned internet industry veteran, plans to offer other tools to travel-related firms in Japan, such as its Newsflash™ an email alert service and SuperSearch™, a travel search engine. Travelzoo considers Japan, the world's second largest economy, a key market.
In setting up Travelzoo K.K., earlier this year, the firm made use of JETRO's Invest Japan Business Support Center in Tokyo, utilizing free office space and consultations with expert advisors.
Nov. 19, 2007
Leading German Industrial Robot Manufacturer KUKA Roboter Kicks Activities into High Gear in Japan
KUKA Robotics Japan K.K., the Japan subsidiary of leading Germany-based robot manufacturer KUKA Roboter launched this July, is endeavoring to expand its Japan client base, covering automobiles, metal, electronics and food manufacturers.
The firm offers a diverse range of industrial robots for Japan, the world's largest industrial robot market. In line with its marketing activities, KUKA will set-up a large booth (covering 320 sq. m.) at the 2007 International Robot Exhibition, to be held this November 28th to December 1st at Tokyo Big Sight.
JETRO invited KUKA to Japan through the Invest Japan Invitation Program focusing on the robot technology industry in 2005, later providing the firm with information and consultation by experts in helping to establish its Japan presence.
Nov. 16, 2007
Emerson Japan Establishes its First Support Center in Japan (Chiba), Looking towards Development of Process Automation Business
On October 19, Emerson Japan established a solutions center in Ichihara City, Chiba Prefecture, as a base for the provision of services in the field of process automation.
The Chiba solutions center will function as a base for the company's service system, calibration stand*, and offer remote maintenance and parts and stock services. The center will also feature a demonstration and training center that will enable clients to experience the company's PlantWeb system using real equipment. PlantWeb enables optimization of process control, asset management, and other essential functions.
Emerson Japan is the Japanese subsidiary of Emerson, a major U.S. electronic equipment manufacturer. The company will invest approximately 200 million yen in its new center in order to establish a comprehensive support system for its plant control business that will involve activities ranging from the provision of support for the introduction of Emerson systems to maintenance and repair following introduction. The company ultimately aims to staff the center with around 50 engineers and other employees. Targeting the industrial complexes stretching between Tokyo and Chiba, Japan's largest market for process automation, the company decided to establish its first domestic solutions center in Chiba because the location also simplified the provision of support from the Tokyo head office. The company intends to establish bases in other industrial areas as required, seeking to expand its share of the Japanese market.
* Equipment enabling testing of flow meters. Using real water, the equipment enables final adjustments of the meters as well as measurement accuracy and output signal accuracy in relation to the rated accuracy to be tested.
Nov. 14, 2007
Comtec and Korean Venture Company Zionex Establish Joint Venture
Comtec, Inc., a provider of IT support services including system consulting, established Comnext, Inc., a joint venture with the Korean venture company Zionex, Inc. in Tokyo on October 10. Comtec will provide 51% and Zionex 49% of the 15 million yen funding of the new venture.
Zionex is responsible for the development of the T3 Series of Advanced Planning and Scheduling (APS) engines, which have been introduced to major Korean liquid crystal and semiconductor manufacturers.
Comnext, the newly established joint venture, will develop products incorporating the Zionex APS engines and market them in Japan and the Asian region. The company will develop packages mainly targeting the manufacturing industry, and intends to expand and enhance its activities to provide one-stop services by accepting outsourcing management jobs, from those involving consultation and customization at installation to system operation following installation.
* APS is a production management system that establishes optimized schedules based on simultaneous consideration of process plans, material procurement plans, personnel plans, inventory management, etc. This speeds up availability-to-promise forecasting, reduces production lead times, and promotes inventory reduction.
Oct. 23, 2007
US-Based Mobile Content Networks Announces Formation of MCN Japan and Relocation of Corporate Headquarters to Tokyo
This October, US-Based Mobile Content Networks (MCN), the world's leading independent Mobile Search Management solutions provider, announced the establishment of MCN Japan K.K., a wholly-owned subsidiary of MCN Inc.
After launching its first services in early 2006, MCN opened its largest data center in Tokyo to support traffic growth in Japan and Asia in May 2007.
Concurrent with the formation of MCN Japan K.K., MCN moved its global operating headquarters to Tokyo to accelerate response to growing demand for MCN's whitelabel Mobile Search Management platform in Japan, Southeast Asia, China, and India.
