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GREATER NAGOYA INITIATIVE            
 Monthly Newsletter Issue No.23 (Apr, 2008)
 Greater Nagoya Means Greater Business Opportunities
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1. News: Greater Nagoya Initiative Website Renewal!!
2. News: Achievements and Results of Greater Nagoya Initiative for FY2007 
3. News: World Largest Heat Treating Company “Bodycote Japan K.K.” Makes First Foray into Greater Nagoya
4. Economy: Redevelopment of Greater Nagoya’s City Center, “Sasashima” 
5. Culture: Cherry Blossoms in Nagoya Castle
 
*Please contact Greater Nagoya Initiative Center (Ms. Miura and Ms. Sumi) for further details on the above events.
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1. News: Greater Nagoya Website Renewal!!
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Greater  Nagoya Initiative has recently renewed its website, which provides  regional information on industry, economy, infrastructure and lifestyle  for the Greater Nagoya area. Greater Nagoya is known as one of the top  industrial regions in the country where major industries related to  automotive, aerospace, and robotic industries are concentrated. One  useful tool in the website is the Greater Nagoya Initiative Partners  Club search engine, which includes information on more than 400 member  companies who are seeking foreign firms with whom to do business. The  tools on the website are often used by foreign companies looking for  potential business partners in the Greater Nagoya area. The website also  contains essential information on medical institutions and  international schools with information provided in English. An overview  of Greater Nagoya’s attractiveness to inform visitors on aspects of  Greater Nagoya’s industrial tourism, culture and entertainment and  includes vivid images is also available on the website. Please come and  visit GNI website to explore more updated information at  greaternagoya.org.
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2. News: Achievements and Results of Greater Nagoya Initiative for FY2007 
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On March 14th,  Greater Nagoya Initiative Center (GNIC) board members (who decides and  discuss activities of Greater Nagoya Initiative) held an annual meeting  to discuss and share their thoughts about several matters in order to  attract more foreign companies expanding and entering their business in  Greater Nagoya. Board members are the leaders of administration,  industry, and academia in Greater Nagoya. For the fiscal year 2007, 18  foreign-affiliated corporations successfully established their offices  with Greater Nagoya Initiative’s support. GNI invited 57 overseas  companies and held six seminars in Japan with participants of about 600  people in total. Those invitees are specialized in different fields and  from different countries.177 business-partner-matching meetings were  organized for the invitees and the local companies, and many of those  who had the meetings have been keeping and building relationships  continuously. During the fiscal year, GNI visited overseas countries  four times for promotions of Greater Nagoya area. GNI Partners Club  members became more than 400 corporations and organizations. GNI  Partners Club members are those who are seeking to find foreign firms to  do business with overseas companies. GNI plans to focus more on  promotion activities to widespread attractiveness of Greater Nagoya area  that is not yet known in the world. GNI will continue to support not  only those planning to establish offices, but also those already  established offices in Greater Nagoya. We will try to support until they  succeed in their business in Greater Nagoya after their establishment.
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3. News: World Largest Heat Treating Company “Bodycote Japan K.K.” Makes First Foray into Greater Nagoya
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UK-based  Bodycote International plc has chosen to headquarter its Japan  operations in Greater Nagoya due to numerous commitments to the  automotive and aerospace industries in Japan. Based on 25 years  experience doing business with Japanese companies, Bodycote  International decided that Japan, and especially the Greater Nagoya  area, is a very large market for heat treatment services. As the world’s  largest selling provider of thermal processing services, Bodycote moved  into the 
Invest Japan Support Center (IBSC) operated by 
Japan External Trade Organization (JETRO) on January 31st, incorporated as Bodycote Japan K.K. on March  4th, and moved into its new sales office at the Nagoya Lucent Tower, on  April 1st. IBSC is an organization which provides one-stop support and  service to foreign firms seeking to set up business in Japan run by the  government-related organization called 
Japan External Trade Organization. The Nagoya Lucent Tower is 40 floors  tall and is directly connected via Nagoya station with companies in  manufacturing, finance, IT, and human resource industries including  TOYOTA Financial Service Corporation’s headquarters.
Mr.  John Hubbard – the CEO of Bodycote International plc – visited Japan  for the Grand Opening and announced at a press conference on April 2nd  that Bodycote plans to further increase investment in the Greater Nagoya  region. Bodycote International plc was established in 1923, and the  main services of the Bodycote Japan K.K. are to provide heat treatment,  hot isostatic pressing, materials testing, and metallurgical coatings in  Asia. There are many competitors in the region and the company thinks  that launching in Greater Nagoya area is beneficial because the location  is physically close to customers such as 
Toyota Motor Corporation, 
Aishin Seiki Co., Ltd, and 
Denso Corporation. Moreover, the company can adsorb experiences and information from other heat treatment competitors.
