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Regional Information Nagano

Nagano Prefecture, supporting monodzukuri (manufacturing) with precision technology

Your Regional Guide : Yusuke Hosoi

Picture of Nagano Pref. Concierge
  • Inquires about investment in Japan.

Investment Promotion and Business Support Division, Industry and Labor DepartmentExternal site: a new window will open.

692-2 Minaminagano Habashita, Nagano-city, Nagano Prefecture 380-8570
Tel: +81-26-235-7193 Fax: +81-26-235-7496
ritti@pref.nagano.lg.jp

Nagano

  • 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 2.09 million
Labor force *1 1.1 million
Area *2 13,561.6 km²
GDP *3 7,752,205 million yen
Major industries Electrical and electronics, information, machinery, food products, tourism
Wage *4
Initial wage for university graduates(Average)
190,000yen
Initial wage for college of technology/junior colledge graduates (Average)
168,100yen
Initial wage for upper secondery school graduates (Average)
159,900yen
Scheduled cash eanings (Average)
276,200yen
Land price(for 1m²) *5
Land price for industrial use (Average)
22,000yen
Land Price for Commercial Use (Average)
55,000yen
Number of Establishments *6 112,369
Number of Employees *6 923,685
Offices overseas

Shanghai, China / Singapore

JETRO office

JETRO Nagano

Regional Profile

Strength of the region's industries and economy

Gross products of Nagano Prefecture are approximately 8.8 trillion yen, and the total shipment value of manufactured products is about 5.1 trillion yen. Since its days as the “silk kingdom” of Japan in the past up to the present, Nagano has always flexibly adapted to the changing times thanks to its bold entrepreneurship and manufacturing DNA that has been handed down from generation to generation.
Currently, Nagano has the most specialized concentration of manufacturing and assembly industries, including electrical machinery, information and communications related equipment, electronic components and devices, and transportation equipment. A number of companies involved in a diverse range of fundamental manufacturing technologies, such as cutting, pressing, plating, and metal molds, have established facilities in the prefecture.

Related Link
Industrial cluster, project: ectual cluster creation program (phase II)External site: a new window will open.

Available incentives

Nagano Prefecture has been actively working to attract companies from outside the prefecture and from overseas. Companies in the manufacturing industry and others that are going to establish or expand plants or other facilities within the prefecture will be exempted from real property acquisition tax and will be eligible to receive subsidies.

Incentive name

Subsidy for Shinshu Manufacturing Industry Investment Support

Incentive type Subsidies
Incentive target industries

Manufacturing, information services, and natural science R&D centers

Outline of Incentives (Requirements etc.)

Nagano Prefecture is actively working to attract companies from outside the prefecture and from overseas.
- Between 5-20% of the value of production facilities newly acquired
- Maximum limit: 1 billion yen
- Companies are required to meet certain conditions, e.g., investment value and the number of new employees.

Incentive name

Exemption from real property acquisition tax based on the Business Location Promotion Act

Incentive type Preferential Tax Treatment
Incentive target industries

Manufacturing, information and communications, information and communications technology, transport, wholesale, and natural science R&D centers out of the designated clustering business category under the basic plan of the Business Location Promotion Act

Outline of Incentives (Requirements etc.)

Exemption from real property acquisition tax on buildings and land acquired for business purposes
Requirements: Pre-approval of business location plan/investment exceeding 50 million yen for agriculture-, forestry-, and fishery-related businesses and 200 million yen for other businesses

Incentive name

Exemption from real property acquisition tax based on the Business Location Promotion Act

Incentive type Preferential Tax Treatment
Incentive target industries

18 business sectors including manufacturing, information services, natural science R&D centers, truck cargo transport, etc.
Requirements: Acquisition of production facilities of 100 million yen or more/ an increase in the number of new employees, 5 or more for small and medium-sized companies and 10 or more for large companies

Outline of Incentives (Requirements etc.)

Exemption from real property acquisition tax on buildings and land acquired for business purpose

Incentive name

Loan Scheme for Nagano Small and Medium-sized Enterprises (grants for promoting the revitalization of regional economies (for business locations))

Incentive type Loan Scheme
Incentive target industries

Manufacturing and natural science R&D centers, etc.

Outline of Incentives (Requirements etc.)

Target business: Equipment funding for small and medium-sized companies that intend to establish or relocate plants in industrial parks
- Conditions: Land or building investment of 100 million yen or more
- Finance amount: Funds needed for equipment
- Maximum amount:
General cases: 300 million yen
Special designation by the governor: 500 million yen
- Financing conditions: Annual interest of 1.4%, finance period of 15 years or less

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