Japan: Gift Giving
From ExecutivePlanet.com
Gift Giving
At business meetings, it's not uncommon for each of us to present each other with a company gift or something that represents our culture. This exchange can take place at the beginning or sometimes even at the end of the meetings. I've received pens, folding fans, toiletry cases, calendars, and more. I've often given things representative of the company I work for, or of my country. Also good alcohol or name-brand items will work well. Use some common sense and there won't be any issues. Try to wrap it if possible in a modest wrapping. It's the thought that counts.
If there happens to be a very senior person in the meeting with his subordinates around him, then it would be wise to present a bit nicer gift to the senior person only, and the lesser gift to each of the subordinates. It is a sign of respect for his position.
As when receiving business cards, receive the gift with two hands. Also present the gift to your counterpart with two hands.
Just in case some day, though, you end up getting invited to a wedding, please remember to make sure the tie/bow on the present doesn't open too easily. If it does, it signals the potential for a quick divorce. So yes, various superstitions still do exist.

