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Kaspersky Lab, Japan Appoints New General Manager

Kaspersky Lab, Japan Appoints New General Manager

Global cybersecurity company, Kaspersky Lab has appointed Tsuyoshi Fujioka as the new General Manager of Kaspersky Lab Japan and this will be effective from January 1, 2019.

With over three decades of experience in the IT industry, Fujioka will spearhead the continued strategic growth of Kaspersky Lab in Japan. He will be responsible for growing the company’s market share in both the B2B and B2C segments.

Fujioka is expected to extend the market footprint of Kaspersky Lab’s newest technologies, including the company’s solution for critical infrastructure. He will also take charge of strengthening relationships with key channel partners in the country.

Commenting on his appointment, Tsuyoshi Fujioka said: “I am excited to take Kaspersky Lab Japan to the next level in terms of market growth, dynamic presence, and channel partnerships. Having worked in the IT sector of Japan for more than 30 years, I can attest that securing businesses, individuals, and the critical industry in the country is highly necessary. With Kaspersky Lab’s comprehensive security portfolio tailored to the cybersecurity needs of our customers, corporate partners, and even the critical verticals we have in Japan, I am sure that we can drive towards a brighter future here in the Land of the Rising Sun.”

Prior to his appointment at Kaspersky Lab, Fujioka held long-term senior leadership roles in IT companies including SonicWall Japan Ltd., and Check Point Software Technologies Japan, where he was able to deliver increased year-on-year business growth and seal valuable business alliances.

Cementing its growing presence in the region, Kaspersky Lab Asia Pacific (APAC) today also marks a wider reach with the inclusion of Japan in its territories. Japan joins the APAC segment headed by Stephan Neumeier, Managing Director of Kaspersky Lab Asia Pacific.

“Kaspersky Lab is going through an exciting phase in the Asia Pacific. We are growing exponentially, both in commercial and enterprise industries and I am delighted to welcome Japan and its new General Manager Tsuyoshi Fujioka to our dynamic Asia Pacific team. With him at the helm of this technologically-developed territory, I am confident that his experience and understanding of cybersecurity will give rise to breakthrough strategies and initiatives for this market,” said Neumeier.

“I have been working with this region since July and I have seen many bright spots for growth in the country. With it being at the forefront of the Industrial Revolution 4.0 due to its abundant intellectual and industrial assets, Japan is equipped to launch technological changes and we, as a cybersecurity company, want to ensure that security will not be left behind,” Neumeier added.

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Vietnam Experiences Influx Of Japanese Investments

Vietnam Experiences Influx Of Japanese Investments

Experts have projected that the strengthened bilateral ties between Japan and Vietnam as well as Vietnam’s high economic growth and enhanced business environment will attract an influx of Japanese investments.

During Vietnamese Prime Minister Nguyen Xuan Phuc’s recent visit to Japan, wherein he met with Japanese companies such as All Nippon Airways Co., Ltd, AEON Co Ltd., Mitsubishi UFJ Financial Group, Mitsui and Mitsubishi, sentiments were strong on the part of the Japanese investors regarding their interest in investing in Vietnam. With Japanese companies stating that they have plans to invest billions of US dollars in Vietnam, across a diversity of sectors.

Seiji Imai, Head of Mizuho Bank for Asia and Oceania has also commented that Vietnam is the first destination for overseas investments in Japan and the country could be experiencing a new wave of investments from small and medium Japanese enterprises with advanced technologies that are looking to enter the domestic market. Furthermore, he believes that the country will experience two waves of investments from Japanese firms with the first wave being attributed to large manufacturing companies and the second to follow shortly thereafter.

Umeda Kunio, the Japanese Ambassador to Vietnam has told the local media that many Japanese companies are very interested in conducting business in Vietnam in areas such as urban development. This can be witnessed with projects in the northern part of Hanoi as in the case of the the Binh Duong project, subway route No.1 in Ho Chi Minh City, and subway routes 1 and 2 in Hanoi.

