Spotlight: Japan

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Our Japan Road Show is just around the corner!  Shortly after wrapping up our May 16 Korea Road Show, we'll begin our journey through Japan where we'll be making stops in the leading Japanese commercial hubs of Tokyo, Nagoya, and Osaka from May 19 - 23.   Continue reading to learn more about this interesting region and great opportunity.


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Japan

Japan is the second largest source of foreign direct investment (FDI) into the United States, with a total stock valued at $309.4 billion at year end, 2012.  More importantly, a new wave of outbound investment seems to be forming, as Japan registered its second-highest level ever in 2012 at $122 billion, 26 percent of which came directly to American shores.  

The Japan Road Show will provide U.S. economic development organizations (EDOs) an opportunity to market their locations to Japanese investors at half-day seminars.  Here is a little more information about each of the cities we'll be visiting.

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Tokyo

As the nation's capital, Tokyo is Japan's political, economic, and cultural center. As a leading global force in fashion, culture, business, and finance, Tokyo is a large and diverse city, boasting over 630,000 business establishments.   Among Tokyo's largest industries are transport and communications, finance, insurance, publishing and printing, and electronic device manufacturing.  As a natural starting point, and Japan's primary economic powerhouse, Tokyo promises to set the Japan Road Show off to an exciting start.  Just last month, Ambassador Caroline Kennedy and SelectUSA Executive Director Vinai Thummalapally convened an event in Tokyo to thank the many Japanese investors who attended the 2013 Investment Summit - by far one of the largest delegations.


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Nagoya

With a population of over 2.2 million, the centrally located city of Nagoya is the fourth largest city in Japan and is part of Chūbu, Japan's third largest largest metropolitan area.  Nagoya has the greatest concentration of manufacturing industries in Japan.  In fact, Nagoya produces 40 percent of Japan's automobiles and parts.  Nagoya also has a large representation of businesses in the aircraft, machine tools, and fine ceramics industries.  Toray Industries, which has a major presence in Nagoya, recently announced a $1 billion investment in a carbon fiber, advanced-materials production facility in South Carolina, supplying Boeing for the 787 Dreamliner.


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Osaka

While "Osaka" literally means "large hill" or "large slope," when we think about this amazing city, we can't help but think "large opportunity." As Japan's historic commercial center, Osaka remains a significant economic force and is part of the Keihanhin metropolis-- among one of the largest populated areas in the world.  Osaka has a large manufacturing base in a number of industries, including metallic products, production machinery and tools, and high-tech goods, such as lithium-ion batteries.  Osaka also has a large number of firms in the pharmaceutical, R&D, and service industries.  During Executive Director Thummalapally's March visit, he witnessed the signing of an agreement between Osaka-based Daiwa House and Dallas-based Lincoln Property Company to develop $1.5 billion worth of multi-family homes in the United States over the next three years.

More Information

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