Investing in Japan
Feb. 21, 2011
In December 2010, AIT Japan Inc., the Japanese subsidiary of AIT Group, established a business base in Osaka. AIT Group is a semiconductor and electronics components distributor operating under the WPG Holdings umbrella, Asia's No.1 electronics components distributor. Having increased both sales and profits since its establishment in Tokyo in 2005, AIT Japan has established the new Osaka office with the aim of creating new business opportunities in the Kansai area.
AIT Japan deals with electronics components, including semiconductors and flexible substrates manufactured by domestic and foreign companies. To reduce logistics costs and ensure dealings between sites, the company has commercial and physical distribution bases in South Asia, including China and India, as well as Europe. In addition to conducting transactions, the company also provides comprehensive consultation services, something that gives it a distinct advantage.
To set-up its Japan arm, JETRO's Invest Japan Business Support Center (IBSC) in Osaka provided a range of support and services including free temporary office space and information on incentives given by local governments, real estate market and recruiting companies, as well as introduction of real estate agencies in Osaka City.
IBSCs are located in Japan's major business hubs (Tokyo, Yokohama, Nagoya, Osaka, Kobe and Fukuoka) and provide one-stop support and service to foreign firms seeking to set up or expand business in Japan. The centers, which provide free temporary office space, consultation with expert advisors and access to a wealth of business information, tailor support according to the specific needs and phase of development of each firm.