Currently, Vietnam ranks as the third country in a recent survey on the overseas deployment of Japanese manufacturing companies by the Japan Bank for International Co-operation, and second in the same survey if only small and medium companies are taken into consideration as observed by Mr Kunio.

In a survey conducted last year by the Japan External Trade Organization (JETRO), up to 70 percent of Japanese companies that are currently operating in Vietnam have expressed an interest to expand operations within the country, which is a relatively high percentage compared to other countries in ASEAN. Additionally in a Japanese survey questioning participants about countries and territories for potential expansion agendas, the number of companies choosing Vietnam has been observed to increase over three consecutive years.

According to Mr Kunio, the attractiveness of Vietnam as an investment destination can be attributed to its market potential, relatively low cost yet diligent workforce and political stability. Based on numerous economic forecasts, Vietnam’s economic growth is projected to remain high in 2018, and Japanese investment into Vietnam this year is also expected to be corresponding high. A trend that is also backed by reports from the Foreign Investment Agency.

As of 20 September this year, Japan had 3,900 valid investment projects that are worth a total registered capital of US$55.78 billion in Vietnam. Similarly, up till September of this year, Japan has been recorded as Vietnam’s largest foreign investor, with total investment capital of US$7 billion.

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Vietjet To Finance Fleet Expansion With Foreign Investment

Vietjet To Finance Fleet Expansion With Foreign Investment

Vietnamese budget carrier, Vietjet, has signed two agreements worth a total of US$1.2 billion with Mitsubishi UFJ Lease & Finance Company Limited (MUL) and BNP Paribas in order to fund its fleet expansion plans which includes the acquisition of up to five brand new aircrafts, costing a total of US$614 million.

The signing ceremony was witnessed by the Vietnam Prime Minister Nguyen Xuan Phuc and also included the signing of a memorandum of understanding worth US$625 million between Vietjet and Natixis, a French banking group, as well as several Japanese equity underwriters.

These deals have been made under a financial plan whereby Vietjet would claim future ownership of the aircrafts and the acquisition of the new aircrafts, which includes the A321neo aircraft, are also acknowledged as part of a contract signed earlier between Vietjet and Airbus.

Currently, Vietjet operates 60, A320, A321 aircrafts and operates more than 385 flights daily, carrying more than 65 million passengers across 101 routes to destinations such as Vietnam, Japan, Hong Kong, Singapore, South Korea, Taiwan, China, Thailand, Myanmar, Malaysia and Cambodia.

Moving forward, Vietjet has announced plans to develop three new routes linking Vietnam with Japan in the coming three months which would facilitate the growth of tourism and trade between the two countries and across the region. The new routes include Osaka-Hanoi, Osaka-Ho Chi Minh City and Tokyo-Hanoi.

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4 Other Automakers Join Toyota’s Electric Vehicle Project

4 Other Automakers Join Toyota’s Electric Vehicle Project

Japan: Engineers from Suzuki, Subaru, Hino and Daihatsu have joined Toyota to develop basic technology for electric vehicles, in a project called EV CA Spirit.
The project is a joint venture launched by Toyota, Mazda Motor and Denso in September 2017. The companies have pledged to share their electric vehicle technology to facilitate the quicker development and application in various vehicle types.

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JFE Steel Partners With China’s Largest Steelmaker To Produce Metal Powder

Japan: Tokyo-headquartered JFE Steel has announced a partnership with China’s Baosteel Metal to produce metal powder in China. This is reportedly the first Japanese steelmaker to bring expertise on the production of high-value-added iron powder to China.

The JFE Steel announcement follows the formation of a 50-50 venture with Baosteel Metal, Shanghai, China, a subsidiary of Chinese industry leader Baowu Steel Group metal powder. The joint venture will manufacture premixed iron powders uniformly coated with copper and nickel alloys beginning in 2018.

A metal powder investment of around US$15.7 million will be used to construct a factory in Shanghai, JFE Steel equipped with the technology to mix alloyed metals with iron metal powder procured externally.

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