The Corporate Roadmap to Success in Japan

  The Corporate Roadmap to Success in Japan

    High Street Partners and the Japan External Trade Organization (JETRO)
                 Collaborate to Simplify Expansion into Japan

Business Wire

ANNAPOLIS, Md. -- September 12, 2013

High Street Partners (www.hsp.com) and JETRO, the Japan External Trade
Organization (www.jetro.org), have joined forces to offer insight and expert
advice about the business opportunities that once again exist in Japan, at a
panel discussion at Silicon Valley Bank in Santa Clara, CA today. The event,
“The Corporate Roadmap to Success in Japan”, features experts from both
organizations who will highlight the reasons behind Japan’s resurgence,
provide insight into specific high-growth sectors, and offer guidance for
surmounting challenges like cultural differences, recruiting, and regulatory
compliance.

The Japanese economy has enjoyed three-straight quarters of growth thanks to
the efforts of Prime Minister Shinzo Abe and his aggressive program of
monetary and fiscal stimulus. His efforts have turned around 15 years of
deflation and contributed to the 50 percent surge in Japan’s stock market over
the past year. Japan’s turnaround spells new opportunity across a range of
sectors in a country that already has the strong fundamentals of a world-class
economy. At nearly $6 trillion, Japan has the world’s third largest GDP. Its
population is 128 million, and its per capita GDP (PPP) is about 4 times that
of China and 9 times that of India.

“Japan is back as one of the best growth opportunities in Asia, and their
economy was given another shot in the arm by the recent announcement they will
be the host country for the 2020 Olympic Games,” says John Clancy, Executive
Vice President of High Street Partners. “But for all its upside, Japan is also
known for its complex tax system and some indirect barriers to trade, which
can make setting up international operations in this nation challenging.Our
clients value the support, advice, and connections that JETRO provides, and
together we aim to help hundreds of businesses enter and successfully operate
in Japan.”

“As a foreign direct investment agency, JETRO is responsible for creating
business relationships with executives wishing to expand and operate in our
country,” says Mr. Yusuke Hamano, JETRO San Francisco’s Director of Business
Development. “We are excited about our collaboration with High Street
Partners, since it, too, aims to help companies achieve success in Japan. And
we’re delighted to learn HSP is expanding its own presence on the ground here,
through Tricor HSP Japan JV K.K, in Tokyo.”

Speakers at today’s Santa Clara event include experts from HSP and JETRO, as
well as representatives from Japan Intercultural Consulting, Robert Walters,
Topcon, Wilson Sonsini Goodrich & Rosati, Silicon Valley Bank, and
PricewaterhouseCoopers LLP. Topics to be addressed include:

  *Recruiting and team development – HR advice and best practices
  *The Compliance Landscape – Review of the unique requirements companies
    will encounter
  *Banking and Finance – Making sense of Japanese banking requirements and
    common pain points
  *Market entry – Tactics from start up to M&A options
  *Japan business culture – Practical dos and don’ts in business encounters

For more information about market sector opportunities in Japan, read HSP’s
blog post “Japan is Rumbling Back to Life with Some of Asia’s Best Business
Opportunities.”

About High Street Partners

High Street Partners is a premier provider of international business software
and services. Its mission is to help companies capitalize on their
international growth opportunities by simplifying the management and control
of international expansion and operations. HSP’s signature solutions include
HSP OverseasConnect®, cloud-based software for the aggregation and management
of accounting, finance, HR and legal operations across multiple geographies
and lifecycles. OverseasConnect complements HSP’s operations-focused Managed
Services and suite of custom Advisory Services. HSP provides a single point of
accountability for customers spanning a range of industries and sizes: from
those making their first overseas hire, to larger, publicly traded companies
managing multiple subsidiaries on several continents, to top universities and
research institutions operating in dozens of countries. HSP now has 15 global
offices, including Annapolis, Boston, Dallas, New York, San Diego, Silicon
Valley, Hong Kong, London, Munich, Shanghai, Singapore and Tokyo. For more
information, call 1-888-881-6576 or visit www.hsp.com.

About JETRO

JETRO, or the Japan External Trade Organization, is a government-related
organization that works to promote mutual trade and investment between Japan
and the rest of the world. Originally established in 1958 to promote Japanese
exports abroad, JETRO's core focus in the 21st century has shifted toward
promoting foreign direct investment into Japan and helping small to medium
size Japanese firms maximize their global export potential. For more
information, visit http://www.jetro.org

Contact:

Media:
cuePR
Lisa Quackenbush
617-670-1966 (o)
781-801-0347 (c)
LisaQ@cuePR.com
 
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