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Silicon Valley D-Lab Project x METI Seminar to be Held To find clues for large Japanese-affiliated companies to succeed in business in Silicon Valley

Silicon Valley, where digital business is now flourishing, is the home of IT industry innovations that allow startups to achieve rapid growth, as seen in the examples of Uber and Airbnb, as well as being a dynamo for Google, Apple and Facebook to maintain their dominant positions. These innovations have also spread to inspire large manufacturing companies like GE, General Motors and Ford to embark on large-scale investment to establish digital software-based business.

The third Silicon Valley boom is underway, and many Japanese-affiliated companies, mainly in the manufacturing industry, have been taking up business development in Silicon Valley. However, many business operators are experiencing difficulty in developing or approaching successful new  businesses in the area.

To address this situation, the Ministry of Economy, Trade and Industry(METI)decided to hold a seminar titled "Silicon Valley D-Lab Project x METI Seminar" to provide companies with an opportunity to learn about current trends in the area and Japanese-affiliated companies' Silicon Valley success stories , in order to increase their chances of success in the future development of new business there.

1. Outline of the seminar

Date and time:
January 30 (Tue.), 2018; from 14:00 to 16:40
Venue:
Lecture hall on the second basement level, METI Main Building
Presentation:
Silicon Valley D-Lab Project – Large Companies’ Development of New Business in Silicon Valley–

2. Program

(1)Speeches by the members of the Silicon Valley D-Lab Project;90 minuses from 14:00 to 15:30

Theme:
New Business Development by Large Companies in Silicon Valley
Speakers:
Members of the Silicon Valley D-Lab Project:
Mr. Hirokazu Shimoda, JETRO San Francisco Office
Mr. Tomoki Inoue, Consulate-General of Japan in San Francisco
Mr. Toshihiko Mori, Panasonic Corporation
Mr. Masayuki Kimura, Deloitte Tohmatsu Consulting LLC
Outline of the speeches:
These speakers will make presentations regarding a series of interviews that took place with leading Silicon Valley players concerning:the nature of digitalization, trends in Japanese companies developing new business in Silicon Valley and measures therefor, and successful case examples.

(2)Speech by experts from the Silicon Valley D-Lab Project; 50 minuses from 15:40 to 16:20

Theme:
SAP's Efforts in Silicon Valley Approaches by a German Company to Taking Advantage of Silicon Valley(tentative title)
Speaker:
Mr. Takeshi Komatsubara, Principal, Global Innovation Office, SAP Labs Palo Alto
Outline of the speech:
Mr. Komatsubara will focus on the approaches taken by SAP Labs, the largest software company in Germany, which, like Japan, considers the manufacturing industry as its source of development, to taking advantage of Silicon Valley. He will also explain key points and case examples of SAP Labs' efforts for addressing digitalization as well as organizational reform through making use of design thinking.

Reference1:Silicon Valley D-Lab Project Report

The Silicon Valley D-Lab Project is a volunteer project founded by a group of four Japanese nationals who live in Silicon Valley for the purpose of communicating advances in the manufacturing industry there to Japan. The project aims to communicate important information from interviews with leaders and experts in a variety of industries in Silicon Valley with interested parties in Japan, in cooperation with Stanford University, the Ambassador of the United States to Japan, and others, thereby providing Japanese industries with opportunities for revitalization.

The Silicon Valley D-Lab Project released its first report concerning its activities, and the report has been downloaded in excess of 170,000 times.

Reference2:Experts with whom the Silicon Valley D-Lab Project held interviews(in random order)

Mr. John Roos, Co-Founder, Geodesic Capital; former Ambassador of the United States to Japan
Mr. Hiroshi Menjo, Managing Partner, Net Service Ventures
Mr. Kenji Kushida, Research Associate, Stanford University
Mr. Gen Isayama, Co-founder & CEO, WiL, LLC.
Mr. Takuya Miyata, Founder and General Partner, Scrum Ventures
Mr. Hiroshi Saijo, CEO, Yamaha Motor Ventures & Laboratory Silicon Valley Inc.
Mr. Naoki Sugimoto, CEO, Honda R&D Innovations
Mr. Koichi Narazaki, CDO, Sompo Holdings, Inc.
Mr. Yoshiki Endo, CEO, Beans International Corporation
Mr. Takeshi Komatsubara, Principal, Global Innovation Office, SAP Labs Palo Alto

3. To register in advance for the seminar

Release date

December 21, 2017

Division in Charge

Policy Planning and Coordination Division, Manufacturing Industries Bureau

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
Copyright Ministry of Economy, Trade and Industry. All Rights Reserved.