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Nagoya Industry— Introduction to Companies Established in Nagoya —

Print2010-01-14

Greater Nagoya – The most dynamic region of Japan

Nagoya Station area

 Attractions of Greater Nagoya
Nagoya City, with a population over 2.2 million, is located almost at the center of Japan. It has grown into one of three major metropolitan regions (Tokyo, Osaka, and Nagoya) as a base for business and commerce.

Greater Nagoya, centralized in Nagoya City, is the hub of Japanese manufacturing industries, producing over 40% of major manufacturing categories such as automobiles, automobile parts, machine tools and aircraft parts, and exerts its role as a strong leader in the Japanese economy.
The recent Nagoya economy remains strong. This enables the city to attract many domestic and international investors as the most dynamic region of Japan. In front of Nagoya Station, the gateway to Nagoya, many high-rise buildings have recently been built, increasing the city’s vigorousness.

Nagoya continues to develop as a gateway open to Asia and the world, with a focus on international business with many visitors. We sincerely hope you will choose to locate your business in Nagoya.

Profile of City of Nagoya

Population

2.25million (2009)

Labor force

1.19 million (2008)

Area

326.45 square kilometers (2008)

GDP

12,167 billion JPY (2004)

Major industries

Automobiles, fine ceramics, aircrafts/rockets and machine tools Developing industries Environment, medical care/welfare/health, information, advanced science technologies including new manufacturing technologies

Households

1,001,935 (2009)

Nominal gross municipal product

12.0167 trillion JPY (2004)

Income per capita

3.24 million JPY (2004)

Businesses

128,649 (2004)

Universities

21 (2007)

Municipal libraries

20 (2006)

Municipal parks

Total area 1.511 ha (2005)

Municipal park area/person

6.83 square meters (2005)

Economic Scale of Greater Nagoya

graph of GDP Global rankings

The GDP of Greater Nagoya accounts for about 1% of the world's economy.
Compared with the GDP of other nations around the world, the GDP of Greater Nagoya ranks number 17!


Greater Nagoya also accounts for 10.7% of GDP in Japan, and 70% of that figure comes from Aichi-Nagoya area.

  • Those two data source is Greater Nagoya Initiative Center.
graph of ratio of GDP of Greater Nagoya in Japan
graph of GDP per capita

Greatly exceeds the average in Japan, and almost equivalent to the United States.

Outstanding Market & Economy

graph of manufacturing Industry growth

Next let's compare the productivity of Greater Nagoya with other regions in Japan.

This graph shows that manufacturing Industry growth of Greater Nagoya is the largest of 3 metropolitan areas in Japan.

Data from the chart below shows the real economic growth rate. It is easy to see that the growth rate for this area really stands out compared with the rest of Japan.

graph of real economic growth rate in Japan

Largest manufacturing base in Japan

Shipment value per person is growing more significantly in Greater Nagoya, the largest manufacturing base in Japan, than in the Greater Kanto or Kinki regions.

Many leading manufacturing companies in Japan are based in the region, e.g., automobile, aircraft, and machine tool industries... an optimal location for facilitating business.

Additionally, this area has a heavy concentration of the industries that support Japan's economy, such as automotive, aerospace, ceramics, and machinery. With over a 50% share in each industry, it's easy to see how this region is the heartland of Japan's manufacturing output.

Industrial map of Greater Nagoya
Industrial map of Greater Nagoya
Share by industry of manufacturing companies in GN

Business Environment in Nagoya

 Nagoya, connected to the world by Central Japan International Airport, lies at the heart of Japan’s transportation network, with convenient access to various areas of Japan. Nagoya is the optimal place for basing business or logistics.

Easy access to domestic and international locations by air

Central Japan International Airport is the only major airport in Japan that integrates domestic and international flights, making it very convenient for transit.

An airport with less time loss

Opened in 2005, Central Japan International Airport (Centrair) services domestic and international routes at the same location, making it very convenient since transit can be done all in the same building.

Easy access to downtown Nagoya

Central Japan International Airport (Centrair) is located close to downtown Nagoya.

Most convenient railway station

Nagoya Station is the largest terminal in Greater Nagoya. Four train lines as well as subways and buses connect Nagoya and the rest of Japan.

It takes only 28 minutes by train to Nagoya Station. From there, you can go to major cities like Tokyo or Osaka by Shinkansen.
All shinkansen trains stop at Nagoya, and the city lies midway between Tokyo and Osaka. Therefore, quick transit in either direction is possible.

Average Access Time between Major Cities by Shinkansen

Excellent cost-effective business environment

Nagoya has created an environment that enables business activities not only in Japan, but also throughout the Asian market. High cost performance is one of the benefits compared to other major cities in Japan.

