Investing in Japan
Latest UpdatesGerman-based diamond coating service provider CemeCon establishes company in Japan
Aug 31, 2016
A German manufacturer and seller of cutting tools and a diamond coating service provider, Cemecon AG, established Cemecon KK in Tokyo.
The company is headquartered in Germany and has manufacturing and sales bases in China and the US. It established a sales base in Japan in January in 2016, eyeing it as a possible future candidate headquarters for the Asian region with a manufacturing function capable of providing coating services. The company has a history of doing business with Japanese customers for more than 20 years, and it is expected that the establishment of the base will help the company extend its sales network in Japan.
For the establishment of the company in Japan, the JETRO Invest Japan Business Support Center (IBSC) provided support including consultation on necessary matters for establishment of a business base (registration, visa, tax matters and labor affairs), market information and referral to service providers (staff agencies, real estate agencies, banks, administrative scriveners and tax accountants).