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Regional Information Mie

Mie Prefecture is a perfect place to operate your business!

Your Regional Guide : Kazuma Okada

  • Inquires about investment in Japan.

Industrial Investment Promotion OfficeExternal site: a new window will open.

13 Komei-cho, Tsu-shi, Mie prefecture 514-8570
Tel: +81-59-224-2668Fax: +81-59-224-2221
kigyoyu@pref.mie.jp

Mie

  • 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 1.81 million
Labor force*1 0.9 million
Area*2 5,774.4 square kilometre
GDP*3 7,688,880 million yen
Major industries Transportation equipment and machinery, electronic components, chemicals, general machinery and equipment, electrical machinery and equipment
Wage*4
Initial wage for university graduates(Average)
195,900yen
Initial wage for college of technology/junior colledge graduates (Average)
173,300yen
Initial wage for upper secondery school graduates (Average)
160,800yen
Scheduled cash eanings (Average)
291,100yen
Land price(for 1m²)*5
Land price for industrial use (Average)
19,400yen
Land Price for Commercial Use (Average)
62,200yen
Number of Establishments*6 82,365
Number of Employees*6 795,969
JETRO office

JETRO Mie

Regional Profile

Strength of the region's industries and economy

In Mie Prefecture, one of Japan's foremost petrochemical complexes is located, which contributes to a intense concentration of advanced materials manufacturing technology. In addition, the prefecture boasts well developed automotive, semiconductor, liquid crystal, medical, health and welfare, etc., industries. Thus, Mie Prefecture offers a concentration of production and research facilities from materials and parts manufacturing to assembly. Mie prefecture offers tremendous potential to overseas firms looking for expanding their business opportunities.

Related Link
Industrial cluster, project: Greater Nagoya InitiativeExternal site: a new window will open.

Foreign company(s) operating in the industry

In both business fields of business-to-business and business-to-consumers, the city attracts customers and provides good traffic accessibility. Furthermore, an increasing number of companies have been developing business in the city due to administrative support, e.g., provision of subsidies.

Company name Nihon Cabot Microelectronics KKExternal site: a new window will open.
Country USA
Industry sector manufacturing
Outline of business Manufacturing, sales, research and development of abrading agents for use in semiconductor manufacturing
Date of entry February 1998 (date of conclusion of establishment agreement)
Motivation for selecting region Geographical conditions (Mie prefecture is seated in the central area of Japan. It takes an geographical advantage to cover all areas across Japan. The industrial complex we locate gives us an easy access to express way which connects most of Japan.) ・setting-up cost including land purchase cost is not expensive
Expeditious response from Mie prefecture to our request and a scheme of one stop service provided by the prefecture
Support provided by local government or JETRO Received ‘one-stop' service with regard to all applications for setting up facilities, such as building inspections, environmental, fire control, roads, and water applications
Comments We narrowed down our site candidates for expansion into Asia to Japan because Japan has fully developed infrastructure.
We looked at a variety of locations within Japan and settled in Mie Prefecture, because of its easy access and its proximity to ports that allow us to receive imports from our headquarters in the United States and export goods to China and Taiwan. The prefecture has continued to support us after our establishment, which led to additional establishment of our facilities including factories, research and development unit.

Available incentives

  • Incentive programs exclusively for foreign-affiliated companies seeking business development in growth markets in Asia; Support program for companies' office rent by 50% for 3 years, which was inaugurated in FY2016.
  • Promoting efforts for attracting such companies in new growth fields, e.g., clean energy and life innovation, and those in the advanced materials and other industries
  • Supporting business investment leading to added value creation, e.g., mother plants, and attracting human resources, e.g., researchers and engineers
  • Attracting R&D facilities
  • New campaigns developed for attracting service industries, which may have a high ripple effect in the regional economy
Incentive name Location Subsidy for Asian Base of Foreign-affiliated Companies
  1. Manufacturing facilities
  2. Office Rental
Incentive type Subsidies
Incentive target industries Foreign capital: at least 50%
Outline of Incentives (Requirements etc.)
  1. Manufacturing facilities
    Investment Requirement:at least 500 million yen
    Employment Requirement:at least 10 (5 for companies located in Mie)
    Subsidy rate:20% of the capital investment (up to 500 million yen)
  2. Office Rental (Office provided with a total floor area of more than 15m2 )
    Subsidy rate: 50% of the total annual rent (up to 5 million yen per year for 3 years)
Incentive name Location Subsidy for Growing Industry
Incentive type Subsidies
Incentive target industries Aerospace, food, clean energy, life innovation etc; growth industries or advanced materials industries
Outline of Incentives (Requirements etc.) Investment Requirement: at least 500 million yen
Employment Requirement:at least 10 (5 for companies located in Mie)
Subsidy rate:10% of the capital investment (up to 500 million yen)
*12% for advanced materials industries in terms of investment intangible assets
Incentive name Location Subsidy for Mother Factories
Incentive type Subsidies
Incentive target industries Leading to mother factories in manufacturing industry
Outline of Incentives (Requirements etc.) Investment Requirement: at least 500 million yen
Employment Requirement: at least 10 (5 for companies located in Mie)
Subsidy rate:15%(up to 500 million yen)
Incentive name Location Subsidy for R&D Center
Incentive type Subsidies
Incentive target industries Construction of R&D centers and test certification authorities
Outline of Incentives (Requirements etc.)

Investment Requirement: at least 200 million yen (at least 100 million yen for Ise, Shima, Tamaki, and Watarai; at least 30 million yen for Higashi Kishu, Toba, Odai, Minami Ise, and Taiki).

Subsidy rate : 10% (up to 500 million yen)

Incentive name Subsidy for Service Industry
Incentive type Subsidies
Incentive target industries Theme parks, hotels, museums and other complex facilities
Outline of Incentives (Requirements etc.)

Investment Requirement: employment effect and economic ripple effect are high

Subsidy rate:10% of the capital investment (up to 100 million yen)

Related Link
Industrial location guide: Industrial Investment Guide of MieExternal site: a new window will open.

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