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Regional Information Tsushima city

Koriyama, a city with a cluster of renewable energy and medical equipment-related industries

Your Regional Guide

  • Inquires about investment in Japan.

Construction Industry Department, Industry Promotion Division

2-21 Tatekomi-cho Tsushima city, Aichi Prefecture 496-8686
Tel: +81-567-24-1111Fax: +81-567-24-9010
sangyou@city.tsushima.lg.jp

Tsushima 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 0.06 million
Labor force*1 0.03 million
Area*2 25.1 km²
GDP*3 *
Major industries Following manufacturing industries: Production machinery and equipment, transport machine equipment, textile, and metal products
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 2,941
Number of Employees*6 25,213
JETRO office

JETRO Nagoya

Regional Profile

Strength of the region's industries and economy

Tsushima City has developed its economy thanks to an ancient shrine and the harbor as a hub of transportation and economy, while being a historic, culture-rich city, whose traditions have been passed down for generations, as seen in the Owari Tsushima Ten-no Festival, listed as UNESCO Intangible Heritage. Located in the area about 16 km west from the central area of Nagoya City, the city boasts geographical accessibility to Nagoya by railways and arterial roads.

OwariTsushimaTennouMatsuri

Available incentives

Incentive name

Subsidy Program for Promoting Establishment of Companies

Incentive target industries

- Companies engaging in advanced technology business under the following provisions:
Article 34(14) of the City Planning Act; Article 11(1) of the Standards of Development Investigation Committee in Aichi Prefecture
- Companies engaging in the designated cluster industries under the following provisions, excluding distribution-related industries:
Article 2(3) of the Municipal Ordinance for the Approval Criteria for Development Activities under the City Planning Act of Tsushima City

Outline of Incentives (Requirements etc.)

50% of the equivalent value to the fixed assets tax, excluding land, paid per fiscal year for 3 years from the fiscal year that companies paid such fixed assets tax to the city for the first time (no amount limit is set)
Note: As for companies that have relocated the headquarters from other areas to the city or newly established their headquarters in the city, 100% of such tax for the first fiscal year; 50% for the following fiscal years

Incentive name

Subsidy Program for Infrastructure Improvement

Incentive target industries

Companies engaging in the advanced technology business or the designated cluster industries

Outline of Incentives (Requirements etc.)

Where companies intend to build a facility in the area designated by the city under the provisions of Article 34(12) of the City Planning Act (Shirahama, Uji, and Kabuto areas), the city will subsidize either one of the lower cost of: 50% of expenditure on the new construction of roads, water channels and waterworks systems for which the city will have authority over management; or the upper limit stipulated by the ground-floor area to be developed (as for the expansion of the existing facility, the limit of the subsidy amount is reduced by half).

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