Investment Opportunities in Japan. June 1, 2016 Kazuya Nakajo Director General Invest Japan Department Japan External Trade Organization (JETRO)

Transcription

1 Investment Opportunities in Japan June 1, 2016 Kazuya Nakajo Director General Invest Japan Department Japan External Trade Organization (JETRO)

2 2 1. Why invest in Japan now? 1. Why invest in Japan now? 2. The Attractiveness of the Japanese Market 3. JETRO s Functions

3 3 1. Why invest in Japan now? - Addressing the issues common to developed countries Environment and energy Aging Society New Business models and Know-How Worn out infrastructure Healthcare and pension

4 1. Why invest in Japan now? - Japan s business cost Tokyo Kuala Lumpur Shanghai Seoul Singapore Hong Kong Office rent (monthly/per sq.m) (USD) Source : JETRO Tokyo Kuala Lumpur Shanghai Seoul HongKong Singapore Housing rent for expatriates (monthly) Source : JETRO (USD) Copyright (C) 2016 JETRO. All rights reserved. 4

5 5 1. Why invest in Japan now? - Japan s business cost Reduction of the corporate tax rate Down to the 20% range from this April

6 6 1. Why invest in Japan now? - Structural reform Opening up the electricity market Regulatory reform of medicine and medical equipment Strengthening of corporate governance

7 7 2. The Attractiveness of the Japanese Market 1. Why invest in Japan now? 2. The Attractiveness of the Japanese Market 3. JETRO s Functions

8 8 2. The Attractiveness of the Japanese Market -Sophisticated market The reason why P&G tests its new disposable diapers in Japan is because Japanese housewives are the strictest consumers Prof. Michael E. Porter, Harvard Univ.

9 2. The Attractiveness of the Japanese Market -GDP ranked 3 rd in the world <International comparison of Japanese regional gross production (nominal, FY2012)> (Unit $1 billion) Hokkaido/Tohoku region Switzerland Chubu region Indonesia Kinki region Indonesia Kanto region 2,400.8 U.K. 2,461.8 Chugoku region Malaysia Kyushu region Sweden Shikoku region Vietnam (as of June, 2015) Copyright (C) 2016 JETRO. All rights reserved. Source: Cabinet Office, "Report on Prefectural Accounts 2012" (FY2015) 9

10 2. The Attractiveness of the Japanese Market -Innovation hub World-class in research funding and number of researchers RANK1st In the World <Research funding by country and percentage of GDP (G8 companies)> Country Percentage of GDP 1 Japan Germany USA th - France (2.23%), 5 th - UK (1.63%), 6 th - Canada(1.62%), 7 th - Italy (1.26%), 8 th - Russia (1.12%) <Number of researchers per 10,000 people (G8 companies)> Country Number of researchers per 10,000 people 1 Japan USA Canada th - UK (40.5), 5 th - Germany (43.9), 6 th - France(40.2), 7 th - Russia (30.8), 8 th - Italy (19.5) Japan has an intellectual accumulation that generates innovation Source: Created from Survey Result on Science and Technology Research 2015 (Ministry of Internal Affairs and Communication) Date source: Main Science and Technology Indicators, (OECD) etc. Copyright (C) 2016 JETRO. All rights reserved. 10

11 2. The Attractiveness of the Japanese Market -A Vast Tourism Market The number of foreign visitors to Japan exceeded 19 million in 2015, a result of new LCC flights and the easing of requirements for issuing visas. The aim is 40 million by The growth of businesses targeting foreign travelers is expected. Year Tokyo Olympics, Paralympics games Foreign travelers to Japan 5.2 Million people 19.7 Million people [Target] 40 Million people Copyright (C) 2016 JETRO. All rights reserved. Source: JETRO, JETRO World Trading Investment Report Date Source: Japan National Tourist Organization (JNTO) 11

12 2. The Attractiveness of the Japanese Market -A Vast Tourism Market 350,000 Number of tourists from Malaysia 300, , , , , , , , ,183 50,000 81, Source:Japan National Tourism Organization(JNTO) Foreign Visitors to Japan by Nationality and Month for Total compiled by JETRO Copyright (C) 2016 JETRO. All rights reserved. 12

13 13 2. The Attractiveness of the Japanese Market -A Vast Tourism Market Case Examples of Overseas Companies Advance into Japan and Business tie-up in Tourism Lodging Hotels Tourist s Lodging Service apartments Amusement Theme Parks Golf Courses Spas Restaurants Travel Service Travel Agencies Online Conference service Medical Retail-Finance Retail Financial service Transportation Airline Ship service Sightseeing Bus

14 14 2. The Attractiveness of the Japanese Market -Halal Market

15 15 2. The Attractiveness of the Japanese Market - Global Alliances for Japanese Mid-Ranking Companies and SMEs Consultation JETRO SME Support, JAPAN Financial institution Financial institution Investment Foreign companies Investment business partnership Investment Investment Limited Partnership Investment Financing Investment Japanese mid-ranking companies and SMEs

16 16 2. The Attractiveness of the Japanese Market -Collaboration with Japanese companies

17 17 3. JETRO s Functions 1. Why invest in Japan now? 2. The Attractiveness of the Japanese Market 3. JETRO s Functions

18 18 3. JETRO s Functions -Accomplishments & Successful Cases <FY2003~FY2015> Project Supported More than 14,000 Foreign companies successful startups supported More than 1,400 45% 40% 35% 30% 25% 40% 33% South America Europe 35% 29% 32% 38% 31% 29% 39% 32% 26% 20% 15% 16% 10% 5% Asia 0% FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015

19 Conference room JETRO s Functions -Invest Japan Business Support Center (IBSC) Consultation service Specialists give advises about how to start up business in Japan Legal advise Business cost Market regulations Business culture Human resources Real estate Private office space Temporary offices Consultation Temporary offices in 6 major Japanese cities are available for free of charge for 50 business days

20 20 3. JETRO s Functions -Invest Japan Business Support Center (IBSC) IBSC Kobe IBSC Osaka IBSC Tokyo IBSC Yokohama IBSC Fukuoka IBSC Nagoya

21 21 Datang-lah berjumpa JETRO dulu! Talk to JETRO First!

22 Invest Japan Department Japan External Trade Organization (JETRO) , Akasaka, Minato-ku, Tokyo Japan Tel , Fax This document is owned by JETRO. All of the content in this document, including, but not limited to, still images, text, pictorial works, designs and logos, is owned or licensed by JETRO.This document shall not be reproduced or reprinted on any medium or registered on any search system in whole or part by any means, without prior permission of JETRO. Although JETRO makes its best efforts to ensure the accuracy of the information contained in this document, JETRO does not take any responsibility regarding losses derived from the information contained in this document.