Ministry of Economy, Trade and Industry
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【METI Mobile】International businesses flock to Japan

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Overseas enterprises have been investing in Japan in record numbers. In recent years, investments increased 31% from 726.5 billion yen in 2013 to 954.8 billion yen in 2014, after a tenfold surge over the previous year. In a survey of more than 200 companies in 2013, Japan was also considered one of the premier location for research and development in Asia.

Opportunity knocks
Countries around the world are working to attract cutting-edge enterprises to unlock advantages such as job creation and a rise in domestic companies’ productivity through new technologies. Japan continues to search for such opportunities.
Feeling the benefit
Photo: Head office of Umicore Shokubai Japan Co., Ltd.
When a European technology firm, Umicore, jointly established a research and development base with Nippon Shokubai Co., Ltd., it brought local and national benefits. Japanese automobile manufacturers got access to leading-edge emissions reduction catalysts from Umicore, and Japanese partner Nippon Shokubai gained the chance to develop overseas markets with Umicore. The establishment of the joint venture’s headquarters in Tokoname City, Aichi Prefecture, is also helping to revitalize the local economy.
Countering challenges
Many businesses owners are concerned with the perceived challenges presented by Japan, such as the language barrier and the cost of real estate and consumer goods. To address these concerns, the Ministry of Economy, Trade and Industry (METI) interviewed overseas CEOs who have invested in Japan. Some of their remarks citied the seriousness of employee and their drive to learn, and the safe and comfortable living environment of Japan.
The Japan External Trade Organization (JETRO) acts as a consultant, and works to attract overseas companies in cooperation with municipalities.
The government will continue to make every effort to attract overseas companies to play a role in the Japanese economy and spur regional growth.
 
Last updated: 2016-02-15
Ministry of Economy, Trade and Industry
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