Where to invest in Japan's local regions

Mie

Port of Yokkaichi

Ise Jingu

Boasting with a wide range of industrial clusters, Mie Prefecture is a perfect place to operate your business!

Regional News

Contact

Industrial Investment Promotion Office

13 Komei-cho, Tsu-shi, Mie prefecture, 514-8570

 kigyoyu@pref.mie.lg.jp


Basic information

Population *1

1815 thousand

Labor force *1

903 thousand

Nominal GDP*2

N.A.

Number of Establishments*3

79,387 establishments

JETRO office
  1. *1

    Population Census 2015, Ministry of Internal Affairs and Communications

  2. *2

    Prefectural Citizens'Economic Accounts 2018, Cabinet Office

  3. *3

    "2016 Economic Sensus", Statstics Bureau, Ministry of Internal Affairs and Communications

Basic information updated on:Jan. 2022

Business Environment

Mie Prefecture is located in the center of Japan and has easy access to major cities such as Tokyo, Osaka, and Nagoya.
In the prefecture, one of Japan's foremost petrochemical complexes is located, which contributes to a concentration of advanced materials manufacturing technology. Mie Prefecture has a high concentration of production and research facilities ranging from materials, parts and components manufacturing to processing and assembly industries. With a high ratio of workers in the manufacturing industry, the prefecture has an environment that easily attracts excellent human resources, making it a region with a great potential to expand business opportunities for foreign companies. In addition, the land is inexpensive compared to other prefectures, which is also a great advantage when starting a business.

Incentives

Location Subsidy for Asian Base of Foreign-affiliated Companies

Subsidies

A subsidy of 20% of the depreciable assets invested (up to 500 million yen) will be provided for businesses that develop production bases. The investment requirement is 500 million yen or more and the employment requirement is 10 people or more.
A subsidy of 50% of the annual rent (up to 5 million yen per year for 3 years) will be granted for establishing an office. The investment requirement is an office area of 15 sqm or more and the employment requirement is one person or more.

Location Subsidy for Growing Industry

Subsidies

A subsidy of 10% of the depreciable assets invested (up to 500 million yen) will be provided to advanced materials industries and growth industries such as aerospace, next-generation automobiles, food, clean energy, and life innovation etc. The investment requirement is 500 million yen or more and the employment requirement is 10 people or more.

Location Subsidy for Mother Factories

Subsidies

A subsidy of 15% of the depreciable assets invested (up to 500 million yen) will be provided for investments leading to the establishment of "mother factories." The investment requirement is 500 million yen or more and the employment requirement is 10 people or more.

Startup Visa

Startup Visa Available

Industrial cluster information

Materials-related industry

Materials-related industries, such as the petroleum and chemical fields, are important industries that support manufacturing, and they are expected to continue to support the growth of all industries in the future.
In order to promote the growth of next-generation industries, we will work to make the materials-related industries smarter, promote R&D of materials, and develop human resources in materials-related industries.
In particular, in the petrochemical complex, which is exposed to fierce global competition, we will improve productivity and develop technical human resources by utilizing AI and IoT, and establish smarter complexes by utilizing big data so that Yokkaichi Complex can continue to maintain and strengthen its competitiveness in the future.

Local companies

JSR, MITSUBISHI CHEMICAL

Educational/research institutes of the industry

Mie Prefecture Industrial Research Institute

Others

Advanced Materials Innovation Center

Electronics-related industry

The competitiveness of companies in the prefecture, such as those in the semiconductor and display industries, will be strengthened in order to capture global demand in Asia and other areas where further growth is expected in the future.
In the electronics field (electronics and devices), we will continue to maintain our presence as No. 1 in Japan not only in terms of production scale but also in terms of the amount of added value, and contribute to the progress of the world's fourth industrial revolution.

Local companies

KIOXIA, SHARP

Automotive-related industry

As the parts, components and materials that compose an automobile are undergoing major changes, such as the growing trend toward the use of electric vehicles (EVs), we will support the efforts of companies in the prefecture to develop technologies, cultivate sales channels, and develop human resources, so that the automotive-related industries, which are the core industries of the prefecture, can respond quickly to changes.
For internal combustion engines that are currently our mainstay, we are also working to further increase the added value of related parts.

Local companies

Honda Motor, Sumitomo Wiring Systems

Living environment

Located in the center of Japan and stretching from north to south, Mie Prefecture is a beautiful and livable region with abundant nature.
There is an international school in Tsu City, the center of the prefecture. From the north part of the prefecture, it is also possible to commute to another international school in Nagoya City, Aichi Prefecture.
There are 49 hospitals in Mie Prefecture which can accommodate patients who do not speak Japanese. (Number of locations where foreign languages are available: English: 46, Portuguese: 5, Spanish: 3, Chinese: 2, Korean: 1, Russian: 1, German: 5, and French: 1)

Logistics and infrastructures

It is easy to access all areas of Japan thanks to its location at the center of the Japanese archipelago.
Because of the proximity to two major economic zones in Japan; the Chubu and Kansai regions, it provides an excellent business environment for both business-to-business and business-to-consumer models.
It also provides easy access to both domestic and overseas destinations through the neighboring Chubu Centrair International Airport. And, the full-opening of the Tokai-Kanjo Expressway (currently partially open) and the future operation of the Linear Chuo Shinkansen will further enhance the accessibility from other parts of Japan.

45 minutes by high-speed boat from Chubu Centrair International Airport to Tsu City
Approximately 2.5 hours by train (Shinkansen, etc.) from Tokyo Station to Tsu Station

Map of Mie

Support

We offer one-stop service to support your business in Mie Prefecture, and provide consultations from the time of business conception. We will support your company's long-term success by providing ongoing support, including guidance on business sites and support for various applications to the authorities. We are also cooperating with JETRO Mie Trade Information Center.
On a wide-area basis, services are provided by the Greater Nagoya Initiative Council (GNIC). GNIC is a support body consisting of prefectures, cities, industries, universities/research institutes in Greater Nagoya. For foreign companies interested in business development and expansion in Greater Nagoya, GNIC provides a one-stop service, supporting them to develop their business smoothly, and supporting the overseas expansion of domestic companies.

Success Stories in Mie

Business Expanding

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