Supporting Overseas Companies Doing Business in Tokyo. Noriko Suzuki. Tokyo Metropolitan Government. Tokyo Investment and Business Seminar
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1 Tokyo Investment and Business Seminar Supporting Overseas Companies Doing Business in Tokyo 2014 Noriko Suzuki Director for Attraction of Foreign Direct Investment In Tokyo, Bureau of Industrial and Labor Affairs, (TMG) 1
2 Contents Tokyo s Appeal Pages 3-7 Industrial Promotion Policy of TMG Pages 8 Tokyo s Energy Policy Pages 9-10 Support Menus Provided by TMG Pages 11 Tokyo Industry Exhibition Pages Tokyo Business Entry Point Page Support Menus Provided after a Company is Established in Japan Page 17 Model Schedule Page 18 The Special Zone for Asian Headquarters Pages
3 Tokyo Metropolis Population: 13 million Fortune Global 500 (2013) Rank City Country Companies 1 Beijing China Tokyo Japan Paris France New York USA London UK 1 7 3
4 Tokyo Metropolis (Billion USD) 12,000 16,000 10,000 14,000 ~~ 8,000 6,000 14,419 5,931 5,511 GDP: Billion USD Note: GDP by country (Major countries, ) Figures for Tokyo are for FY Source: CAO Annual Report on National Accounts, Annual Report in Prefectural Accounts 4,000 2,000 3,306 2,566 2,266 1,577 1,389 1,285 1,064 1,032 1,015 0 USA China Japan Germany France UK Canada Spain Australia Tokyo Mexico South Korea 4
5 1 London 2 New York 3 Paris 4 Tokyo 5 Singapore Global Power City Ranking (Global Power City Index) Global Power City Index Ranking of the urban competitiveness of 40 major cities based on 70 indices for six components: Economy, R&D, Cultural Interaction, livability, Environment and Accessibility. (Source: the Mori Memorial Foundation) 5
6 Satisfaction with regard to Tokyo Location (Top Six Items) Based on a survey of foreign capitalized firms who have established operations in Tokyo 1Transportation network 80.6% 2Name recognition Image 76.5% 3Information collection transmission 63.5% 4Human resources 60.5% 5Market 57.7% 6Concentration of related industries 54.2% 6
7 Tokyo: Home to Numerous Foreign Affiliates Home to head offices of foreign firms Comparison by prefecture (2013, %) Others, 11.2 Osaka, 3.8 Kanagawa, 8.6 Total 3,103 firms Tokyo,
8 Industrial Promotion Policy of the Tokyo Metropolitan Government Social Problem Resolution-Oriented Industries Environment/Energy, Health/Medical/Welfare, Crisis Management Information Transmission-Oriented Industries Animation/Content, Design, Fashion Urban Function Utilization-Oriented Industries Robots, Aircraft 8
9 Tokyo s Energy Policy Implementing Energy Management Systems Promoting visualization of energy use in offices and homes. Subsidy systems for homes Subsidize households installing fuel cells or storage batteries on the condition that they install the Home Energy Management System (HEMS). Subsidy systems for offices Subsidize companies installing gas co-generation systems in office buildings and other locations on the condition that they install Building and Energy Management System (BEMS). 9
10 Tokyo's Energy Policy Promoting Renewable Energy Rooftop solar project Promote the use of solar power systems as a package: affordable prices, low-interest loans, and after-care services. Diversifying and self-supplying energy on islands Make Hachijo Island a model case that meets most of its energy demand with clean renewable energy. 10
11 - Full support when doing business in Japan - Support Menus provided by TMG for foreign companies hoping to do business in Japan A company is established in Japan Tokyo Investment & Business Seminar Tokyo Business Meeting Tokyo Metropolitan Small Business Center Business management consultations Intellectual property consultations Fund procurement consultations Tokyo International Industry Exhibition, etc (Autumn) Tokyo Metropolitan Government Financing consultations Tokyo Business Entry Point Business-related consultations Market survey information Approval and license information Information on partner companies Office information, etc. Consultations on living in Tokyo Housing information Medical information School information Information on living in Tokyo, etc. 11
12 - Full support when doing business in Japan - Tokyo International Industry Exhibition Opportunities for market surveys and business matching (Booths are offered free of charge, and business meetings with Tokyo-based companies are arranged.) 2013 Fair Overview Dates: October 30-November 1, 2013 (3 days) Venue: Tokyo Big Sight (West Halls 1 and 2 ) Exhibit categories: Information technology, environment, medical care and welfare, machinery and metal Fair size: 924 companies and organizations, 825 booths Number of visitors: (46,095 in 2013 ) FY2013 (3 days) FY2012 (3 days) FY2011 (3 days) Overseas Companies 7 Companies 7 Companies 5 Companies Business Meetings 1 06Companies 98 Companies 69 Companies 12
