#27 Business and Value co-creations of Japanese corporation with startups and local corporate within Emerging markets

Beyond our Past

Beyond past, and new values for now and future

Sensing the limits of only developing new services and products in-house in this VUCA(Volatility, Uncertainty, Complexity, Ambiguity) era, their Japanese corporations, even our clients and business partners of them are now globally pursuing business development and investment opportunities with local startups and corporate in the emerging markets like Asia, Middle East, and Africa, and becoming more serious and practical.

Japan’s chip equipment supplier Disco mulls setting up centre in India.
Disco will also consider opening an applications laboratory that will perform test cuts and other experimental processing in India.

Japan’s chip equipment supplier Disco mulls setting up centre in India

Disco is a market leader in tools for cutting and grinding silicon wafers. The company holds a global market share of 70-80 per cent in equipment for back-end processes in chipmaking.

They are reportedly eyeing to establish a centre in India, and they aim to provide support for the clients and act as a base for marketing to the semiconductor industry in the country.

Prime Minister Modi san, in the recently-concluded Semicon India 2023 event, held with a particular focus on the semiconductor industry in the country, asked companies to invest in India.
He said "India understands that semiconductors are not just a national need but a necessity for the world," underscoring India’s commitment to become a leader in chip supply.
The tide has changed.

Ricoh and Toshiba to combine office printer, copier production Deal to create top player amid market decline accelerated by remote work

Electronic products Giant, Ricoh and Toshiba will combine production of printers, copiers, and other office machines, creating the world's largest player amid declining demand due to the rise of remote work and paperless offices.
The two sides will bring together technology to enhance competitiveness.

Yes, due to the certain paradigm shifting especially in developed nations, some declining demand of that printing exist there, but its bit different in emerging markets which would reach to growth stage of their general type of printers demands there.

Plus, due to the market environment, they printer brands started becoming more eager and serious to implement open innovations and business co-creation activities with external business partners like startups etc by strategic win-win synergies and complement.

My firm, Onebloom Corporation, with their top printer makers and brands are also working as their new business development catalyst in global cross-border fields, especially our emerging markets.
Physical analog(printer etc) + Digital(cloud service, SaaS, etc) combination driven value concept on it.

Sensing the limits of only developing new services and products in-house in this VUCA(Volatility, Uncertainty, Complexity, Ambiguity) era, their Japanese corporations, even our clients and business partners of them are now globally pursuing business development and investment opportunities with local startups and corporate in the emerging markets

Potential, but still gaps and challenges

India aims for tenfold boost in Japanese business presence: envoy Ambassador Sibi George sets sights on Japan's small businesses with new advisory team

Usually, Ambassador can't be a good salesman of their nation in economical perspective since many of them don't have practical business experiences and sense(to be honest, having many of experiences to meet with so many Ambassadors).
But this case of India, we will see.
Even though their effort can't fill all the gap, it may complement well for some part and show additional positive signal anyway to the market.

India is rolling out the red carpet for Japanese small and midsize businesses, opening a new office at the Indian Embassy in Tokyo to advise those looking to set up shop in the country.
The initiative's goal is to increase the total number of Japanese companies in India tenfold to 15,000 within three years.

Looking forward to collaborating well with them too within India and Japan. So many potentials in between their nations, but still not deeply and widely explored and catalyzed well enough by their business and management experts and professonals.

The initiative's goal is to increase the total number of Japanese companies in India tenfold to 15,000 within three years

METI will hold the fourth Fast Track Pitch under the “ASEAN-Japan Co-Creation Fast Track Initiative” in Hanoi, Vietnam to accelerate global open innovation of Japanese companies/startups

Ministry of Economy, Trade and Industry Japan (METI) and JETRO- Japan External Trade Organization will hold the “Inno Vietnam - Japan Fast Track Pitch 2023” in Hanoi on November 3rd, 2023 to be co-organized by the Ministry of Planning and Investment and the Vietnam National Innovation Center as a part of the Asean-Japan Co-Creation Fast Track Initiative” to accelerate global open innovation of Japanese companies and startups.
Furthermore, the launch event of the Fast Track Pitch will be held on August 29th in Hanoi, in which the challenge owner companies will explain the details of their challenge statements.

In ASEAN, which is expected to become a growth center driving the world economy, leapfrogging startups have been creating many innovations that solve societal issues on sites by utilizing digital technology etc in a wide range of fields such as logistics, payments, education, healthcare, food, beverage, retail, business management, and finance etc. In addition, due to the young population structure and rapidly rising income levels, the size of the middle-income population that enjoys an affluent consumer lifestyle, especially in urban areas, is increasing.

On the other hand, for Japanese companies, it is becoming crucial to develop strategic collaborations, innovation, synergies with startups that are achieving rapid growth so that they can incorporate innovations that are newly created in the ASEAN region and improve their competitiveness in the growing ASEAN market.

My firm, Onebloom Corporation, have been also developing, catalyzing, and leading in between their Japanese companies and local startups and corporate in Asean nations, trying to develop strategic collaborations, innovation, synergies that are achieving and maximizing their each of having strength and filling their each of having weakness points in the ASEAN region and improve their competitiveness and added values in the growing ASEAN market and further global.
That is why we have been feeling the actual potential, and at the same time, we have been feeling the gap and shortage points which have to be complemented and catalyzed also by somebody experts and professionals(business, operations, and management) having the relevant deep and wide experiences, expertise, know-how, capability, information/data, and other type of retained resources and assets on their sites.
I believe the combination can maximize the potential more on their spaces.

On the other hand, for Japanese companies, it is becoming crucial to develop strategic collaborations, innovation, synergies with startups that are achieving rapid growth so that they can incorporate innovations that are newly created in the ASEAN region and improve their competitiveness in the growing ASEAN market

Mitsui to expand health startup investment with focus on ASEAN

Trading house plans fivefold funding rise, sees technology as solution.

A molecular diagnostic laboratory in Singapore operated by Mirxes, a Singapore-headquartered company that has developed the world's first molecular blood test for the early detection of gastric cancer. Mitsui & Co., Ltd invested as a shareholder in the company's latest fundraising round.

Japanese trading and investment management house Mitsui & Co. plans to increase fivefold its investments in medical startups over the next three years, with a focus in SouthEast Asian companies.
The company hopes to plow 10 billion yen ($68 million) in the years to March 2026 in startups that are developing cutting edge technologies,  particularly in the prevention of lifestyle-related conditions and their treatments, including home remedies.

Not only them, but even others from and in Japan, Japanese companies interest to investing and collaborating with healthcare and medical related startups in and from emerging markets like the South East Asia, Asean and others started increasing since their industries growth is promising worldwide and their home ground, Japan, always need such type of new technology, know-how, add values, and solutions in their aging era which is first aging society and one of the most aging country in the world.

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