Attractive Sectors

The Japanese automotive industry ranks second in the world, closely behind that of the United States and well ahead of those of other nations with over 10.5 million vehicles produced in 2004. Japanese automakers and parts manufacturers continue to develop many of the industry's most innovative features, presenting significant business opportunities for foreign firms with applicable products and technologies.

Japanese automakers are integrating more telematics products and services into automobiles to make driving more convenient and pleasurable, opening doors for innovative foreign companies.

A growing emphasis on environmental sustainability is generating opportunities for automotive companies whose technologies help reduce the automobile's impact on the environment.

Consumer demand for increased automotive safety features provides great opportunities for foreign firms as Japan's automotive manufacturers shift their focus from reducing damage resulting from accidents to preventing the accidents all together.

As more electronic and information device parts are Integrated into automobiles, foreign companies in related fields can expect to find growing demand for their business in Japan.