The Alliance Working in Dallas

Texas’ economic relationship with Japan continues to grow. With over 400 Japanese companies operating in Texas, and more setting up shop in the Lone Star state every year, Japan has become a valuable partner for economic growth. Additionally, in 2020, Japan was Texas’ third highest import partner and source of greenfield foreign direct investment (FDI) projects, rising from being respectively the eighth and fifth highest in 2016.

The East-West Center in Washington’s Japan Matters for America publication details the many ways that the Texas-Japan relationship continues to grow in other sectors as well, as 11 Texas cities enjoy sister city relationships with Japanese cities, Japanese gardens are maintained in 11 locales, and four separate Japan-America societies serve to improve Texas’ relationship with Japan throughout the state. Additionally, in September 2019, Texas Governor Greg Abbott led an economic development trip to Japan, accompanied by several major companies in Texas, economic development organizations from across the state, and other financial corporations.

As Texas continues to be the destination for Japanese businesses to establish their headquarters, Sasakawa USA traveled to the greater Dallas area between November 29 to December 1, 2021, to hold a public panel discussion on the importance of the U.S.-Japan relationship on U.S. and Texas economic interests and the opportunities for increased Japanese investment in the “Lone Star” State.

Events

November 30, 2021 | Addison, TX | The U.S.-Japan Alliance: Economic Impact on North Texas

Sasakawa USA co-sponsored a public panel discussion at the Renaissance Dallas Addison Hotel in Addison, Texas, with the World Affairs Council of Dallas/Fort Worth and the World Affairs Councils of America. The featured panelists included Mr. Mark Ikeno, President and CEO, NEC Corporation of America; Mr. Yoichiro Suzuki, Senior Vice President of Corporate Collaboration, NTT DATA Services; and Mr. Yasuhiro Uozumi, Executive Director, Keidanren USA. Ms. Shanti Shoji, Director of Programs, Sasakawa USA, moderated the discussion. Panelists discussed why Dallas-Fort Worth has become the perfect location for many Japanese businesses to establish their North American headquarters, what Japanese businesses are doing for the community outside of the direct economic impact, and the wider U.S.-Japan relationship. This event was held as part of The Alliance Working in America (TAWA) series.

The event began with a welcome address by the Mayor of Addison, Mr. Joe Chow. As a local business owner and entrepreneur, Mayor Chow shared his firsthand experience in business in North Texas, before handing it off to Ms. Liz Brailsford, President and CEO of World Affairs Council of Dallas/Fort Worth to share a few words on her organization. Ms. Brailsford then welcomed Dr. Satohiro Akimoto, Chairman and President of Sasakawa USA, who provided introductory remarks on Sasakawa USA and the origins of TAWA.

Ms. Shoji then began the discussion by introducing the panelists and having Mr. Uozumi provide the first opening remarks. Mr. Uozumi explained the role of Keidanren USA and discussed the impact that Japanese businesses have throughout the United States before focusing directly on Japanese businesses in Texas. In addition to the direct economic benefits that Japanese companies have on Texas, Mr. Uozumi presented information on how they also work to support the communities they serve directly through community service initiatives and civic engagement. Mr. Ikeno and Mr. Suzuki then discussed what led their companies to establish headquarters in Texas as well as specific examples of community engagement. The Q&A session covered topics such as how the political environment of the U.S. is impacting Japanese businesses and their panelist hopes for future investment in Texas.

Please see the below for photos and a full recording of the event.

Agenda

*All times indicated in Central Time.

6:00 pm – 6:30 pm | Registration and Reception

6:30 pm – 7:30 pm | Welcome and Panel Discussion

7:30 pm – 8:30 pm | Networking Opportunity

Photos

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