"Success in Japan is a key priority for MCN and we've taken a consistent, strategic approach to establishing our Mobile Search Management solution in the world's most advanced mobile market", said Marc Bookman, MCN's CEO. "Also, by relocating our senior business management to Japan, we are taking full advantage of time zones and geographic location to respond in real-time to customer and market requirements not only in Asia but in Europe as well."
Oct. 12, 2007
Leading Swiss Dental Manufacturer Nobel Biocare Opens First Asian Plant in Chiba
Nobel Biocare, a pioneer in modern dental implants, opened its Makuhari Plant in Narashino, Chiba prefecture in September 2007 as the company's first Asian supply base. The plant makes all-ceramic products including bridges and customized dental restorations formerly obtained from group plants in Sweden and the United States. It will serve customers in Japan and later, throughout Asia and Oceania.
Nobel Biocare first established a presence in Japan by founding Nobel Biocare Japan in Tokyo in 1985. Now, with more than two decades of experience in the domestic market, Nobel Biocare Japan has built a solid reputation as a leading company for esthetic and restorative dental solutions. The company provides a full range of products required in treatment, from implants to prosthetics, in addition to offering instruction on relevant dental procedures. Looking to expand business in Japan, Nobel Biocare established Nobel Biocare Procera Co. Ltd. in Narashino in March 2007 for all-ceramic bridges, individually designed restorations, and similar products.
In establishing the Chiba plant, Nobel Biocare utilized support from the Investment Promotion Division of the Chiba prefectural government and the Chiba Investment Support Center. The company also participated in the Invest Japan Invitation Program, offered by JETRO and Chiba prefecture, to research the local investment and living environment. Nobel Biocare chose to situate its new plant in Narashino because of the city's close proximity to its Tokyo headquarters as well as the easy access it affords to Narita airport, which is essential in distribution.
Sep. 18, 2007
India-based TATA AutoComp Systems Opens Branch Office in Yokohama
In September 2007, TATA AutoComp Systems Limited (TACO), a leading Indian auto components manufacturer and subsidiary of Tata Group, opened a branch office in Yokohama with the support of JETRO and the Kanagawa prefecture and Yokohama city governments. Through the new office, the firm aims to strengthen its customer support functions and expand its Japan channel partner network, dispatching auto parts design engineers to Japanese firms and handling engineering process outsourcing. The firm plans to increase the number of engineers working at its Japan arm to 100 within two years.
TACO's entry into Kanagawa prefecture reveals the growing trend among foreign firms to target the prefecture: since the start of FY2007, a total of 15 foreign firms have utilized JETRO's Invest Japan Business Support Center (IBSC) to set-up offices in the prefecture. This is more than triple the number recorded during the same period last fiscal year.
- For more information about the Invest Kanagawa Program (Kanagawa prefectural government)
Sep. 3, 2007
adidas Japan Continues its Expansion into Japan's Regions
In August 2007, adidas Japan K.K., the Japanese arm of major sports brand adidas Group, opened two more of its specialized "Performance Centers": in Sendai on August 3 and Hiroshima on August 24. With locations worldwide, the Performance Centers are specially designed retail shops that offer customers the same high-tech customization typically reserved for elite athletes, and include a wide range of the firm's high-performance products and sports gear.
Other Japan Performance Centers are located in Osaka (November 2004), Tokyo (February 2005), Nagoya (April 2005), Sapporo (March 2007) and Fukuoka (April 2007). The Osaka center was the group's 4th, after Marseille/Toulouse (France), Lisbon (Portugal) and Las Vegas (US).
Established in February 1998, adidas Japan operates 28 retail stores across the country, including the Performance Centers, and is working with its sales partners to expand its Japan network further.
Aug. 23, 2007
German Coachbuilder Karmann Establishes Japan Subsidiary
In July 2007, Germany-based Wilhelm Karmann GmbH, a full-service provider to the automotive industry, established a Japan subsidiary, Karmann Japan Co., Ltd., in the German Centre for Industry and Trade (GCIT), a facility offering offices and leased space to companies for research and development activities located in Yokohama City, Kanagawa prefecture.
The firm plans to begin domestic production of convertible roof systems for Japanese automakers by 2009, with the majority of parts and components being produced in Japan.
