Meetings in Japan

JETRO Publishes New Invest Japan Report, Says Foreign Tech Contributes to Innovation

Japan sees significant increases in inward foreign direct investment, or FDI, according to the “Invest Japan Report 2017” just published by the Japan External Trade Organization (JETRO). In a new trend, the report finds foreign technology contributing to innovation in Japanese society. Significant increase in Japan’s inward FDI Japan’s inward FDI stock at the end of 2016 was 27.8 trillion […]

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Tokyo Buildings

Japanese Statistics Bureau Publishes Statistical Yearbook 2018

The Statistics Bureau of the Japanese Ministry of Internal Affairs and Communications (MIC) has published the Japan Statistical Yearbook 2018. The annual publication is a systematic summary of statistical information published by government and private organisations. The yearbook covers 30 wide-ranging fields such as land, population, economy, society and culture in 539 tables. Read the Japan Statistical Yearbook 2018 here.

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Mount Fuji Shizuoka Industry Zone

Japanese Manufacturers Set up Close to 500 New Sites in First Half – METI

Manufacturing companies in Japan invested in 499 new factory locations between January and June 2017, according to a report by the Ministry of Economy, Trade and Industry (METI). Up 9.4 percent compared to the previous year, this marked the return to a level comparable to that of 2014. The total area covered by new factory locations stood at 569 hectars, […]

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Indian Passport

Japan Relaxes Visa Requirements for Indian Nationals

Japan will relax requirements for multiple-entry visa for short-term stay for Indian nationals from Jan. 1, 2018. The government will simplify visa application documents and expand the scope of eligible applicants. (1) Simplification of visa application documents The “Applicant’s Employment Certificate” and “Explanation Letter stating the reason of applying for multiple-entry-visa” will be exempted in applying for multiple-entry-visa. In principle, […]

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TPP Comes Roaring Back

TPP Comes Roaring Back as 11 Countries Reach Agreement

Trans-Pacific Partnership (TPP) negotiations have made substantial progress when negotiators on Nov. 10 reached agreement for a way forward at the TPP Ministerial Meeting held in Vietnam. This marks an important milestone for building the broader free trade area in the Asia-Pacific region, which experienced a stumble block when U.S. President Trump pulled out of negotiations back im January. Yet […]

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Tokyo Buildings

JETRO Releases Global Trade and Investment Report 2017

Japan’s trade balance last year marked its first surplus in six years, according to the recently released Global Trade and Investment Report 2017 by the Japan External Trade Organization (JETRO). At the same time, the country’s outward FDI stood at record highs, while inward FDI from Asia to Japan continued to grow. Global trade declines 3.1%, downturn for two straight […]

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Otemachi Tokyo

Japanese Government Earmarks 46B Yen in Subsidies for SMEs

The Japanese Cabinet is setting aside 46 billion yen ($416 million) in planned subsidies for SMEs, small enterprises or other entities in fiscal 2017, according to the Ministry of Economy, Trade and Industry (METI). The subsidies are part of the government’s Small Business Innovation Research (SBIR) program and geared toward business activities based on R&D results. Subsidies for SMEs The […]

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Monozukuri - Japanese Craftsman

Japan Ramps up Business Succession Support Amid Aging Owners

Small and Medium Enterprises form the backbone of Japan’s economy. They employ the majority of people and account for a large share of the country’s economic power. Yet as the aging population of business owners increases, hundreds of thousands of SMEs in Japan are about to face the time when they must hand over their businesses to the next generation. […]

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Tokyo International Forum

Japanese Overseas Subsidiaries Increase Sales for 4th Quarter in a Row

Total sales of Japanese overseas subsidiaries have increased 7.9 percent from January to March 2017, according to a recent survey published by the Ministry of Economy, Trade and Industry (METI). This marks the fourth consecutive quarter of increasing sales. Sales by Region Sales in Asia grew 8.8 percent during the quarter, also showing growth for the fourth quarter in a […]

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3D MapAutonomous Driving 3D Map

Japan Automotive Daily to Host Auto Technology Executive Briefing in Tokyo

The Nikkan Jidosha Shimbun (Japan Automotive Daily) together with IHS Markit will host an automotive technology executive briefing to discuss the role of digital transformation that is shaping the auto industry today. The conference will take place on July 27 in Tokyo and is open to the public for registration. Converged Digital Landscape of Autonomous Mobility Digitalization has the potential […]

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Japanese Manager

Japan Patent Office Opens Public Services Center in Osaka

The Japan Patent Office (JPO) will open the INPIT-KANSAI center of intellectual property public services on July 31. The new office is located in Osaka’s Grand Front Osaka Building and aims to support the business growth of firms in the Kansai region, including SMEs and startups. It is part of the Japanese government’s push to foster local economies. The new […]

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