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4. Economy: Redevelopment of Greater Nagoya’s City Center, “Sasashima” 
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Greater  Nagoya is expecting more concentration of new business into the area  because of the new development plan to be put forward. The plan is to  redevelop a massive area of 22.1 hectare around Nagoya station called  “Sasashima” for the center of business and education. Around Nagoya  station, many new buildings complexes have been built over the last  years, but Sasashima area. We have seen the completion of new towers  revitalized the area which is a center of Greater Nagoya area. One of  the reasons is because Nagoya station is a central station in Greater  Nagoya area which brings people from abroad as well as from all over  Japan. It connects directly to Greater Nagoya’s international airport 
(Centrair).The  station also connects directly to Tokyo (95 minutes), Osaka (52  minutes) and other major cities in Japan by bullet trains. Toyota Motor  Corporation’s headquarters for international affairs has moved into one  of the new office tower called “Midland Square” with 47 floors (about  810 feet and is the tallest building in the Greater Nagoya). Another  tower called Lucent Tower with 40 floors (about 590 feet) was also  opened recently. The tenants are the companies in manufacturing,  finance, IT, and human resource industries including TOYOTA Financial  Service Corporation’s headquarter which is Toyota Motor Corporation’s  financing company. Headquarters and operation centers are starting to  concentrate more in Greater Nagoya, and it is expected that Greater  Nagoya area will become even more vigorous after the redevelopment of  Sasashima area.
Within the Sasashima area, a resort management company in the U.S. called 
Benchmark Hospitality International is going to build two towers with 33 floors. Towers will consist of  offices, conference centers, and a hotel. All the rooms for the hotel  will be designed as suite rooms. The company’s business in Greater  Nagoya (Sasahima) will be its first operation of its hotel business in  Japan. The hotel will be opened in April 2013. Because the area is close  to Greater Nagoya’s international exhibition site called 
Nagoya Port Messe (Nagoya International Exhibition Hall),  it is expected that the hotel will also attract people visiting  exhibitions. This exhibition site will also be renovated soon and will  become a site with about 20,000 squared meters, which will be the  largest exhibition center in Greater Nagoya. Greater Nagoya’s university  called 
Aichi University will also open its new campus in the area. The university has  partnerships with 26 universities around the world and has many overseas  students studying on campus. Faculties and research courses related to  business administrations will be placed in the area, and about 7,500  students will study there. Aichi University is also planning to build an  international convention hall with a capacity of 700 people. The  development of the area is expected to revitalize the area around Nagoya  station more, hence accelerates more and more concentration of  headquarters, operation centers, and international business into Greater  Nagoya area.
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5. Culture: Cherry Blossoms in Nagoya Castle
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When  people stop using their heaters, Hanami season is getting close in  Japan. ”Hanami” commonly refers to cherry blossom viewing, an annual  event which has been celebrated for centuries and takes a very prominent  position in Japanese culture. When the blossoms appear on the cherry  trees at the end of March, people start coming outside to enjoy the warm  weather and varieties of pink cherry blossoms on trees that announce  the arrival of spring. People enjoy the intensity of so many blossoms  with their delicate scent of spring. Relieved from Japan’s long severe  winter, people appreciate the Hanami season. Hanami traditionally  involves a picnic party under the blooming trees and is often held in  parks and historical places across the country. When the cherry blossoms  are in full bloom, parks in Japan are filled with people and they relax  under the cherry trees with food and drink, both day and night. Famous  cherry blossom spots can get very crowded, and the Greater Nagoya area  is not an exception. Cherry blossoms can be stunning, especially in  combination with a Medieval castle.
One  of the most beautiful viewing spots in Greater Nagoya region is the  Nagoya Castle with its surrounding cherry trees. Nagoya castle was built  by Tokugawa Ieyasu who was born in the small castle in Mikawa Province  (located in Greater Nagoya) and in his early career, he controlled the  province. He became the first General of the Tokugawa shogunate of Japan  which lasted for 265 years, from 1603 until the Meiji Restoration in  1868. In 1610, Tokugawa Ieyasu ordered the various feudal lords to help  with the building of a new castle. Nagoya Castle’s construction was  completed in 1612, and it was recognized as one of the most important  castles in Japan because the castle was at the center of a post station  where many trade men and travelers rested. The castle was destroyed by  fire in World War II and most of the castle’s artifacts were destroyed.  The castle was rebuilt in 1959 and many of the original painted parts of  the palace which were rescued from the fire were restored to their  original locations. Symbols of the Nagoya castle are placed on top of  the castle, which are two golden imaginary tiger-headed fish, and this  logo is used as a talisman for fire prevention and is said to be a  symbol of the feudal lord’s authority. The historic castle, forming a  backdrop for the cherry blossoms, is often found on the front page of  Japanese guidebooks, but even these dynamic photographs do not do  justice to the real scene.
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Thank  you so much for reading our e-newsletter, and sharing in our  excitements for expansion of Greater Nagoya. All comments are welcomed!  To subscribe, or unsubscribe, please email us at gninewsletter@greaternagoya.org
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〔Issued by〕         Greater Nagoya Initiative Center(GNIC)
〔EMAIL〕             gninewsletter@greaternagoya.org
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