Japan shows its business potential

About the Japanese delegation visit

In March 2019, several companies in the artificial intelligence sector in Quebec (Mila, IVADO, Stradigi AI, Imagia, Menya Solutions, Mnubo and Optina Diagnostics) participated in a trade mission to Osaka and Tokyo. Following these fruitful exchanges, we are pleased once again to partner with the Chamber of Commerce of Osaka for a Japanese business delegation hosting event on March 10, 2020. The delegation will be composed of business people engaged in manufacturing equipment and devices (such as dental), drug development, sensing, thermal power generating systems) and system integrators.

For this event, company meetings will be organized on site and the privileged format of this activity will allow you to connect with the members of the Japanese delegation. This is a unique opportunity to showcase our artificial intelligence ecosystem.

A unique opportunity to:

• Learn about business practices in Japan.
• Evaluate the potential for developing your business in this country.
• Network with other Quebec companies considering this market.
• Take advantage of exclusive meetings with the Japanese delegation

Who should participate?

Any company looking to develop its business in Japan or to learn more about this market.

Companies in the AI/IOT (for image analysis, sensing, safety management solution, filtering virus emails), cellulose nanofiber technology for dental material, and new technology for renewable energy.

Japan’s market

• This country is the third biggest economy in the world and a key market for investors with growth largely stimulated by international trade and domestic consumption.
• The CPTPP came into effect in Canada and Japan on December 30, 2018. This free trade agreement involves 11 countries representing 500 million people and a combined GDP of $13.5 billion.
• Investments are mostly oriented towards electric machinery, finance and insurance, chemical products and pharmaceuticals, transport equipment production, real estate, oil and food.
• Japan’s main assets: its position as a leader in the high-tech sector and R&D.
• Prime Minister Shinzo Abe’s growth strategy aims to double the value of FDI stock by 2020: implementation of corporate governance rules (gradual reduction of corporate tax), creation of R&D centres and special economic zones to become the country with the most favourable environment for businesses.

Information on Osaka and the artificial intelligence sector:

• The city of Osaka will host the third International Congress on
  Robotics and Artificial Intelligence on June 22 and 23, 2020.
• Japanese railroad companies are already turning to artificial intelligence to help resolve potential snow accumulation problems for high-speed Shinkansen trains.
• The approval of the Artificial Intelligence Principles took place at the G20 Summit in Osaka on June 28 and 29, 2019. “Through these principles, you are affirming that the AI we want is centred on people, respects ethical and democratic values, is transparent, safe and accountable.”
• The Japanese government will finance a program to develop a software solution based on artificial intelligence that will provide translation and simultaneous interpretation in 15 languages, in order to prepare it for the World Expo 2025 in Osaka.