Investing in Japan
Your Regional Guide : Ichiro Nagase
International Economic Affairs Office, Economic and Labor Affairs Bureau, City of Kawasaki
Building 10th floor
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*The information below is as of July 2014.
|Labor force*1||0.67 million|
|GDP*3||Please inquire to your local government for the detailed information about city GDP.|
|Major industries||Manufacturing (electronics, communications, precision machinery, petroleum/chemicals), information, service|
Strength of the region's industries and economy
Kawasaki City supported Japan's rapid economic
growth as a manufacturing city, and has since
undergone a drastic transformation into an
international city for cutting-edge industries that
is home to many R&D organizations.
The agglomeration of industrial technology and R&D functions brings great potential to Kawasaki. Many large corporations with global-scale business operations have located here, including such world-renowned information & communications giants as NEC, Canon, Toshiba, and Fujitsu, as well as JFE Steel, which has developed advanced environmental conservation technology, Ajinomoto, a maker of foodstuffs and amino acid products, and L'Oreal Japan, a very popular international cosmetics manufacturer.
Foreign company(s) operating in the industry
More than 100 internationally recognized foreign companies have moved into Kawasaki, and companies such as Dell Japan, Tyco Electronics AMP, Toys ‘R' Us Japan, Mercedes Benz Kawasaki R&D, Costco Wholesale Japan, Ltd have their head office functions based in Kawasaki.
Kawasaki City supports commercialization of the advanced technology in the field of environment, energy, and life science in Kawasaki waterfront area so as to promote creation and accumulation of the leading-edge industries that contribute to the world and to the solution of the common issues for all humanity. The city also promotes “Asia Entrepreneurship Village Concept” with the aim of developing entrepreneurs who bridge Kawasaki and Asia by taking in the energy from Asia. The plan also supports the invitation of the companies and creation of new industries.
Asian Entrepreneurship Village Concept
|Incentive target industries||
Environment, welfare, life sciences, ICT, contents or manufacturing, etc.
Besides reducing the rent of Techno Hub Innovation Kawasaki (THINK) that serves as one of the business sites (tenant companies will have their rents reduced to 50% in the first year and 70% in the second year). The non-profit organization Asian Entrepreneurship Village Promotion Organization will provide incubation support to companies expanding into Kawasaki from Asia.
Kawasaki City Advanced Technology Industry Creation Incentive Program (Innovate Kawasaki)
|Incentive target industries||
Environment, energy, and life sciences
Subsidies will mainly target the associated costs incurred by the acquisition of real estate, buildings, and equipment needed to build a new business site. Subsidy rate: 10% of the acquisition cost. Limit: 1 billion yen.
- Incentive: Asian Venture Business Town
Services for investment in Japan
|Providing market information||Advice on market participation, Consulting by external experts and advisers|
|Support for finding customers||Listing of potential customers and partners, Listing of potential customers and partners|
|Support for establishing a base||Providing incubation facilities or other facilities, Providing incubation facilities or other facilities, Providing information on procedures for investing in Japan, Arranging the meetings needed to establish a base (real estate, manpower services), Introduction of available properties and advice on hiring personnel, Providing information on permits and licensing procedures, Providing information on subsidy programs|
Through the tie up between Kanagawa Prefecture, Yokohama City and JETRO Yokohama, Invest Japan Business Support Center (ISBC) is jointly operated within the office of JETRO Yokohama. Besides the provision of ISBC office space that is free of charge for the first 50 business days, ISBC advisors provide information and consultation services.
＜The Kawasaki City Small and Medium Enterprise Support Center＞
The Kawasaki City Small and Medium Enterprise Support Center has assigned managers (private-sector personnel) to offer advice on management improvements, technical issues, business startups, etc., and provides free consultations.