Regional Information

Akita

Your Regional Guide : Shinya Watanabe

Akita Pref. Concierge
  • Inquires about investment in Japan.

Industrial Agglomeration Division, Department of Industry & Labor

3-1-1 Sanno, Akita-city, Akita Prefecture 010-8570
TEL: +81-18-860-2251   FAX: +81-18-860-3869

Akita

*If you can't find the information you need, please contact JETRO .
*Please note that inquires not regarding investment in Japan may not be answered.
*The information below is as of July 2015.

Basic Information

Population*1 1.09 million
Labor force*1 0.54 million
Area*2 11,636.0 km²
GDP*3 3,463,505 million yen
Major industries Electronic components/devices, production and commercial machinery, food, lumber/wood products, and chemistry
Wage*4
Initial wage for university graduates(Average)
178,200yen
Initial wage for college of technology/junior colledge graduates (Average)
148,100yen
Initial wage for upper secondery school graduates (Average)
143,700yen
Scheduled cash eanings (Average)
241,400yen
Land price(for 1m²)*5
Land price for industrial use (Average)
6,500yen
Land Price for Commercial Use (Average)
28,100yen
Number of Establishments*6 52,285
Number of Employees*6 418,749
Offices overseas

Seoul, South Korea (2002)

JETRO office

JETRO Akita

Regional Profile

Strength of the region's industries and economy

In terms of manufacturing industries, Akita Prefecture is characterized by the high weight of the electronic component/device industry, which accounts for approximately 25% of the total value of shipments from the prefecture, and has the largest workforce by industry in Akita Prefecture, thus establishing itself as the leading industry of the prefecture. In the past, Akita was one of the leading mining regions in the world, and that is why the prefecture boasts an advanced metal recycling industry that takes advantage of mineral processing technologies. In addition, inflow of the automotive and other transport equipment industries into the Tohoku district is distinctive aspect. Another distinctive aspect is growing medical /pharmaceutical industry due to the accelerating aging population in the prefecture in recent years.

Available incentives

  • Subsidy for investment in plant and equipment: A subsidy equal to 10% (the rate may be increased according to the requirements) of the investment in the plant and equipment is offered to companies locating a factory in the prefecture. Four billion yen may be paid at a maximum if it includes a research and development facilities. (There is a upper limit.)

  • Preferential taxation: Local taxes (real estate acquisition tax, enterprise tax and fixed asset tax) may be exempted for designated industry types located in designated areas.

  • Funding programs: One billion yen maximum may be lent at 1.8% per annum with repayment terms of 10 years for the investment in factory construction.

Services for investment in Japan

Providing market information Advice on the matters related to entering into Japanese market
Support for establishing a base Provision of facilities including a incubation office

The Industrial Agglomeration Division of Akita Prefecture provides support for foreign companies considering investments in Akita Prefecture. Making use of its network, the Office offers information about the procedures for incorporation, as well as industrial sites, human resources, universities, research institutes, and business partners, free of charge. Subsidies may be granted for a part of the initial investment such as investment in plants and equipment.

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