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Regional Information Kanagawa

"Select Kanagawa 100": All out support for your site location

Your Regional Guide

  • Inquires about investment in Japan.

Investment Promotion and International Business Division, Industry Dept, Industry and Labor BureauExternal site: a new window will open.

1 Nihon-Odori, Naka-ku, Yokohama
Kanagawa, 231-8588 JAPAN
Tel: 045-210-5565 Fax: 045-210-8875
intlbiz_k@pref.kanagawa.jp

Kanagawa

  • 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 9.12 million
Labor force *1 4.2 million
Area *2 2,415.8 km²
GDP *3 30,218,541 million yen
Major industries Transport equipment, general equipment, chemicals, food products, petroleum products
Wage *4
Initial wage for university graduates(Average)
207,200yen
Initial wage for college of technology/junior colledge graduates (Average)
186,000yen
Initial wage for upper secondery school graduates (Average)
177,900yen
Scheduled cash eanings (Average)
335,100yen
Land price(for 1m²) *5
Land price for industrial use (Average)
99,500yen
Land Price for Commercial Use (Average)
493,900yen
Number of Establishments *6 313,856
Number of Employees *6 3,370,740
Offices overseas

Singapore (Joint office with JETRO) / State of Maryland, US (Joint office with JETRO (Kanagawa Prefecture Department of JETRO NY)) / Dalian, China

JETRO office

JETRO Yokohama

Regional Profile

Strength of the region's industries and economy

Many outstanding Japanese and foreign companies with advanced technologies are concentrated here. The area functions as a base for the research, development and manufacturing sector, and it is forming a massive accumulation of knowledge and technology based industries. Next to the vast market of the Tokyo area, Kanagawa is ideally situated with well-developed transportation, including an excellent rail and highway network providing direct access to all of Japan's major cities and the ports of Yokohama and Kawasaki for rapid, large-scale international transport. The transportation infrastructure serves as a strong driving force for speedy and robust business activities. Kanagawa is a friendly and comfortable area for expatriates and their families to live.

Keihin Rinkai

Foreign company(s) operating in the industry

Over 400 foreign-affiliated companies operate business in Kanagawa Prefecture (of which 268 have headquarter functions), which is the second highest number of all Japanese prefectures after Tokyo (source: Gaishikei Kigyo Soran 2016: (Foreign-affiliated companies in Japan, a comprehensive directory) based on a 2015 survey by Toyo Keizai Inc.).
Many companies are eying Kanagawa as the best candidate site for establishing a location of business. Support centers from Germany, the UK, the U.S. and other countries have opened in Kanagawa to assist their own domestic companies wishing to expand into the Japanese market. These support centers are functioning as a foothold for those companies entering into the Japanese market.

Company name Dalian Super ElectronicsExternal site: a new window will open.
Industry sector

IT software development

Date of entry January 2007
Motivation for selecting region

- Situated in the capital’s greater metropolitan area and close to Tokyo.
- Has convenient transportation and advanced infrastructure.
- Well-developed support programs offered by the prefectural government, JETRO, Yokohama City, etc.

Support provided by local government or JETRO

- Access to Invest Japan Business Support Center Kanagawa (IBSC Kanagawa)
- Referral to taxation specialists and law experts
- Support to find office properties

Company name Averna Technologies Inc, Japan BranchExternal site: a new window will open.
Industry sector

Communication and electronic equipments test engineering

Date of entry April 2010
Motivation for selecting region

- Yokohama’s convenient transportation network and easy access to Shinkansen stations and Haneda Airport

Support provided by local government or JETRO

- The best location to visit clients based in various locations such as Fukushima and Oita

Available incentives

Outline of the Select Kanagawa 100 program

The Select Kanagawa 100 program is a measure taken by Kanagawa Prefecture to attract and encourage companies to locate their offices in Kanagawa. The friendly title “Select Kanagawa 100” represents the prefecture’s wish that “many companies would choose Kanagawa for their location and develop business activities in the prefecture.”
Kanagawa Prefecture will support companies in locating in the prefecture through a variety of support programs, including subsidies, tax breaks and low-interest loans, which are provided up to 1 billion yen.

