Masatoshi Kuratomi (UK Chief Representative, Development Bank of Japan) and J. Sean Curtin (Fellow, GLOCOM and Asia Times)
...Masatoshi Kuratomi, UK Chief Representative, Development Bank of JapanMasatoshi Kuratomi
: Amongst European
investors, Germany currently holds poll position with the Scandinavians also pushing towards the top of the table.German companies are leading investors in Japan for a host of technical reasons such as their strong position in technological innovations and advances as well as their expertise in the car manufacturing and the component sector.
: The main focus of recent Scandinavian FDI activity has been Finland, specifically the partnership between the Finnish health industry and Sendai city.
: The Sendai initiative started with the Finnish side looking for a candidate city in Japan where it could introduce its technology.
: At the moment, this market is in its infancy, so a clear picture has not yet emerged, but as far as I know at present Finland is setting the pace in this particular field.In Japan, there is a lot of discussion about how to deal with a rapidly graying society, and depending on how large a budget the Japanese government allocates towards tackling this challenge, there may be even greater opportunities for foreign companies than there already are now.I think there is great future scope for European FDI in this sector.The Finnish initiative is probably a trailblazer for future trends.DBJ
has extensive ties with local municipalities, so helping start these kinds of tie-ups by providing introductions is something the DBJ
excels at.Profile: Masatoshi KuratomiMasatoshi Kuratomi is currently the Development Bank of Japan's Chief Representative in London, representing DBJ in many fields including environmental issues such as carbon finance.Since joining DBJ in 1981, he has accumulated over 20 years' experience in credit analysis on companies and projects of various Japanese industries concerning energy efficiency, urban re-development, IT and environmental protection.Previously as Deputy Director General of the Energy Department, he supervises loans for waste management, recycling and related businesses, some through project finance.
A full list of articles in this series can be found here.