Skyline of Tokyo, Japan

Japanese companies seek clarity on European regulations

From 12 to 19 September, an HIDC delegation visited Japan for a programme of seminars, company visits and networking events in Osaka and Tokyo. The trip was organised in cooperation with the Netherlands Foreign Investment Agency (NFIA), which facilitated local arrangements and contacts in Japan.

The seminars explored the opportunities and challenges facing Japanese companies operating in, or looking to enter, the European market. Topics included the development of Japanese businesses in the Netherlands, ways to optimise European supply chains, logistics opportunities through Schiphol, and the potential benefits of Dutch fiscal representation for VAT purposes. Speakers also addressed recent customs developments and the practical implications of the Carbon Border Adjustment Mechanism (CBAM).

Together with representatives of Dutch Customs and Schiphol, and specialists from PwC and Londen & Van Holland, we discussed these topics with Japanese businesses. The seminars gave us an opportunity to share knowledge and hear directly about the questions companies face in practice.

Many questions about CBAM

One of the clearest messages from these conversations was the need for more clarity on CBAM. Smaller Japanese suppliers to major manufacturers, in particular, are being asked by their customers to provide information needed for European compliance. They do not always understand why European requirements affect them.

This shows how European regulations reach further into international supply chains. Even companies that do not supply the European market directly may be affected when they form part of a supply chain that must meet European requirements.

We see a similar need for clarity around the EU’s Packaging and Packaging Waste Regulation (PPWR). Japanese companies want to understand what its rules mean in practice for their products, packaging and activities in Europe.

Turning regulatory challenges into opportunities

The company visits and other meetings also showed that these challenges come with opportunities. Japanese businesses are interested in the European market, but need reliable information and practical support to translate complex regulations and market conditions into decisions for their own operations.

The Netherlands can help them do that. Its strong logistics infrastructure, the international reach of Schiphol Airport and the Port of Rotterdam, expertise in customs and taxation, and broad network of logistics and business service providers offer Japanese companies a solid base for their European activities.

The trip brought valuable discussions, new contacts and a clearer picture of the issues Japanese businesses are facing. It gives HIDC and NFIA a strong basis for developing these relationships, sharing knowledge and strengthening connections between Japanese companies and the Netherlands.

 

Written by:
Jasper Eggebeen, Senior Manager Business Development

Expanding to Europe?

Should you have any questions about the services HIDC can offer, or how we can support your European expansion plans, feel free to reach out. We are happy to help. 

Jasper Eggebeen
Senior Manager Business Development