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Report of the Regional Economic Analyses by Prefecture and Economic Area-For analyzing regional economies to ascertain the details of the industrial characteristics by region-

The Ministry of Economy, Trade and Industry (METI) has compiled the report of the regional economic analyses targeting 47 prefectures and 233 economic areas across Japan. The report aims to provide local governments with data necessary for formulating a regional comprehensive strategy for overcoming population decline and vitalizing local economy (hereinafter referred to as the “regional comprehensive strategy”), in addition to utilizing the Regional Economies Analysis System, the operation of which will start in April 2015, managed by the Headquarters for Overcoming Population Decline and Vitalizing Local Economy in Japan. The report shows the results of the recalculation of approximately 11 million pieces of data and other elements on businesses, which were accumulated through METI’s Census of Manufactures program, describing visualized quantitative data on industrial structures and characteristics by prefecture and economic area. Moreover, such data were examined by a Study Group for the Creation of Japan’s Earning Power, chaired by Dr. Motoshige Ito, Professor, Graduate School of Economics, Faculty of Economics, the University of Tokyo.

1. Background

Against the backdrop of changes in competition environments due to the declining birth rate, aging population, steep advancement of population decline, and economic globalization, Japan faces severe environments surrounding the economic situation, particularly in regional areas.

The Headquarters for Overcoming Population Decline and Vitalizing Local Economy in Japan, a council led by the government, recognized the issues of regional revitalization and population decline as structural challenges and has requested local governments to formulate a regional comprehensive strategy focusing on their regions. To address such request, many local governments have been strongly requesting the government to provide objective regional economic data necessary for formulating a regional comprehensive strategy.

2. Outline of the analyses

Understanding regional economic structures and conducting effective measures underscoring key points are essential approaches to revitalizing regional economies. Targeting prefectures and economic areas (defined as areas in which people move for commuting across adjacent municipalities), the report show the results of the recalculation of as many as approximately 11 million pieces of data and other elements on businesses, which were accumulated through METI’s Census of Manufactures program, data with which users are able to compare in time-series by group level under the Japan Standard Industrial Classification. Using the report, for example, users are able to access data on a flow of funds to ascertain a regional economic system so as to find a core industry in the region. As they are also able to analyze individual industries by group level of the industrial classification, such users can learn about the details of the current situation in certain industries and their challenges. In addition, the report will help users ascertain the current situation and challenges their regions are facing by utilizing objective data available in the local governments, if they use such data along with data retrieved through the Regional Economies Analysis System, the operation of which will start in April 2015. Through the approaches, it is expected that local governments will be able to extract regional challenges reflecting the characteristics in the regions and to formulate a regional comprehensive strategy.

For the results of the Regional Economy Analyses by Prefecture and Economic Area, visit the following website:
http://www.meti.go.jp/policy/local_economy/bunnseki/index.html (in Japanese)

Release date

March 23, 2015

Division in charge

Industrial Structure Policy Division, Economic and Industrial Policy Bureau

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