Incentive name

Start-Ups Support Program for Overseas Companies

Incentive type Subsidies
Incentive target industries

Industries related to: presymptomatic diseases, robots, energies, tourism, cutting-edge raw materials, cutting-edge medical care, IT/electronics, and machinery and appliances for transportation

Outline of Incentives (Requirements etc.)

Under this program, the prefecture will provide subsidies for eligible overseas companies that plan to establish their bases in the prefecture of one half of the following expenditures (up to 2 million yen):

Incentive name

Rent Subsidy Program for Attracting and Promoting Companies’ Location

Incentive type Subsidies
Incentive target industries

Industries related to: presymptomatic diseases, robots, energies, tourism, cutting-edge raw materials, cutting-edge medical care, IT/electronics, and machinery and appliances for transportation

Outline of Incentives (Requirements etc.)

- One third of the monthly rent for 6 months up to 6 million yen
(As for companies utilizing the special zone program, one half of the monthly rent up to 9 million yen)
- Applicant must hire more than 5 permanent employees at a newly established facility, with at least 3 of these being either Japanese-nationals or permanent residents.

Incentive name

Subsidy Program for Attracting and Promoting Companies’ Location

Incentive type Subsidies
Incentive target industries

Industries related to: presymptomatic diseases, robots, energies, tourism, cutting-edge raw materials, cutting-edge medical care, IT/electronics, and machinery and appliances for transportation

Outline of Incentives (Requirements etc.)

- Result from the multiplication of the total investment in land, buildings or facilities (excluding consumption taxes) and the predetermined ratios, within the upper threshold
- 5% of the total investment, up to 500 million yen
(As for companies utilizing the special zone program, 10% of the total investment, up to 1 billion yen)
Note: Companies are required to meet certain conditions, e.g., investment value and number of permanent employees.

Incentive name

Tax Breaks

Incentive type Preferential Tax Treatment
Incentive target industries

Industries related to: presymptomatic diseases, robots, energies, tourism, cutting-edge raw materials, cutting-edge medical care, IT/electronics, and machinery and appliances for transportation

Outline of Incentives (Requirements etc.)

- Relocation from other prefectures, re-investment in the prefecture
- Tax reduction by one half of the real estate acquisition tax
Note: Companies are required to meet certain conditions, e.g., investment value and the number of permanent employees.

Incentive name

Loan Program for Attracting and Promoting Companies’ Location

Incentive type Loan program
Incentive target industries

Industries related to: presymptomatic diseases, robots, energies, tourism, cutting-edge raw materials, cutting-edge medical care, IT/electronics, and machinery and appliances for transportation

Outline of Incentives (Requirements etc.)

- Lower-interest loans from financial institutes due to the provision of subsidies from the prefectural government to such financial institutes
- Up to 1 billion yen
(within 80% of the total business expenditure; within 15 years of a finance period, including 2-year or less grace period)
Note: Companies are required to meet certain conditions, e.g., investment value and number of permanent employees.

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
Other Other services

JETRO IBSC Kanagawa (Business Support Center Kanagawa)
Office rent for overseas companies

Support service

Database of candidate partners

  • Kanagawa Excellent CompaniesExternal site: a new window will open.

    Kanagawa Prefecture, Kanagawa Industrial Promotion Center and JETRO Yokohama have selected "Kanagawa Excellent Companies", small-and medium-sized corporations with internationally competitive technologies, seeking business expansion and technological exchange with companies outside Japan.

  • Bon Appetit KANAGAWAExternal site: a new window will open.

    The aim of this booklet is to provide information throughout Japan and overseas about the excellent products of Kanagawa Prefecture's food companies and to revitalize Kanagawa Prefecture's industry, both globally and locally.

  • KANAGAWA Bio Technology LeadersExternal site: a new window will open.

    Many technologically advanced bio enterprises and medical-care-related businesses are clustered in Kanagawa Prefecture.This brochure is published in the hope of making these companies' excellent products extensively known and thereby helping to create new business opportunities and eventually contribute to the further vitalization of Kanagawa's industry and economy.

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