Karmann made use of JETRO's Invest Japan Business Support Center (IBSC) in Yokohama and support from Kanagawa prefecture to open its Japan representative office in GCIT in November 2006.
- For more information about the JETRO IBSC
- For more information about the Invest Kanagawa Program (Kanagawa prefectural government)
Aug. 20, 2007
Finland-based Ship Design/Operation Software Provider Establishes Japan Subsidiary in Kobe
In August 2007, Napa Ltd., a provider of software for ship design and operation headquartered in Helsinki, Finland, established a Japan subsidiary, Napa Japan K.K. in Kobe, in response to increasing demand for direct dealings with its Japan customers. This follows the opening of the firm's Japan representative office in 2001.
Through the new office, the firm aims to strengthen its customer support functions, including customization of operating systems, to meet its customers' needs in Japan's marine industry.
Napa Ltd. was incorporated as an independent company in 1989 from a business unit of the Wärtsilä Group, which has roots in the ship design office of Helsinki's Wärtsilä shipyard. The Finish firm now has 400 clients in over 50 countries worldwide, with representative offices in Shanghai and Busan, in addition to the newly established company in Japan.
Aug. 8, 2007
German Hydraulic Components Maker Establishes Subsidiary in Nagoya
In July 2007, HAWE Hydraulik GmbH & Co. KG, a leading manufacturer of hydraulic components and systems based in Germany, announced plans to take over the sales arm of Daido Machinery Ltd. and establish a Japan subsidiary, HAWE Daido Hydraulics Co. Ltd. in Nagoya, Aichi prefecture. A subsidiary of the Daido Steel Group and a long-standing sales partner of HAWE, Daido Machinery will retain a 20% share in the newly founded company for the next five years.
HAWE established its Japan base, which is expected to be fully operational by September 2007, to enhance its sales and marketing capabilities in Japan's industrial machinery sector, planning to draw on the experience the firm gained through working with Japanese hydraulic technology experts over many years.
Aug. 3, 2007
German Caster and Wheel Maker Establishes Japan Subsidiary
In July 2007, TENTE-International GmbH, a Germany-based manufacturer of casters and wheels, established a Japan subsidiary, TENTE Caster Co., Ltd., in Tokyo, to widen its customer base in the country and enhance after-sales service. This follows the opening of a Japan representative office in March 2005. This is the firm's second Asia subsidiary, after China.
Peter Fricke, Managing Partner of TENTE International GmbH, explains, "Our interest in Japan is a growth investment for the future. We see good chances to be successful with our medical products, which are mostly developed and manufactured in Germany. The highly demanding medical market in Japan is well-known for its high quality standards."
TENTE-International GmbH has a distribution network in over 100 countries and holds an overwhelming share of the market for hospital bed casters.
Jul. 20, 2007
Norwegian Videoconferencing Firm Expands Japan Presence to Osaka
Leading videoconferencing system firm, Nihon Tandberg K.K., headquartered in Minato-ku, Tokyo, opened an office in Osaka on June 27th, 2007, marking the first entry into the Osaka videoconferencing market by a foreign-affiliated firm. Nihon Tandberg is the Japan affiliate of Tandberg of Norway, a global leader in the videoconferencing system industry headquartered in Oslo and New York. Tandberg provides videoconferencing systems and associated services in 90 countries, mainly to Fortune 500 companies.
In recent years, the firm's Japan arm has enjoyed strong growth in the Kansai region (around Osaka), which now accounts for nearly 30% of its Japan sales. Kansai is home to numerous leading global manufacturers and other firms that play a key role in the Japanese economy. A recent survey by the Ministry of Economy, Trade and Industry Kansai Bureau revealed that capital investments in the region were up 15% over the previous year among respondent firms. This accounts for increased interest among firms in videoconferencing systems, which help improve management, boost efficiency and reduce operating costs. This trend—which looks set to continue—has translated into increased business for Nihon Tandberg and prompted the firm to open an Osaka office.
*To set-up its second Japan office, the firm made use of JETRO's Invest Japan Business Support Center (IBSC)in Osaka, utilizing free office space and business consultation. The firm also received support from the Osaka prefectural and city governments, the IBPC Osaka Investment Promotion Center and the Kansai Partnership.
For more information about the JETRO IBSC.