13 - Full support when doing business in Japan - Tokyo International Industry Exhibition Examples of International Trade Fairs at International Nanotechnology Exhibition and Conference 2014 Dates: February 26-28, 2014 Exhibitions: Int l Hydrogen & Fuel Expo, Int l photovoltaic Power Generation Expo, int l Rechargeable Battery Expo, Processing Technology, Eco house/eco Building Expo etc. Number of visitors( ) : 76,328 Tokyo Big Sight Dates: January 29-31, 2014 Exhibit categories: nano materials, nano Evaluation & measurement, nano Fabrication Technology Fair size(2013 ) : 587 companies and organizations, 802 booths Number of visitors(2013 ) : 46,846 World Smart Energy Week 2014 International Food Machinery & Technology Exhibition 2014 Dates: Jun 10-13, 2014 Exhibit categories: food manufacturing,processing, packaging and filling, food materials processing etc Fair size(2013 ) : 725 companies and organizations, 2971 booths Number of visitors( ) : 94,087 Home Care & Rehabilitation Exhibition 2014 Dates: October 1-3, 2014 Exhibit categories: wheelchair, artificial limb, walker, welfare cars etc Fair size(2013) : 585 companies and organizations Number of visitors(2013 ) : 121,044 Tokyo Big Sight 13
14 - Full support when doing business in Japan - Tokyo International Industry Exhibition th -21st November, 2014 We welcome your participation! 14
15 - Full support when doing business in Japan - Tokyo Business Entry Point TMG s One-Stop Information Portal for Foreign-Affiliated Firms Start-up Expansion Information on: Markets Approvals and licenses Office space Specialists, etc. Business Information Information on: Public service support Industry government academia alliances Information on: Trade fairs and exhibitions Potential business partners Information for daily life Information for foreign residents living in Tokyo Consultation services for foreign residents Medical information Housing information Educational institution information Free of Charge! 15
16 - Full support when doing business in Japan - Case Study Pinocchio World Co., Ltd. - Wanted to set up a company selling decorative items and accessories - Requested assistance with starting business in Tokyo Details: 1. Inform them about the permits and procedures of setting up a company 2. Support to expand business Assistance provided: 1. Explain concrete procedures to set up a company in Tokyo 2. Introduce English speaking lawyers, tax accountants, and real estate firms 3. Introduce IT firms to help with web creation and online sales Result: Establish a company in Tokyo 16
17 - Full support when doing business in Japan - Support Menus Provided After a Company is Established in Japan Tokyo Business Entry Point Consultations on funds (financing, etc.) Tokyo Metropolitan Small Business Center Consultations on business management (one-stop general consultation desk, etc.) Consultations on intellectual property (consultation desk, etc.) Consultations on funds (subsidies, etc.) 17
18 - Full support when doing business in Japan - Model Schedule January October Tokyo Investment & Business Seminar Participate in Tokyo International Industry Exhibition 2014 Establishment of a company in Japan Tokyo Business Meeting Consultation on fund procurement, etc. Tokyo Business Entry Point (Business Development Center Tokyo) (1 ) Take an interest in doing business in Tokyo (2 ) Gather the necessary information for examining the possibility of doing business in Tokyo (3 ) Visit Japan and examine the possibility of doing business in Tokyo (4 ) Gather the necessary information for preparing to do business in Tokyo (5 ) Build a platform for doing business in Tokyo 18
19 - What is going on in Tokyo? Business Special Zone for Asian Headquarters - Business Special Zone for Asian Headquarters 19
20 - What is going on in Tokyo? Business Special Zone for Asian Headquarters - Business Special Zone for Asian Headquarters 2 4 functions for attracting foreign companies Approaches/ Business Exchange Corporate tax breaks and exemption of local tax (Enterprise tax on corporation, etc.) Ease immigration and re-entry procedures. Business Support Support Institution (Business Development Center Tokyo) Subsidy Program Scheme to encourage entry into the market Living Environment Development Living support at BDC Hospitals with English-speaking doctors Schools where education is conducted in English Business Environment to Secure BCP* Highly functional office buildings - Quake-resistant - Independent power generation systems *BCP Business Continuity Plan 20
21 Thank you for your attention! 21
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