Ministry of Economy, Trade and Industry
Font Size Change
S
M
L
METI INFORMATION POLICY
METI HOME > Information Policy HOME > Strategic IT Investment Promotion
  Strategic IT Investment Promotion
With strategic and effective utilization of IT, every company has the potential to increase its sales dramatically, or explore new businesses. Many Japanese companies, however, are not active in IT investment, compared to companies in the rest of the world. This becomes more serious in small and medium-sized enterprises, which have little knowledge of IT or IT investment. METI encourages private companies to invest in IT strategically through several policies including sending experts to private companies and creating tax incentives.
Contact / Information Services Industry Division +83-3-3501-2646
Activities by METI
IT Solution Square Project (ITSSP)
IT Investment Promotion Tax Incentive
IT Investment-effect Analysis and Investment Model
Enhancement of CIO Function
IT Solution Square Project (ITSSP)
In order to strengthen the competitiveness of private companies through promotion of strategic IT investment, METI, in cooperation with the Information-technology Promotion Agency (IPA), has been promoting the IT Solution Square Project (ITSSP) since 1999. The purpose of the project is to support strategic IT investment decision-making by CSO (Chief Strategic Officers), who are in charge of strategic IT investment in a company.
IT Investment Promotion Tax Incentive
Under the IT Investment Promotion Tax incentive, all companies (those that file blue tax returns) are allowed to receive either a tax deduction of 10% of amounts invested in IT for the company's own use, or an accredited depreciation of 50% for assets acquired as IT investment.
IT Investment-effect Analysis and Investment Model
Under the IT Investment Promotion Tax incentive, all companies (those that file blue tax returns) are allowed to receive either a tax deduction of 10% of amounts invested in IT for the company's own use, or an accredited depreciation of 50% for assets acquired as IT investment.
  (1) IT investment-effect analysis for private companies
METI conducts a data analysis to ascertain the relationship between IT investment and productivity of each model company, linking data from the Survey on ICT Workplaces and the Basic Survey of Japanese Business Structure and Activities.
  (2) IT investment and IT investment evaluation models
In order to promote strategic IT investment by private companies, METI presents models for reorganization through IT investment and for IT investment evaluation, by gathering and analyzing some cases of private companies which succeeded in strengthening their business competitiveness with strategic IT investment.
 LINK >> Survey on ICT Workplaces 2001 (Preliminary Report)
Enhancement of CIO Function
IT investment cannot be done without balancing the 3 factors, which are business strategy, organizational reform, and management reform. However, most Japanese businesses are still at the level of “partial optimization” and not being able to integrate the 3 necessary factors. In order to move from “partial optimization” stage to the stage of “overall optimization,” where totalized management strategy and IT investment takes place, the function of CIO (Chief Information Officer) is necessary. CIO is expected to integrate management strategy with IT investment. METI is working on enhancing the function of CIO to reinforce the business competitiveness through IT investment.
  Best Practice Roundtable on CIO Function and Implementation
METI has held “Best Practice Roundtable on CIO Function and Implementation” from November 2004 to June 2005, and the results of the roundtable have been summarized as a form of a report.
In the report of the roundtable, quality and quantity of the current Japanese IT investment is investigated. And in the report, prior examples of CIO functions are introduced, and from those examples, 7 CIO functions required for IT investments to transform from “partial optimization ”to“overall optimization ” and 20 action principles to be undertaken by CIO are proposed.
pdf  Overview of the Report (PDF file:331KB)
Contents site map
Information Policy Home
Information Policy Budget
Current Condition of Information Industry
About us
Register for e-mail Service
Links
Information Policy Home
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Copyright c 2006 Ministry of Economy, Trade and Industry. All Rights Reserved.

Ministry of Economy, Trade and Industry
1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
Copyright Ministry of Economy, Trade and Industry. All Rights Reserved.