Investing in Japan
Investment News
May. 26, 2008
[Press Release] 125 Foreign firms utilize JETRO services to set-up business in Japan in FY2007
In FY2007 a total of 125 foreign firms utilized JETRO support and services (*) to set-up a business in Japan, an increase over the figure recorded in FY2006 (115). By region, the majority of these new firms are from Europe (48 firms[Germany 17, U.K. 8, France 7, etc]), Asia/Pacific (40 firms[China 18, Korea 7, Australia 5, India 3, Singapore 3, etc] and North America (34firms[U.S. 31, Canada 3]). These new entrants are spread across a wide range of industries, including software/content (24), services (24), machinery & equipment (16) and automobile & automobile parts (14); other categories include electrics & electronics, clothing and accessories, telecommunication equipment, food, general consumer goods and medical treatment and nursing, etc. Particularly in FY 2007, many European and the U.S. automobile-parts corporations set-up businesses in Aichi and Kanagawa prefectures.