Where to invest in Japan's local regions

Aichi

Around Nagoya Station

MIRAI (Fuel Cell Vehicle)

Aichi prefecture, the industrial capital of Japan and manufacturing center that leads the world economy

Regional News

Contact

Investment and Trade Division, Industry Department, Bureau of Economy and Industry, Aichi Prefectural Government

3-1-2 Sannomaru, Naka-ku, Nagoya-city, Aichi Prefecture, 460-8501

 ricchitsusho@pref.aichi.lg.jp


Basic information

Population

7542 thousand

Labor force

3728 thousand

Nominal GDP

40,586.0 billion yen

Number of Establishments

343,572 establishments

JETRO office
  1. Population, Labor force: Population Census 2020, Ministry of Internal Affairs and Communications

  2. Nominal GDP: Aichi Prefectural Citizen's Economic Accounts 2021, Aichi Prefectural Government

  3. Number of Establishments: 2021 Economic Sensus, Statstics Bureau, Ministry of Internal Affairs and Communications

Business Environment

Aichi Prefecture is located almost at the center of Japan. It has a rich natural environment and an abundant workforce and human resources, which have served as a basis for the well-balanced development of industry, commerce, and agriculture in the prefecture. In the manufacturing sector, many industries, mainly in the transportation equipment field, such as automobiles and aerospace, have agglomerated. Since 1977, Aichi has been the No.1 prefecture in Japan in the total shipment value of manufactured products.

Incentives

Aichi Prefecture Business Facility Investment Subsidy for Cutting-edge Sectors of the 21st Century

Subsidies

This subsidy supports investments in large-scale plants and research institutes in cutting-edge sectors. It covers the cost of acquiring fixed assets excluding land, with a subsidy rate of 10% or less for plants and 20% or less for research institutions, with a maximum amount of 10 billion yen.

Aichi Prefecture Business Facility Investment Subsidy for Promising Industries (Type B)

Subsidies

This subsidy supports investments in plants and research institutes in critical segments of supply chain and growth industries. It covers the cost of acquiring fixed assets excluding land, with a subsidy rate of 10% or less, with a maximum amount of 10 billion yen.

GNI Business Start-up Support Program

Subsidies

This subsidy supports foreign companies that establish new corporations, branch offices, or rep offices in Aichi, Gifu, and Mie prefectures. It covers expenses for specialists, personnel recruitment, real estate brokerage commissions required for company registration, etc. The maximum amount is 0.5 million yen, depending on the capital.

Startup Visa

Startup Visa Available

Industrial cluster information

Next-generation vehicles

Aichi Prefecture is home to Toyota Motor (Toyota City), a world's leader in vehicle sales and a world-class agglomeration of the automobile and related industries, which provide the driving force behind the region's economy. There are many transportation equipment business establishments, such as headquarters and factories of major companies, and clusters of related supporting industries. Advanced production technologies and capabilities, outstanding talents, and industrial tradition underlie Aichi prefecture's industrial development. Consequently, shipments of transportation equipment in Aichi Prefecture account for approximately 40% of the national total (number one nationwide). Aichi is also working on expanding fuel cell vehicles and other next-generation vehicles, supporting R&D and demonstration experiments on self-driving technologies, thus playing a leading role in the Japanese automotive industry.

Local companies

Toyota Motor Corporation, Toyota Industries Corporation, Aichi Steel Corporation, JTEKT Corporation, Toyota Auto Body Co., Ltd., Toyota Tsusho Corporation, Aisin Seiki Co., Ltd., Denso corporation, Toyota Boshoku corporation, Toyota Central Research and Development Laboratories, Incorporated, Toyoda Gosei Co., Ltd.

