You are here: HomeU.S. East Coast 2022

An unbreakable partnership

Oct 31, 2022


Having just weathered the worst of the COVID-19 pandemic and dealing with the effects of the war in Ukraine, the United States and Japan have remained steadfast in building a stronger alliance — a partnership that has generated prosperity and provided stability across the Pacific and the rest of the world over the past 70 years.

Heralding a new phase of cooperation, U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida announced last year the U.S.-Japan Competitiveness and Resilience Partnership (CoRe), an ambitious initiative that will accelerate cooperation in a wide range of fields, such as Japan’s Cancer Moonshot program, biotech, artificial intelligence, quantum information science, civil aerospace cooperation, cybersecurity, strategic supply chains and advanced manufacturing.

Ambassador and Consul-General of Japan in New York Mikio Mori

“It is my utmost priority to promote Japanese interests and safety in this area. Our two peoples are bound not just by our shared commitment to establishing and maintaining a global economic order, but also by our objective of achieving stability amidst rapidly changing geopolitics. Now more than ever, I look forward to stewarding this extraordinary story of cooperation between Japan and the United States,” said Ambassador and Consul-General of Japan in New York Mikio Mori.

Given the technical and geographical breadth of CoRe, the states of New Jersey, New York, Pennsylvania and Virginia have become ideal locations to base such collaborations.

“The East Coast is an obvious place to look. When you’re sitting on the amount of capital and financial resources that Japan has, New York and its surrounding regions as a market look really attractive. The challenge, of course, is that America is really large. Historically, Japanese companies have always looked to the East Coast, and this region has the largest and probably the oldest connections to Japan,” said Japan Society President and CEO Joshua Walker.

“Some of the biggest drivers of people are businesses because they are the means that bring about economic growth. And investment opportunities are ways through which people of different cultures get to know one another. That’s a real opportunity here on the East Coast,” he added.

In the field of space research and exploration, Masami Onoda, the director of the Japan Aerospace Exploration Agency’s office in Washington, D.C., welcomed the agreement between the Japanese government and NASA to build Lunar Gateway, which will eventually bring astronauts to the moon again.

“You can see that strong bipartisan support for space research activities from both houses of the U.S. Congress is continuing,” she said.

Amid very rapid technological innovations that have transformed the business landscape, Japanese imaging giant Ricoh has tapped into its technology and expertise to carve out a niche in the digital world and build an even stronger company.

“Our growth strategy is to make sure that we are finding adjacent services and offerings to our traditional print world. It’s all about data. How you take data and unstructured data, how you make it powerful and valuable, and support our customers on that journey. We are taking our growth strategy to the next level,” said RICOH North America CEO Carsten Bruhn.

“For example, we are investing in some new ideas. We just got FDA approval for 3D printing for the  healthcare sector. So, we are creating an ecosystem where we are working in with the healthcare industry to make 3D prints of say, an implant. But it’s much more than 3D prints of a spine. It allows a surgeon to look at patients more quickly, perform surgeries sooner, use less anesthetics, get them home more quickly and recover faster,” Bruhn also said.

Meanwhile, following the demise of traditional manufacturing in the 1980s, the eastern states have seen growth in the life sciences sector.

“Upstate New York has a very impressive nanotechnology complex where the Japanese arm of IBM operates and many young Japanese technology workers are based. Pennsylvania, on the other hand, has the second-largest concentration of Japanese within the consulate’s jurisdiction. We also have been traditionally strong in the pharmaceutical, biochemical and automotive industries,” Mori said.

In Troy, New York, Rensselaer Polytechnic Institute is again living up to its reputation as a pioneer in technological innovation. Established in 1824, at the height of the Industrial Revolution in the United States, RPI was the first technological research university in the country and the English-speaking world.

“We recently created a center called the Future of Computing Institute to combine activities, such as artificial intelligence, data analysis and computation, to amplify their impact. In addition, we are focused on issues surrounding energy in the built environment, and we have numerous research activities in this area,” said RPI President Dr. Martin Schmidt.

“We are also building a growing presence in New York City as a platform in which to experiment with ideas coming from our faculty, particularly in the School of Architecture, in the areas of sustainability, climate change, and decarbonization. We are also leveraging our strong computer science activities on the critical problems facing rapidly expanding urban centers worldwide,” Schmidt added.

