On June 20, 2022, the Japan Bank for International Cooperation (JBIC) jointly hosted an online seminar titled “For Overseas Business Expansion,” with The Toho Bank, Ltd.
Also co-hosted with the Tohoku Bureau of Economy, Trade and Industry of the Ministry of Economy, Trade and Industry (METI Tohoku), the JETRO Fukushima of Japan External Trade Organization (JETRO), Alibaba.com Japan Co., Ltd., and Gowell Co., Ltd., the seminar was attended by a total of 36 companies, most of which are clients of The Toho Bank Ltd.
The opening speech was made by Mr. WATANABE Takashi, General Manager, Corporate Consulting Department, The Toho Bank, followed by four presentations: (1) “Measures of the Ministry of Economy, Trade and Industry for supporting overseas business expansion” by Mr. NARITA Makoto, Director, International Affairs Division, Tohoku Bureau of Economy, Trade and Industry (METI Tohoku); (2) “Support of JETRO for overseas business expansion” by Mr. YOSHIDA Yugo, Chief Director, JETRO Fukushima; (3) “Alibaba.com – online trade exhibition services for exploring overseas sales channels” by Mr. SAITO Shin, Manager, Global B2B Division Sales, Alibaba Japan; and (4) “Utilizing foreign talents in overseas business expansion” by Mr. MATSUDA Hidekazu, CEO, Gowell Co., Ltd.
Also, Advisor HONJO Masayuki of JBIC's Finance Office for SMEs explained the outline of JBIC's initiatives and financing system for supporting mid-tier enterprises and small and medium-sized enterprises. This presentation was well-received on the whole. One of the attendees, who is considering venturing into overseas markets, remarked that “I have gained a deeper understanding of the support system JBIC has to offer to mid-tier enterprises and small and medium-sized enterprises, and I would like to talk to JBIC about our projects going forward.”
The last presentation was delivered by Mr. YAMADA Hiroshi, Manager, International Business Promotion Section, Corporate Consulting Department, The Toho Bank, about the services of The Toho Bank for overseas business expansion.
This seminar was an extensive opportunity for clients of The Toho Bank to be introduced to multiple services and helpful information for expanding their business overseas offered by the service providers, such as the financing system of JBIC, e-commerce and online trade exhibition services, and utilization of foreign talents.
In cooperation with regional financial institutions, JBIC will continue to proactively provide valuable information that will help and support Japanese companies in their quest for overseas business expansion.