Wednesday, December 14, 2022
HomeWalesMarking 50 Years of Japanese Funding in Wales

Marking 50 Years of Japanese Funding in Wales


Japan’s UK Ambassador, Hayashi Hajime and the First Minister of Wales, Mark Drakeford MS, will co-host a reception on the Japanese Embassy in London at this time, 14 December 2022 to mark 50 years of Japan – Wales Financial Relations.

The primary main Japanese funding in Wales was initiated by Takiron (now Takiron C.I.) in 1972.

There are at present over 60 Japanese owned firms working in Wales – Calbee, Jtekt, Panasonic, Shoda Sauces, Sony, Toyota and Yuasa Battery, to call however a number of – using over 7,500 individuals.

Japan is at present Wales’s second largest inward funding donor.

In 2021 Welsh exports to Japan have been value £194.9 million; this was round 5.1 per cent lower than in 2020 and meant it was our thirteenth largest export market.

Regardless of the lower, a few of which will be attributed to the pandemic, the newest statistics are displaying encouraging indicators of restoration. For the primary two quarters of 2022.  Welsh exports to Japan confirmed a rise compared with their corresponding quarters in 2021.

Among the produce that Wales exports to Japan embrace: Welsh lamb, Anglesey sea salt, Carmarthen ham, Conwy mussels, Pembrokeshire early potatoes, Conventional Welsh Caerphilly cheese, Conventional Welsh cider, laver bread, Welsh beef, Welsh wine, bottled water and Welsh Whisky.

The Rugby World Cup in 2019 noticed over 53,000 Welsh followers journey to Japan to take part in and be enthralled by the event. Many Japanese individuals supported the Welsh group and learnt to sing the Welsh Nationwide Anthem and Calon Lan as a mark of respect and help.

Within the final two years 1,000 cherry timber have been planted throughout Wales as a mark of friendship from the individuals of Japan to the individuals of Wales as a part of the Sakura Cherry Tree Undertaking.  The timber are a robust image of friendship that may be supported and loved by future generations.

Amongst these attending the reception will probably be members of Boys Aloud who will sing to the specifically invited Japanese and Welsh company.

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