Average rent in Business areas and starting salaries of new university graduates are lower than in other regions.

Average Rent in Various Business Areas
Starting Salary of New University Graduates

Nagoya - A great place for foreigners to live

 Housing is more spacious than in Tokyo, information signs for foreigners are in use, and a children's international school in English is located downtown.

Additionally, Nagoya International Center (NIC) provides information and consulting services on everyday life. NIC also provides free of charge information and advice for foreign residents on anything related to government matters.
Volunteers at NIC Nihongo no Kai hold Japanese study courses for foreigners to learn the language and information on living in Nagoya ( http://www.nic-nagoya.or.jp/(外部リンク)別ウィンドウ).

Change in Number of Foreign Residents
Municipal park area per person

The Invest Japan Business Support Center(IBSC)

Inside of the temporary office

Nagoya Trade Information Center, Japan External Trade Organization (JETRO)

The Invest Japan Business Support Center (IBSC) located within this center provides investment consultation and advice by full-time advisors and others in most cases free of charge, so foreign-affiliated companies seeking investment or business in Japan can operate as smoothly as possible. Temporary offices for foreign-affiliated companies without bases in Japan are also provided.

Profile of temorary office in The Invest Japan Business Support Center

Target companies

Foreign-affiliated firms seeking to set up offices in the Chubu area

Area

Approx. 10 square meters:5 rooms

Facilities

Desks, chairs, telephones, fax machines, Internet access

Rental cost

Free

Shared facilities

Conference rooms, library

Rental period

50 working days(100 working days are required)

Rental conditions

to be examined by JETRO

Additional services

1 full-time advisor is available on investments in Japan.

Market information and business know-how are provided.

Expert counseling can be arranged on establishing an office in Japan.

Facilities available for residence use

nabi Shirokane

Nagoya Business Incubator

Two rental facilities, “nabi Shirokane” and “nabi Kanayama”  are available for assisting enterprise development of small and medium-sized companies developing computer software, or research & development companies aiming to work with new technologies, products, or markets.
Additional services are also available, such as subsidies for tenant rents for residing enterprises.

Subsidies are available for tenant rent (rent and common service charge) for 5 years after moving in.

  • Companies established within 1 year of moving in: Up to 50% of tenant rent (max. 2.5 million JPY/year)
  • Companies established within 5 years of moving in: Up to 30% of tenant rent (max. 1.5 million JPY/year)
  • Other companies: Up to 10% of tenant rent (max. 1 million JPY/year)
  • Support for technological development/business management
  • Workshops, consulting, etc. by experts from universities and municipality-related offices
  • Support for general business management by full-time incubation manager
Profile of nabi Shirakane

Target companies

Small and medium-sized companies involved in research & development in various markets

Rooms

Approx. 35 square meters: 6 rooms; approx. 50square meters: 23 rooms Approx. 80 square meters: 19 rooms

Facilities

Electric card entry management system

Raised access floor *Optical fiber can be arranged.

Shared Facilities

Business negotiation corner, conference rooms, lounge, shower room, parking, etc.

Rental cost

Rent: 2,900JPY/spuare meter; common service charge: 1,100 JPY/square meter (monthly, excluding tax)

Rental period

Max. 5 years (extension to max. 5 years possible)

Rental conditions

Under examination

nabi Kanayama
Profile of nabi Kanayama

Target companies

Small and medium-sized companies involved with software development, etc.

Rooms

Approx. 25 square meters: 8 rooms; approx. 50 square meters: 16 rooms

Facilities

Electric card entry management system

Raised access floor *Optical fiber can be arranged.

Shared Facilities

Business negotiation corner, conference rooms, lounge, shower room, parking, etc.

Rental cost

Rent: 2,900JPY/square meter; common service charge: 1,100 JPY/square meter(monthly, excluding tax)

Rental period

Max. 5 years (extension to max. 5 years possible)

Rental conditions

Under examination

Contact

Industry Establishment Section(5F City Hall Main Building),
Industry Development Division, Industry Department,
Civic & Economic Affairs Bureau, City of Nagoya
TEL (from in Japan): (052) 972-2423  TEL (from outside Japan): 81-52-972-2423
FAX (from in Japan): (052) 972-4135  FAX (from outside Japan): 81-52-972-4135
E-mail: a2420@shiminkeizai.city.nagoya.lg.jp

Office hours: from Monday to Friday, 8:45AM to 5:15PM
(except Saturday, Sunday, and national holidays)
E-mail and FAX are accepted any time.

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