Educational/research institutes of the industry

Nagoya University, Nagoya Institute of Technology, NUCB Undergraduate School, Toyohashi University of Technology

Aerospace

The Chubu region, which includes Aichi Prefecture, is a major production center of the aerospace industry. It manufactures more than 50% of the aircraft and aircraft-related components made in Japan. About one-third of a Boeing 787 aircraft's structure is manufactured in Aichi Prefecture. Aichi Prefectural Government takes full advantage of The Special Zone to Create Asia's No.1 Aerospace Industrial Cluster's incentive programs, which was designated as one of the Comprehensive Special Zones for International Competitiveness Development. The Prefectural Government is promoting R&D, developing sales channels, and fostering talents through industry-academia-government cooperation.

Local companies

Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Subaru Corporation, Mitsubishi Heavy Industries Aero Engines, Ltd., Mitsubishi Aircraft Corporation, Toray Industries, Inc.

Educational/research institutes of the industry

Nagoya University, Chubu University, Aichi Prefectural University

Robots

There are robotics clusters in Aichi Prefecture, centered on industrial robots. Aiming to foster the robot industry as the third industrial pillar after the automotive and aerospace sectors, Aichi Prefectural Government has launched the "Aichi Robot Industry Cluster Promotion Council" to promote the development and diffusion of robots.

Local companies

STARSEIKI Co.,Ltd., DENSO WAVE INCORPORATED, FUJI MACHINE MFG. CO., LTD., Mitsubishi Electric Corporation Nagoya Works

Educational/research institutes of the industry

Aichi Prefectural University, DAIDO UNIVERSITY, CHUKYO UNIVERSITY, Chubu University, Toyota Technological Institute, Toyohashi University of Technology, Nagoya University, FUJITA HEALTH UNIVERSITY, Meijo University

Links

Living environment

Aichi Prefecture boasts rich nature with distinctive four seasons. There are many cultural facilities, including The Aichi Arts Center, National Noh Theater, and Tokugawa Art Museum. The Prefecture also provides various social exchange facilities, including Aichi International Association and the Nagoya International Center. Medical Information Center Aichi in Nakamura Ward, Nagoya City, offers Medical consultation services free of charge for foreign residents. There are many international schools, including Nagoya International School. Residents can enjoy comfortable living environments, such as lower rent and shorter commute to work than in Tokyo or Osaka.

International schools

Logistics and infrastructures

Aichi Prefecture, facing the sea and located in Japan's center (in between Tokyo and Osaka), has long been a strategic point of transportation between eastern and western Japan. The Tomei, Meishin, Chuo, Tomeihan, and other expressways run through and connect each other in the prefecture. It has an extensive rail system, including a shinkansen (bullet train) line. As for sea lanes, Aichi is home to the Port of Nagoya, which handles the largest freight volume than any port in Japan, and the Port of Mikawa, which operates the highest automobile import volume. Furthermore, the Chubu Centrair International Airport is easily accessible from the city center and serves as a convenient transit point for domestic flights and a key gateway to overseas.

Airways: 70 minutes from Chubu Centrair International Airport to Narita International Airport, 90 minutes to Fukuoka Airport, 2 hours to Shanghai Pudong International Airport, 4 hours to Hong Kong International Airport
Land: Approx. 90 minutes to Tokyo, 50 minutes to Osaka by the Tokaido Shinkansen. The Linear Chuo Shinkansen launches (between Tokyo and Nagoya), it will connect Tokyo and Nagoya in 40 minutes.

Map of Aichi

Support

The Greater Nagoya Initiative Center (GNIC) serves as a one-stop contact point for foreign companies interested in starting or expanding a business into the area. It provides information on the region, invites, arranges interviews, and helps set up businesses in the area. It also provides information for companies to expand overseas and dispatches missions.
Nagoya Business Incubator provides facilities to foster and support entrepreneurs. Through industry, academia, and government collaboration, it provides technical and management support services to grow and develop startup companies, such as IT or R&D-oriented venture businesses and companies developing new fields.
INVEST IN AICHI-NAGOYA CONSORTIUM was established by Aichi Prefecture, Nagoya City, etc., with the aim of foresting innovation, revitalizing industries, and expanding employment by promoting the entry and establishment of foreign companies.

JETRO Nagoya has been entrusted with set up a consultation desk and invite foreign companies in FY 2024.

Success Stories in Aichi

Business Expanding

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