Building a new era of cooperation between. the European Union

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1 Building a new era of cooperation between the European Union AND Japan

2 Who we are Created in 1999, the Japan Business Council in Europe (JBCE) is a leading European organisation representing the interests of almost 80 multinational companies of Japanese parentage active in Europe. Our members operate across a wide range of sectors, including information and communication technology, electronics, chemicals, automotive, machinery, wholesale trade, precision instruments, pharmaceutical, railway, textiles and glass products. Together, our member companies represented in 2013 global sales of 1.4 trillion. Building a new era of cooperation between the European Union (EU) and Japan is the core of our activities, which we perform under several committees focusing on: Trade Policy, Environment, Corporate Social Responsibility (CSR), Standards and Conformity, Corporate Policy, and Information Society. The European Union and Japan EU 28 exports to Japan: EU-Japan trade relations, billion (3.2% of total EU exports) EU 28 IMports FROM Japan: 59.8 billion (3.5% of total EU imports) EU 28 exports to Japan per sector (in %), , Our mission We seek to: > Build a bridge between the EU and Japan, and enhance Europe s understanding of Japanese companies and their contribution to the European economy > Contribute to the EU public policy by sharing our members expertise with decision-makers across sectors > Promote a favourable and predictable environment in which European and Japanese companies of all sectors can compete for sustainable growth in Europe EU = Japan s 3 rd trade partner Japan-EU trade relations, ,000 More than 440,000 employees of Japanese overseas affiliates in the EU (2014) billion Japan is a major investor in the EU: in 2015 the EU inward FDI stock had reached a value of billion. Machinery & transport equipment Chemicals & related products Miscellaneous manufactured products Manufactured goods classified chiefly by material Food and live animals Others Beverages & tobacco Crude materials, inedible, except fuels EU 28 imports from Japan per sector (in %), Our priorities JAPAN = EU s 7 TH trade partner 1. we promote open trade and investment...p.4 2. we encourage a common regulatory framework...p.5 3. we foster responsible business conduct...p.6 POPULATION, 2015 (millions) WORLD 7,347 EU 510 JAPAN 127 6,9% 1,7% Share of World GDP, 2014 EU + Japan: 29.9% 23.9% 6% Sources: Bank of Japan, European Commission, Eurostat, IMF, Ministry of Foreign Affairs of Japan, Nationsonline.org, World Bank 2 3 Japan business council in europe

3 WE PROMOTE OPEN TRADE AND INVESTMENT We promote open markets for trade and investment. We place the free flow of goods and services, and the creation of a favourable environment for investment between the EU and Japan at the top of our agenda. We support the deepening of EU-Japan trade relations through an ambitious Free Trade Agreement / Economic Partnership Agreement (FTA / EPA) and fair market access that will contribute substantially to industrial growth and job creation. Beyond bilateral agreements, we foster cooperation between the EU and Japan to realise global multilateral agreements in order to bring economic advantages to all parties. Securing the optimisation of returns on investment to the benefit of both economies is another key area of our commitment. We support the timely development of business and strive to remove the administrative hurdles that our member companies face when integrating their European activities. WE ENCOURAGE A COMMON REGULATORY FRAMEWORK Businesses, wherever they are based, need a clear legal and regulatory framework to effectively operate and grow. Instead of a fragmented situation, they need international standards to be able to compete on a level playing field and to contribute to economic growth. Mutual engagement from the EU and Japan for better regulatory cooperation is crucial to foster sustainable competitiveness and innovation in both economies. Our member companies have a long history of pursuing sustainability and are strongly committed to environmental legislation. This is why we stand for increased international cooperation and harmonisation of environmental regulations and standards in key policy areas such as resource efficiency and chemical substance management. To prevent the emergence of unnecessary obstacles and to foster business and innovation between the EU and Japan, we encourage the future-oriented development of common regulatory frameworks in a number of policy areas such as circular economy and digital agenda. EXPECTED OUTCOME OF EU-JAPAN FTA / EPA 0.6% 0.8% Boost Europe s economy by 0.6 to 0.8 % of its GDP Source: European Commission 400,000 JOBS Growth and creation of more than 400,000 jobs in Europe 32.7% EU exports to Japan to increase by 32.7% Japanese exports to the EU to increase by 23.5% 23.5% > Harmonize existing regulations > Develop new regulations in common frameworks Regulatory Framework In the EU Regulatory Framework In Japan > A comprehensive FTA/EPA between the EU and Japan has vast potential to promote innovation and competition, generate economic growth, and benefit consumers. > JBCE supports the deepening of EU-Japan trade relations through an ambitious FTA/EPA and fair market access that will contribute substantially to industrial growth and job creation. > JBCE strongly request the authorities of the EU and Japan to make utmost efforts and reach its successful conclusion at the earliest possible time in the year > The upcoming FTA/EPA should be a living agreement and should provide a solid framework for regulatory cooperation to address the concerns of the business community. > Increase mutual understanding of existing and upcoming regulations on each side and their impact on domestic and foreign business to prevent regulatory divergence and new trade barriers. > Develop a joint strategy to promote better regulatory cooperation. > Have close dialogue with businesses throughout the process of regulation development. 4 5 Japan business council in europe