Jul. 20, 2007
US Content Delivery Network Service Provider Establishes Japan Subsidiary
In July 2007, Limelight Networks, Inc., a US-based digital content delivery network (CDN) service provider, announced the establishment of its Japan subsidiary, Limelight Networks Japan, Inc., in Tokyo.
"In response to strong demand in Japan for Internet distribution of video, music, games, social media and e-commerce, our Japan subsidiary will focus on providing customer service for companies in these industries that require real-time delivery of rich content across multiple platforms and browsers," says Mr. David Hatfield, the firm's senior vice president of worldwide sales, marketing and services.
As of May 2007, approximately 800 clients worldwide had signed up with Limelight Networks to deliver their multi-media content to customers, including Amazon Unbox, FOXNews.com, MySpace and Microsoft's Xbox Live.
Jul. 20, 2007
Chelsea Japan Opens Premium Outlet Mall in Kobe
On July 6, 2007, premium - outlet - mall developer Chelsea Japan Co., Ltd.* opened "Kobe - Sanda Premium Outlets" in Kobe City, Hyogo prefecture, the firm's sixth development in Japan, after Shizuoka (opened July 2000), Osaka (November 2000), Tochigi (March 2003), Saga (March 2004) and Gifu (March 2005).
With a total area of 195,000 sq. m, 19,100 sq. m of which is retail space, Kobe Sanda boasts 87 shops, both domestic and foreign brands and includes the first Japan outlet shops for French handbag maker Longchamp, Italian home appliance maker DeLonghi, and eight others.
The firm will continue to enhance its outlet business throughout the country, with plans to open another property in Sendai City, Miyagi in the fall of 2008.
*Chelsea Japan Co., Ltd. was formed in 1999 as a joint venture between US-based property developer, Chelsea Property Group, and Mitsubishi Estate Company and also Nissho Iwai (now, Sojitz Corporation).
Jul. 18, 2007
Nortel Partners with Toshiba to Develop WiMAX Base Stations for Japan and Global Markets
Nortel Networks Limited, a Canadian global telecommunications company, announced plans to develop WiMAX* base stations for Japan and global markets in cooperation with Toshiba Corp.
Utilizing Nortel's next-generation broadband wireless technology and Toshiba's high-efficiency amplifier and miniaturization technology, the new stations will offer low power consumption with high reliability and feature miniaturized equipment.
"Japan is an important market for us," said Peter MacKinnon, general manager of Nortel WiMAX and Wireless Mesh and chairman of LG-Nortel. "This agreement with Toshiba is positioning Nortel to play a further role in helping Japanese and global service providers deliver high-speed mobile broadband services", he added.
*WiMAX, or Worldwide Interoperability for Microwave Access, also known as Wireless MAN (Wireless Metropolitan Area Network), aims at enabling usage in wider coverage areas than a wireless LAN and at accelerating access speeds. The technology is expected to replace systems such as ADSL that rely on wired broadband access.
Jul. 13, 2007
Leading German photovoltaic maker, Q-Cells AG, opens Tokyo representative office
Germany-based Q-Cells AG, a leading photovoltaic maker, established a representative office in Tokyo on June 27, 2007, marking the first entry of a German photovoltaic maker into the Japan market. This is the firm's third office in Asia, after a subsidiary in Hong Kong and a representative office in Hangzhou/China.
The company already had strong relationships with suppliers in Japan, including wafer manufacturers, and also through supplying solar cells (a core part of solar batteries) to a major Japanese module manufacturer. By establishing its Japan representative office, the firm aims to expand its supplier base and increase technological tie-ups with its Japanese partners.
Jul. 10, 2007
Switzerland-based Electrosuisse Kicks Activities into High Gear in Japan
Electrosuisse Japan Co., Ltd., based in the Kobe Port Island development, where the Kobe Medical Industry Development Project is under way, is endeavoring to expand its Japan client base, focusing on leading medical equipment manufacturers.
The firm, a Japanese subsidiary of Switzerland-based Electrosuisse that was officially launched in January 2007, offers a diverse range of services for the Japanese market, including design and preparation of instruction manuals for medical equipment and other products. This includes such services as DVD and 3D animation, graphic user interface design and ergonomics usability tests.
JETRO's Geneva office played an intermediary role in helping Electrosuisse establish its Japan presence. In Japan, the firm utilized free temporary office space and consultation by experts at JETRO's Invest Japan Business Support Center (IBSC) in Kobe.
