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Regional Information Fukushima

Your Regional Guide

  • Inquires about investment in Japan.

Industry and Labor Department, Business Setup Group of CommercialExternal site: a new window will open.

West Wing of prefecture office building 10F 2-16 Sugitsuma-cho, Fukushima-city, Fukushima Prefecture 960-8670
Tel: +81-24-521-7916 Fax: +81-24-521-7935
investment@pref.fukushima.lg.jp

Fukushima

  • 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 January 2017.

Basic Information

Population *1 1.91 million
Labor force *1 1 million
Area *2 13,783.7 km²
GDP *3 7,174,617 million yen
Major industries Information and telecommunications, electronic parts, electrical machinery, chemicals, beverages
Wage *4
Initial wage for university graduates(Average)
190,900yen
Initial wage for college of technology/junior colledge graduates (Average)
165,900yen
Initial wage for upper secondery school graduates (Average)
154,400yen
Scheduled cash eanings (Average)
263,600yen
Land price(for 1m²) *5
Land price for industrial use (Average)
13,200yen
Land Price for Commercial Use (Average)
44,400yen
Number of Establishments *6 89,518
Number of Employees *6 782,816
Offices overseas

Shanghai, China

JETRO office

JETRO Fukushima

Regional Profile

Strength of the region's industries and economy

Fukushima Prefecture is located 200 km from the Tokyo metropolitan area. By a rapid transportation network, outstanding airport and sea ports, skilled and persistent labor force, Fukushima has been attracting a large number of companies across various industries. Fukushima has a larger ratio of secondary industry in all industries compared to the national average. The value of Fukushima's manufactured goods shipments is ranked highest in the Tohoku region, and it accounts for one-third of the total value of the region.
In cooperation with industry, academia, and the government, Fukushima has been establishing a base for medical devices industries as the “Fukushima model.” The prefecture also endeavors to attract and develop businesses in the renewable energy and robot industry.

Foreign company(s) operating in the industry

There are 14 foreign corporations (those with 25% or more foreign ownership), including Texas Instruments Japan Limited
, M.SETEK Co.,Ltd., Nippon Becton, Dickinson and Company, and Johnson and Johnson K.K.

Available incentives

Subsidy Program for New Business Establishment in the Areas Recovering from Tsunami and Nuclear Disaster towards Employment Creation are available for businesses that can contribute to reconstructing areas and job creation.
Fukushima also offers a numbers of tax-exemption programs based on the Act on Special Measures for Reconstruction and Rehabilitation for Fukushima as well as the Special Zone for Reconstruction program.

Incentive name

Subsidy for Companies Creating Jobs in the Affected Areas of Tsunami and Nuclear Disaster

Incentive type Subsidy
Incentive target industries

Plant, logistics center, experiment and research facility, call center, and other facilities

Outline of Incentives (Requirements etc.)

Subsidy of a certain percentage of the amount of the initial investment in the establishment of a new plant, land acquisition cost, acquisition cost of a new building and equipment, and costs of other appurtenant works.

Incentive name

Fukushima Special Zone for Promoting the Investment in the Reconstruction of Industry

Incentive type Prefential Tax Treatment
Incentive target industries

Transport equipment industry, electronic machiner industry, information communication industry, medical industry, renewable energy industry, food and beverage industry, and local resource utilizing industry.

Outline of Incentives (Requirements etc.)

Special depreciation and tax deduction for the investment in machineries, equipment, and buildings; special tax deduction of enterprise tax and other taxes; tax exemption or unequal taxation of local tax such as business tax, estate acquisition tax, and fixed property tax.

Incentive name

Fukushima Prefecture Subsidy for the Operations Costs for Promoting Companies to Set Up Plants or Office in the Neighboring Areas of Nuclear Power Plants

Incentive type Subsidy
Incentive target industries

Companies located in the neighboring area of the facilities such as nuclear power plants

Outline of Incentives (Requirements etc.)

Fukushima Prefecture subsidizes part of the electricity bills that were paid for eight years at maximum

Related Link
Industrial location guide: Industrial Location Guide to Fukushima External site: a new window will open.
Incentive: Preferential treatment system

Services for investment in Japan

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