In 1867, the Kingdom of Denmark and Japan signed a "Treaty of Friendship, Commerce and Navigation".

[1] In June 1999, Japanese Prime Minister Keizō Obuchi paid an official visit to Iceland.

During his visit, Prime Minister Obuchi announced the opening of a Japanese embassy in Reykjavík.

[4] Each year, both nations obtain negative attention in the fact that they both continue whaling.

[1] Several well known multinational Japanese companies such as Honda, Sony, Toshiba and Toyota (among others) operate in Iceland.