4 WE FOSTER RESPONSIBLE business conduct The strength of the European economy is built on a set of values that will lead to a sustainable economic system. Aspired to these values, our member companies embrace corporate social responsibility as a pivotal contributor to the EU s objectives of sustainable development and highly competitive social market economy. We believe that fostering responsible business should be at the heart of the EU-Japan economic and political partnership. Business responsibility and integrity should go beyond administrative functions, enhanced disclosure and improved reporting. It should be firmly embedded in companies mission, organisation and governance. JBCE approaches to responsible business conduct Dialogue with policy makers and other stakeholders Best practice sharing Bridging European and Japanese CSR arena CSR APPROACH Position of responsible business conduct in JBCE priorities Promoting an open trade and investment agenda Reporting and disclosure Business and human rights Focus areas Encouraging a common regulatory framework Fostering responsible business conduct Supply chain management Diversity > Introduce a flexible and principle-based policy framework for CSR that will strengthen long term competitiveness and meet the expectations of stakeholders in various communities. > Create incentives for leading companies that proactively assume their corporate and societal responsibilities. Our structure Planning Trade Policy Sandra Alverà, Panasonic CSR Yukako Kinoshita, Hitachi Standards & Conformity Kayo Shibata, Canon Corporate Policy Koshi Noguchi, Toshiba Shigeto Minami, Sumitomo Chemical (as of 1 st November 2016) President Yasunori Yamamoto, President of Shimadzu Europa GmbH Vice-Chairs Lars Brückner, NEC Arnaud Brunet, Sony Board of Directors Akihiro Ichimura, Mitsui Chemical Yuji Kawase, Mitsui & Co. Hiroshi Kojima, Canon Koshi Noguchi, Toshiba Marcus Rieker, Horiba Satoru Shimizu, Panasonic Norihiro Suzaki, Hitachi Koji Takagi, Bridgestone Tetsuro Uruno, Fujitsu Committees Environment Lars Brückner, NEC Mihai Scumpieru, Mitsubishi Electric Regina Döller, Mitsui Chemicals Information Society Marco Canton, Fujitsu Secretary General Kitayoshi Tsumita Working Groups (WG) and Issue Groups (IG) RoHS Recast IG Danny Van Roijen, Pioneer Category 8&9 IG WEEE Recast IG Mihai Scumpieru, Mitsubishi Electric REACH WG Lars Brückner, NEC > Nanomaterial IG Hideo Kawasaki, Adeka Air-conditioner WG Rodney Ayre, Mitsubishi Electric Tetsuji Fujino, Mitsubishi Heavy Industries Resource Efficiency IG Regina Döller, Mitsui Chemicals João T. Marinho, Hitachi William Mccafferty, Nikon BPR IG Takahiro Oki, Daikin Eco-design and Energy-label IG Takahiro Oki, Daikin 6 Japan business council in europe 7

5 OUR MEMBERS (as of 1 st November 2016) A&T Corporation ADEKA CORPORATION AGC Europe, Ltd. AISIN EUROPE S.A. Alpine Electronics (Europe) GmbH Azbil Corporation Bridgestone Europe NV/SA BROTHER INTERNATIONAL EUROPE LTD. Canon Europa N.V. Casio Europe GmbH CHINO CORPORATION Daikin Europe N.V. DENSO EUROPE B.V. DIC Europe GmbH East Japan Railway Company Epson Europe B.V. Fuji Electric Europe GmbH FUJIFILM Europe GmbH Fujitsu General (Euro) GmbH Fujitsu Limited Hamamatsu Photonics K.K. Hebron, S.A. Hitachi, Ltd. Honda Motor Europe Ltd, Belgian Branch Horiba, Ltd. JEOL Ltd. J-Plus Co., Ltd. JT International Holding B.V. JVC KENWOOD Corporation KAWASAKI MOTORS EUROPE N.V. Kaneka Europe Holding Company NV KOBELCO ECO-SOLUTIONS CO., LTD Komatsu Europe International N.V. Konica Minolta Business Solutions Europe GmbH Kuraray Co., Ltd. KYOCERA Document Solutions Europe B.V. Kyowa Hakko Europe GmbH Mitsubishi Chemical Holdings Europe GmbH Mitsubishi Corporation International (Europe) Plc Mitsubishi Electric Europe B.V. Mitsubishi Heavy Industries Air-Conditioning Europe, Ltd. MITSUBISHI MOTOR R&D Europe GmbH Mitsui & Co. Benelux S.A./N.V. Mitsui Chemicals, Inc. Mitutoyo Europe GmbH NAGASE (Europa), GmbH NEC Europe Ltd. NGK Berylco France Nichia Corporation NIKON CORPORATION Nippon Steel & Sumitomo Metal Corp. European office Nissan Motor Manufacturing (UK) Ltd., Belgian Branch NITTO DENKO CORPORATION OLYMPUS CORPORATION Omron Europe B.V. ORIENTAL MOTOR CO., LTD. Panasonic Europe Ltd. Pioneer Europe N.V. Ricoh Europe PLC SCAS Europe S.A./N.V. Sharp Electronics (Europe) GmbH Shimadzu Europa GmbH Shimano Europe Holding B.V. Showa Denko Europe GmbH Sony Belgium, bijkantoor van Sony Europe Limited Sumitomo Chemical Europe S.A./N.V. Sumitomo Benelux S.A./N.V. Suzuki Europe S.A. TDK Europe GmbH Tokyo Electron Limited Toray Industries Europe GmbH Toshiba of Europe Limited Tosoh Europe B.V. Toyota Motor Europe NV/SA Yamaha Music Europe GmbH YASKAWA Europe GmbH Yokogawa Europe B.V. Rue de la Loi 82, 1040 Brussels - Belgium info@jbce.org Tel: Fax:

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