- For more information about the JETRO IBSC
- For more information about the Kobe Medical Industry Development Project
- For other Success Stories
Jul. 6, 2007
Swatch Group Japan Opens New Branding Hub in Tokyo
The Avenue du Temps,
Nicolas G. Hayek Center
Copyright © 2007,
The Swatch Group Ltd
On May 24, 2007, Swatch Group (Japan) KK, the wholly owned subsidiary of Switzerland-based Swatch Group Ltd., opened the "Nicolas G. Hayek Center" in Ginza, one of Tokyo's premier shopping areas.
The new, 14-story center houses the Swatch brand's first Japan flagship store and serves as the group's branding hub for Japan. Other facilities include an after-sales service center, event hall, and headquarter offices for Swatch Group Japan.
Stand-alone boutiques for luxury Swatch Group brands Breguet, Blancpain, Glashütte Original, Léon Hatot, Jaquet Droz and Omega are housed in the building as well (shops for Breguet, Blancpain, Glashütte Original and Léon Hatot are these brands' first direct management boutiques in Japan).
May 11, 2007
US-based Xsigo Systems Establishes Japan Subsidiary
US-based Xsigo Systems, a provider of service-oriented I/O virtualization platforms (including sales and improvements of related hardware), established a Japan subsidiary, Xsigo Systems Japan Co., Ltd., in Tokyo, the company said on April 23rd, 2007.
The wholly owned Japan subsidiary, established in November 2006, is currently in the final stages of negotiations with Japanese partners, who will handle sales and customer support for the firm.
May 10, 2007
EqualLogic Establishes Japanese Subsidiary in Tokyo
EqualLogic, a major US-based provider of enterprise-class iSCSI storage area network (SAN) (a protocol standard that enables data transfer over TCP/IP networks) solutions, announced the establishment of its Japan subsidiary, EqualLogic Japan Co., Ltd., in Tokyo this past April.
Through the Japan office, the company aims to strengthen its customer support functions and expand its network of channel partners in Japan.
Apr. 25, 2007
China-based telecommunications carrier establishes a subsidiary in Tokyo
In April 2007 the China Netcom (Group) Company Limited (CNC), a major telecommunications carrier in China, announced the establishment of its Japanese subsidiary with 366 million yen in capital. CNC started to set up their point-of-presence (POP) in Japan from September 2006, and is schedule to complete system testing by the end of April 2007.
According to a spokesperson of CNC Japan, "CNC has accelerated to expand the communication network globally. To enrich our services to our customers, Japan is considered to be one of the important bases, as well as other POP abroad already established in the US, Germany and the UK."
Apr. 12, 2007
Citrix Systems Japan strengthens its R&D capabilities
On April 2, 2007, Citrix Systems Japan K.K.(*) announced to spin off its R&D sector into a separate company and establish Citrix Systems Japan R&D K.K. with 30 million yen in capital. By establishing the new company, it aims to build up a framework of quick decision-making and to intensify communication among its R&D teams globally. It is also in line with the Citrix Systems Group's global business strategy to spin off their R&D into a separate entity.
*Citrix Systems Japan K.K. was founded in December 1997 in Tokyo, as the Japanese arm of US-based Citrix Systems, Inc., which specializes in designing, developing and marketing technology solutions that enable on-demand access to information and applications.
Apr. 6, 2007
US auto parts manufacturer, Cooper-Standard Automotive, expands into Nagoya
In late February 2007, Cooper-Standard Automotive, Inc., a US auto parts manufacturer of sealing system products, fluid system products, vibration control system products, announced the establishment of a Japanese company in Nagoya City of Aichi Prefecture, one of the major industrial clusters of transportation machinery manufacturers in the country.
In keeping with an increase of sales in Asian regions in 2006, Cooper-Standard Automotive established the base in Japan to enhance its presence in this region. The new company aims to expand its business for the Japanese automakers' global programs and US Big Three's Asian programs, from an early stage of design and development.
Apr. 5, 2007
Taiwanese Shoe Firm Steps Into Japan Market with New Ginza Store
On March 22, Taipei-based footwear manufacturer, La New International Corporation, opened its first Japan retail store, in Tokyo's fashionable Ginza shopping district. The store sells mainly La New's own casual and sports shoe brands, which the company hopes will appeal to health and fitness-minded consumers.
