New Export Nation Japan by FCI Export Factoring

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1 In Partnership with: FCI PROMOTION CONFERENCE: by FCI Export Factoring organized by FCI jointly with MUFG, Mizuho Factor Ltd., SMBC and JETRO Tokyo, Japan / 17 October 2017 With Japanese translation FREE ADMISSION Venue: SMBC Conference Corridor 4th floor in SMBC East Tower 1-3-2, Marunouchi, Chiyoda-ku, Tokyo Japan With the kind sponsoring of

2 More and more Japanese MSMEs are now exporting overseas. They are competing with exporters in Asia. Japan was the number one export factoring country in Asia prior to Japan no 1 position was over taken by Taiwan and subsequently by China. To remain competitive, Japanese MSME must continue to use export factoring. Export factoring is a very powerful tool which will help the Japanese MSME exporter to compete not only with Asian exporters but exporters worldwide as well. Besides, according to a recent study by the World Trade Organization (WTO), export factoring enables MSMEs to have access to international trade. So, this conference will assist all companies interested in learning more about how to increase export sales by offering open account terms to the buyers, and will in turn explain how international factoring is a strategic financing tool that can be used to support the growth of Japanese MSME exports. FCI was set up in 1968 as an umbrella organisation for independent factoring companies around the world. Today it has grown into the world s representative factoring network and association with more than 400 members in 90 countries. When FCI started, domestic factoring was only available in North America and in a few European countries. The concept of cross-border factoring was still new and restricted by its lack of geographic reach. Recognising the potential for international factoring, the founding FCI members realised that an umbrella organisation was needed, firstly to introduce factoring in countries where it was not yet available, and secondly to develop a framework for international factoring, which would allow factoring companies in the country of the exporter and the importer to work closely together. In 2016 the activities of IFG (International Factors Group) were integrated into FCI. Today, FCI is truly the global representative body for the Factoring & Receivables Finance Industry. FCI s Vision is to be the Global Association for the Open Account Receivables Finance Industry. FCI Mission Statement: Receivables Finance is the core focus of the association and includes Factoring, Invoice Discounting and other Supply Chain Finance solutions. FCI has two main activities and value propositions: 1. FCI facilitates and promotes International Factoring through a Correspondent Factoring platform. 2. FCI is the Global Industry Association for Open Account Receivables Finance FCI actively supports the growth of the Industry and works jointly with policy makers and stakeholders worldwide FCI promotes best industry practices through education FCI publishes Information & Statistics about the Industry FCI endorses financial stability, the prevention of financial crime and respect for regulatory compliance and conduct 2

3 Networking Testimony International Manager Club Presentations Q&A The conference offers a mixture of presentations on Factoring, Export Factoring, FCI, Export Examples and Activation of Export Factoring in Japan.There will be also time for Q&A and informal exchanges. THE AUDIENCE The Conference is aimed at an audience of professionals from the Japan and beyond, and particularly towards: Exporter and other companies which want to expand their overseas sales Factoring companies Specialized banks and financial institutions Consulting firms Official organizations Companies offering their services to the world of factoring (lawyers, insurers, IT providers) OBJECTIVES The aim of the meeting is to enable MSME exporters in Japan to use export factoring to compete with the other Asian exporters and allow professionals from Japanese banks, government officials, regulators and entrepreneurs aware of or interested in starting a Factoring activity, to learn about international Factoring, its benefits and growth opportunities. The idea is to bring support and additional focus on cross border open account and supply chain finance services to the marketing. Networking dinner 3

4 Agenda CONFERENCE PROGRAM TUESDAY 17 OCTOBER : : Doors Open and Registration : Opening Remarks as Representative of three Japanese Members By Mr. Hideki Tajiri, Managing Director of Mizuho Factors Limited : Function of FCI and Export Factoring Scheme/Merit* : COFFEE BREAK By FCI : Mr. Peter Mulroy, Secretary General Mr.Kheng Leong Lee, Asia Chapter Director *In English, with simultaneous interpreting to Japanese : Latest Cases of Overseas Expansion by Japanese Small and Medium-sized Companies By Mr.Tomonori Shibahara, Deputy Director of JETRO : The Change in the Settlement Method for Trade Transaction and Risks Hedging Tools Responding to such Changes By Masayuki Miyashita, Head of Structured Trade Group, Global Trade Finance Department of Sumitomo Mitsui Banking Corporation : Activation Method & Merit of Factoring for Export from Japan : Q & A By Toshiyuki Hirata, FCI Ambassador, General Manager, International Factoring Division of Mizuho Factors, Ltd : Consultation meeting, Business card exchange END OF THE CONFERENCE 4

5 LOCATION The conference will take place at SMBC Conference Corridor 4th floor in SMBC East Tower 1-3-2, Marunouchi, Chiyoda-ku, Tokyo Japan FREE REGISTRATION Accommodation, travel and personal expenses are at the expenses of the attendees. Registration at the reception desk of the partners (Mitubishi UFJ Factor, Mizuho Factors and SMBC) as well as by JETRO (Japan External Trade Organization) REGISTRATION DEADLINE Please register by 7 October 2017 at the latest. INFORMATION For all information, please contact the the members by your usual contact or FCI Secretariat: T: +32 (0) F: +32 (0) E: events@fci.nl 5