“We recently launched a partnership with the Icahn School of Medicine at Mount Sinai in New York City that brings the power of engineering to precision medicine. We see many opportunities in research through this partnership which is unique in New York City.

JETRO New York President Kenichi Kawamoto

Additionally, we are deeply engaged with the region around the university, in Troy and Upstate, NY, to use the Institute’s capacity in research, as well as our robust computational ecosystem, to create pathways to innovation for industry to reinvigorate the local economy and create jobs through the manufacture of semiconductors and nanotechnology that leverage the government’s game-changing investment in chips,” he also said.

If CoRe is to succeed in meeting its ambitious agenda, it will be mostly through the private sector and public-private partnerships. At the heart of these efforts is the Japan External Trade Organization, which launched J-Bridge, a platform that connects Japanese and international companies looking for business opportunities overseas.

“J-Bridge projects are developed all over the world. But in the case of the United States, in 2021, we promoted the field of carbon neutrality. This year, in 2022, we added the digital transformation field. Now, we are gathering information on which American startups would be interested in collaborating with Japanese companies in their digital transformation efforts,” said JETRO New York President Kenichi Kawamoto.

U.S. East Coast 2022 was prepared for and originally printed in The Japan Times Newspaper.

PDF of the printed report

latest special Reports:

More Special Reports: more...



  • Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

    Our ambition is to highlight under-reported developments and opportunities around the world, and allow leaders in these regions and sectors to take their message to the highest global level. We partner with top media to communicate with the world’s most powerful audiences. We specialize in communication and branding initiatives that help our clients effectively get their messages to their existing and potential partners. We achieve results for our clients by introducing them and their initiatives to an audience of elite international business and government leaders.

    Global Media Inc. is an independent media agency with offices in Hong Kong and Canada. GMI has more than a decade of experience in the writing, researching, and production of promotional country reports, with media partners from East Asia to North America. We have teams worldwide that develop country and thematic reports on the latest economic trends and developments.

    We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

    Nearly a century old, there isn’t a more influential or higher-reaching publication in the United States than Foreign Affairs. The journal is ranked #1 in influence by U.S. opinion leaders in a recent nationwide study conducted by Erdos and Morgan, the premier business-to-business research firm. Their findings place Foreign Affairs ahead of all media, both print and broadcast, including The New York Times, The Wall Street Journal, The Economist, and The Washington Post.

    Testimonials:

    “We were extremely impressed with how efficient, well-coordinated, responsive and reliable the Global Media Inc. team was. We owe them a lot for their professionalism. We were very pleased with the outcome, and the article was very well-written. We hope to have an opportunity to work with Global Media Inc. again in the near future.� – Japan Airport Terminal Co. Ltd.
    “The Global Media team’s professionalism was excellent. Their team was great and always gave us the right suggestions and information. The product was excellent, and we were very happy to have such a great opportunity working with their excellent team.â€� – National Graduate Institute of Policy Studies (GRIPS)
    “We were honored to be chosen as one of the good universities in Japan. This article conveyed Seigakuin University’s educational ideals and the message from President Akudo. The advertisement was conspicuous and gave a good impression that Seigakuin nurtured students to contribute to world peace. We really appreciated what Global Media Inc. had did for us.â€� – Seigakuin University

    Whom we have featured:

    • Australian Prime Minister Julia Gillard
    • Australian Foreign Affairs Minister (and former Prime Minister) Kevin Rudd
    • Japanese Prime Minister Shinzo Abe
    • Qatari Minister of International Trade and Industry Dato’ Sri Mustapa bin Mohamed
    • Japanese Minister of Education, Culture, Sports, Science and Technology Yoshiaki Takaki
    • Taiwanese Foreign Minister Yang Chin-Tien
    • Taiwanese Finance Minister Lee Sush-Der
    • Taiwanese Economic Affairs Minister Shih Yen-Shiang
    • Taiwanese National Science Council Minister Lee Lou-Chuang,
    • Taiwanese Deputy Minister of Transport and Communications Yeh Kuang-Shih
    • Taiwanese Political Deputy Minister of Education Dr. Lin Tsong-Ming
    • Indonesian Ambassador to the United States Dr. Dino Patti Djalal
    • Indonesian Investment Coordinating Board Chairman Gita Wirjawan
    • Philippine President Benigno S. Aquino III
    • Philippine Senate President Juan Ponce Enrile

Join our newsletter

Sign up for our weekly newsletter to get the latest news and updates directly to your inbox.