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Regional Information Toyohashi city

A Dynamic Base for Logistics and New Industries

Your Regional Guide

  • Inquires about investment in Japan.

Industrial Policy Division, Toyohashi CityExternal site: a new window will open.

1 Imahashi-cho, Toyohashi City, Aichi Prefecture 440-8501, Japan
Tel: +81-532-51-2440 Fax: +81-532-55-9090
sangyoseisaku@city.toyohashi.lg.jp

Toyohashi city

  • 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 0.37 million
Labor force *1 0.2 million
Area *2 261.9 km²
GDP *3 *
Major industries Foodstuff manufacturing, transport Equipment manufacturing, production machinery and tools manufacturing, metal products manufacturing, plastics
Wage *4
Initial wage for university graduates(Average)
*
Initial wage for college of technology/junior colledge graduates (Average)
*
Initial wage for upper secondery school graduates (Average)
*
Scheduled cash eanings (Average)
*
Land price(for 1m²) *5
Land price for industrial use (Average)
*
Land Price for Commercial Use (Average)
*
Number of Establishments *6 16,742
Number of Employees *6 161,813
JETRO office

JETRO Nagoya

Regional Profile

Strength of the region's industries and economy

Toyohashi is an important area. The city is located in the central part of Japan, which connects Tokyo, Nagoya, and Osaka. Based on its rich water resources and high development of agriculture, commerce, and industries, Toyohashi City is trying to become a city active in manufacturing.
In addition to the fact that various companies are accumulated here, there are also universities and industrial support organizations engaged in the advanced technology development, which realizes the business development that takes advantage of the “strong point” and “relation” of the community, that is, the creation of industrial technology and the relation between the different industries.

Foreign company(s) operating in the industry

<Major companies that have headquarters in Toyohashi City>
In toyohashi
The Volkswagen group Japan

<Major companies that have plants, research facilities, and bases in Toyohashi City>
Volvo car Japan
Dana Japan, LTD.
POSCO-JEPC co., Ltd
Fiat Chrysler Japan
Nippon Pop Rivets and Fasteners Co., Ltd.
Nippon Juice Terminal
Lanxess in Japan

Available incentives

Toyohashi City offers a top-level preferential system in Japan for companies that have been newly located in the city. The city also has a preferential system for investment in the city by companies that have established an office and for equipment investment in the field of leading-edge technology.

Incentive name

Financial Incentive for Newly Located Companies

Incentive type Subsidy
Incentive target industries

manufacturing and distribution industries

Outline of Incentives (Requirements etc.)

Toyohashi City offers subsidy of:
- the equivalent of the amount of the fixed property tax and the city planning tax on land, residential buildings, and depreciable property, such as the industrial facilities in which the operations are conducted, plants, and warehouses, for three or five years.
- 10% or 20 % of the amount invested in fixed property such as residential buildings and depreciable property.
* There are applicable requirements.

Incentive name

Financial Incentives for Business Operations

Incentive type subsidies
Incentive target industries

Manufacturing / distribution

Outline of Incentives (Requirements etc.)

Toyohashi City offers subsidies of the equivalent to the amount of enterprise tax for three or five fiscal years.
*Requirements are set for this scheme.

Incentive name

Financial Incentives for the Promotion of Employment

Incentive type Subsidy
Incentive target industries

Manufacturing / distribution

Outline of Incentives (Requirements etc.)

Subsidy amount: 400,000 yen per new permanent employee for eligible companies that have employed such employees in starting a new operation
*Requirements are set for this scheme.

Incentive name

Financial incentives for the promotion of environmental improvement

Incentive type subsidies
Incentive target industries

Manufacturing / distribution

Outline of Incentives (Requirements etc.)

Subsidy amount: targeting eligible companies, 1/3 of the equivalent amount to expenditure on installation of environmental-friendly facilities, e.g., photovoltaic power generation facilities, rainwater recycling facilities and green spaces, in starting a new operation
*Requirements are set for this scheme.

Services for investment in Japan

Support for establishing a base Provision of facilities including a incubation office

Science Create Co., Ltd. provides the following support measures for foreign-affiliated companies that are considering establishing an office in Toyohashi City.
- Consultation on technologies
- Research incentives
- Technical exchange with institutions or universities
- Inter-company exchange
- Other various consultation services

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