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"Hajimemashite" is the formal way of introducing yourself for the first time. Its the equivalent of "Nice to meet you". You would bow as you say this to show respect. Then you would say your name in English because if your a beginner, you don't want to mess up your first impression with your name. After you say your name you then follow it with a "Dozo yoroshiku". This basically means "Please take care of me". Your new Japanese friend will be very impressed with your greeting of a great beggining.
Contributed by JaNae Ford