Japanese – Hungarian Economic Ties Takao Kobayashi, General Director JETRO Budapest Nyíregyháza, April 27th, 2005

Short overview of JETRO JETRO, Japan External Trade Organization JETRO 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 (FDI) into Japan and helping small to medium size Japanese firms maximize their global export potential

Basic information about JETRO Name Japan External Trade Organization (JETRO) Authorizing law Japan External Trade Organization Incorporated Administrative Agency Act (December 13, 2002, Law No. 172) Established October 1, 2003, originally established in 1958 Representative Osamu Watanabe, Chairman Address Ark Mori Building, 6F 12-32, Akasaka 1-chome, Minato-ku, Tokyo 107-6006 Japan Tel: +81-3-3582-5511 Offices Domestic: JETRO Headquarters Tokyo, JETRO Osaka, Institute of Developing Economies and 36 regional offices Overseas: 74 offices (56 countries) Employees Approx. 1,660 (840 domestic & 820 overseas) Capital 104.4 billion yen Budget 42.1 billion yen (fiscal 2004)

JETRO’s activities Helping Japanese firms develop business in Hungary Assisting Japan’s smaller exporters Supplying Japan with Hungarian economic information Helping Hungarian firms export to the Japanese market Attracting Hungarian investment to Japan Supporting the economic revitalization of regions

JETRO’s events (past 14 months) Feb. 2nd Hungary’s Accession to the EU – Seminar: The Impact on the Economic Regulatory System March 16th Central/Eastern Europe IT Outsourcing Seminar/Business Meeting May 11th Transfer Pricing Seminar organized jointly with Shokokai May 20th Lecture for Japanese Manufacturers, Procurement Seminar organized by the Association of Hungarian Rubber Industry July 12th Hungary / Romania Investment Environment Seminar in London Sept. 9th EU Seminar – after Hungary’s Accession, Series 1: Taxation and Social Security Sept. 27th~28th JETRO BioLink Forum 2004 (a Hungarian company invited) Sept. 27th~29th Hungary/Romania Border Region Industrial Tour Sept. 6th EU Seminar – after Hungary’s Accession, Series 2: Labour Laws Nov. 19th EU Enlargement Business Seminar in Brussels Nov. 24th EU Seminar – after Hungary’s Accession, Series 3: ELV and WEEE/RohS March 7th~8th, 2005 Japanese Component Buyers Exhibition in Budapest

The number of Japanese manufacturers in Central Eastern Europe (CEE) （unit:company） ＜left：by country （column diagram.），right：total CCE （line diagram.）＞ Graph reflects end of year standings （in □ the total in CEE） （Source:： JETRO survey）

Manufacturing Companies All Over Hungary, January, 2005 CENTRAL HUNGARY Alpine Takano Sony Clarion SANSHIN Toyo Seat NISSHO Taiho NORTHERN HUNGARY Tokaj-Hetszolo DELPHI CALSONIC TDK MITSUBA STANLEY ELECTRIC ARRK-TECH Shinwa CENTRAL TRANSDANUBIA Musashi SANYO Diamond Electric Magyar Suzuki Sunarrow Euro EXEDY EWCS AIKAWA ORTECH SEWS Automotive SEWS Components SEWS DENSO NORTHERN GREAT PLAIN HOYA LENS Meiji Rubber Tsubaki Hoover SEI WESTERN TRANSDANUBIA EPCOS Kft. Shin-Etsu Polymer SOUTHERN GREAT PLAIN SMK Digital Disc Drives Nissin Foods Tanashin Asahi Glass Ibiden Kotobuki Manufacturing Companies All Over Hungary, January, 2005

Main Hungarian import items from Japan (EUR)

Main Hungarian export items to Japan (EUR)

Japanese investment to CEE (1951 ~ 2003 cumulative, million USD) Source: Ministry of Finance, Japan Remark: Romanian statistical figures are calculated until 2002. The 2003 overall figures have not been announced.

Thank you for your attention! For further information please contact us at: JETRO Budapest H-1051 Budapest, Bajcsy-Zs. út 12. Tel.: (+36 1) 266 7687 URL: www.jetro.go.jp/hungary E-mail: jetro@jetro.hu