EBC Newsletter – May 10, 2023

EBC Newsletter – May 10, 2023


From the EBC

Dear Friends of the EBC,

We hope you enjoyed your Golden Week!

On 20 April 2023, the EBC President Michael Mroczek handed over the 2022 EBC White Paper to H.E. Paweł Milewski, Ambassador Extraordinary and Plenipotentiary of the Republic of Poland to Japan.

On 2 June, from 10:00 to 11:30am, the EBC Automotive Components Committee will arrange an event on BYD’s challenge to the Japanese Market – Atsuki Tofukuji on their Strategy.

In January, Chinese automaker BYD began selling their electric line-up in Japan. Amidst strong competition in the fourth largest auto market, China’s top EV seller harbors global ambitions. What is their strategy in Japan’s nascent EV arena and how do they plan to differentiate themselves? The president of their Japanese sales subsidiary, Atsuki Tofukuji, will share his thoughts from their location in Yokohama.

Registration link EBC x BYD (online and in-person)

Do note that the in-person part is already fully booked, but you are more than welcome to join us online.

The EBC team is looking forward to hearing from you soon.

Valerie Moschetti
EBC Chief Operating Officer

What’s in the Media

  • The government on Monday completely lifted its overseas travel alert for Japanese nationals over the coronavirus pandemic, following the end of the World Health Organization’s COVID-19 emergency. (Kyodo News+)
  • Japan’s downgrade on Monday of the legal status of COVID-19 will likely deliver the Japanese economy a 4.2 trillion yen boost, driven in part by an increase in the number of inbound tourists, according to an estimate by a private sector economist. (Japan Today)
  • Japan’s greenhouse gas emissions in fiscal 2021 rose for the first time in eight years, reflecting an increase in energy consumption due to a pickup in economic activities in the post-COVID era, government data showed. (Japan Today)
  • A total of 62.1 percent of companies in Japan have raised or plan to raise base pay in fiscal 2023, up sharply from 38.7 percent the previous year as they seek to secure talent and match rising prices, a Finance Ministry survey showed. (The Mainichi)

Upcoming EBC Committee Meetings

Date Committee Time / Location
May 10 (Wed) Logistics and Freight hybrid
May 10 (Wed) Energy hybrid
May 16 (Tue) Sustainability & Social Responsibility hybrid
May 17 (Wed) Legal Services TBC
May 19 (Fri) Railways hybrid
May 25 (Thu) Human Resources hybrid
May 25 (Thu) Medical Equipment & Diagnostics Off-site

If you are interested in joining a committee meeting, please contact the EBC to confirm the time and meeting place.

Stakeholders of the EBC:

European Business Council JAPAN
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