The firm plans to enhance its sales network in the country and open a second Tokyo shop, utilizing its Japan distribution channels, a company spokesperson said.
The firm established its Japan subsidiary in January 2007.
Feb. 16, 2007
US human resource company opens branch office in Tokyo
In February 2007, MAX Consulting Group, Inc, a US human resources company (Personnel Services/Executive Search firm) headquartered in New York, announced the opening of its branch office in Tokyo.
Since its start in New York in July 1994, MAX Consulting has specialized in job placement for bilingual Japanese business people. The company has provided job placement service to more than 10,000 personnel in major cities in the US and other countries/regions including London, Singapore, Shanghai, Hong Kong, Guangdong, Seoul, Mexico and Japan.
MAX Consulting originally opened a representative office in Tokyo in 1998, and has developed an alliance with its Japanese partner to expand business in Japan. By establishing this new Japanese branch office, it will enhance support services to Japanese "career-changers" or new graduates returning from overseas, as well as strengthen human-related services to Japanese companies that are going to expand into the US.
Jan. 24, 2007
Marcolin, an Italian eyewear company expands into Japan
Marcolin Group, one of the leading Italian companies in the eyewear industry worldwide, established a joint venture company in Tokyo. The new company, Marcolin Japan, was established between Marcolin Spa with a 40% share of the total 40 million yen capital and a Japanese eyewear manufacturer Optec Japan Corporation with a remaining 60% equity share.
By creating the new company in Japan, Marcolin will strengthen its presence especially in the Japanese market for the luxury eyewear. Mr. Cirillo Marcolin, CEO of the Marcolin Group, stated: "As this (Japanese) market is becoming unbelievably important for our business, we decided to elaborate a more aggressive strategy for our brands in Japan, through a direct presence and a customized approach. Optec is absolutely the ideal partner for this venture and this new alliance will bring our business to the next level."
Jan. 24, 2007
Korean-based Sosul, a semiconductor equipment and materials company, sets up a joint venture in Saitama
In December 2006, SOSUL Co., Ltd, a Korean-based semiconductor equipment and materials company, set up a joint venture with FASTGATE Corporation, a Japanese company in the same industry.
The new company, FGC-Sosul Co.,Ltd., was established in Saitama City with support from the Saitama International Business Support Center (SBSC) operated by the Saitama Prefectural Government, Saitama City Council and Saitama Chamber of Commerce and Industry.
Sosul's equipment that etches silicon wafer bevel have been imported and sold in Japan through a partnership with FASTGATE. Sosul will delegate production of their products, and will strengthen their operation in Japan by developing quality of the product in accordance with the specification of Japanese customers.
Jan. 17, 2007
Philippine-based IT solution provider launches Japan Operation
A Philippine-based IT solution provider of the Ayala Group, Ayala Systems Technology, Inc. (ASTI), established a Japanese subsidiary, ASJ (Ayala Systems Japan), Inc. in November 2006. Business was launched in Foreign Affiliates Start-up Center (FASuC) operated by Chiba Prefectural Government. ASTI initially received support from JETRO's Invest Japan Business Support Center (IBSC) and JETRO Chiba.
In addition to the dispatch of ASTI's engineers in the fields of software development, IT support/data center operation, ASJ also provides offshore businesses services to Japanese clients, and incubation services to help companies begin a new enterprise in the Philippines.
"Recently, increasing number of western companies have considered the Philippines as a software developing base," says ASJ President Mr. Shigeru Koda. "By making use of ASTI's engineers who are skilled in open-source software, also proficient in English and Japanese, we will provide Philippine's high quality IT services to Japan's businesses."
Jan. 10, 2007
Netherlands-based Randstad, a major human resources company opens new business establishment in Tokyo
In November 2006, Netherlands-based Randstad Holding, a major human resources company, announced the establishment of a Japanese company in Tokyo.
Randstad Group has provided staffing services worldwide through 2,500 branches in 20 countries. Randstad positions Japan as one of the most important markets in the world, as it sees the growth of Japan's personnel-service market is expected to continue strong.
Starting with staffing of professionals in accounting and other financial sectors, Randstad Japan KK aims to expand their presence in Japan on the basis of their global long-term strategies.
