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Kyoto Prefecture 1 Kyoto Prefecture Financial Profile and Fiscal Reforms October 2017 Contents Kyoto Prefecture: Introduction 2 Vision for Kyoto Prefecture 7 Current Financial Profile and Fiscal Reforms 11 Prefectural Bond Issuance Operation 18 Kyoto Prefecture: Introduction Overview of Kyoto Prefecture Kyoto is one of the biggest prefectures in Japan with a population and economy ranked between the 10th and 15th in the nation. It has an arterial transportation network stretching from east to west, including the Meishin Expressway, Shin-Meishin Expressway, and Tokaido Shinkansen, as well as excellent accessibility from major airports—about 55 min. from Osaka International Airport and about 75 min. from Kansai International Airport—making it a sightseeing destination for an increasing number of foreign tourists. That plus the expressway has stretched from Kyotango City in the north to Kizugawa City in the south with the opening of the route between Joyo JCT/IC and Yawata JCT/IT on the Shin-Meishin Expressway. Further development is therefore expected in Kyoto’s economy. Basic Facts about Kyoto Prefecture Kyoto Prefecture Transportation Network Area 4,612 km2 31st in Japan 2016 Tottori Toyooka Miyazu Expressway 【Status of Maizuru Port】 ◆Frequency of cruise port calls 17 (2016) → 43 (2017) Population 2.61 million 13th in Japan 2016 Kyoto Maizuru Port Kyotango City Prefectural GDP 10,053.8 billion yen 13th in Japan FY2014 Kyoto Prefectural Income million yen nd in Japan FY2014 Prefecture per Capita 3.03 12 Tokaido Shinkansen Manufacturing Value Kyotamba-Wachi IC to Tamba IC Added th 1,811.8 billion yen 17 in Japan 2014 Opened on July 18, 2015 *Businesses with 10 or *Fully completed more employees Shin-Meishin Expressway Osaka Int’l Airport (Itami) Annual Retail Sales 2,553.7 billion yen 13th in Japan 2014 Keinawa Expressway Keinawa Joyo JCT/IC to Yawata Kizugawa JCT/IC City Opened on April 30, 2017 Legend Osaka Bay In service Under Construction (including surveying and investigation) Construction not started Kansai Int’l Airport (KIX) 3 Kyoto’s Unique Industries Kyoto's economy is supported by industries that create value that is unique to Kyoto, such as the tourism and traditional industries supported by 1,200 years of history and culture, as well as high-technology industries that combine the technological excellence of Kyoto's traditional industries with innovative ideas. Kyoto City was voted the world's best city Nishijin brocade Lacquerware for two years in a row (2014 and 2015) by readers of the US magazine, Travel+Leisure Kyo yuzen dyeing Kyo-yaki and Kiyomizu-yaki History and Culture ・Visitors for sightseeing: 87.41 million Kyo butsudan ceramics ・Overnight visitors: 15.95 million (Buddhist altars) Tango chirimen (silk crepes) Of which international overnight visitors: 3.26 million (highest ever) ・Tourism expenditure: 1,144.7 billion yen (highest ever) Designated “300 Years of Tango Chirimen Textile Traditional (2016) Road” as Japan Heritage (April 28, 2017) Tourism Industry Technology Unique industrial Ceramic technology for Ceramic capacitors and artificial teeth structure harnessing the Beauty of Nature Textile technology for strengths of Kyoto Surface acting agents and polymer drug Amanohashidate and Global Geopark Northern Kyoto Central Kyoto Ashiu Forest and villages of Tamba highlands Southern Kyoto Uji tea production scenery Academic Institutions High-Tech Industry Nintendo Co., Ltd. Seven national and public universities and 27 Omron Corp. (Kyoto) private universities (Kyoto and Uji plants) Largest number of students and universities per Kyocera Corp. (Kyoto) Horiba, Ltd. (Kyoto) population Shimadzu Corp. (Kyoto) Murata Manufacturing Co., Ltd. Industry-University (Nagaokakyo) Cooperation 4 Kyoto Firms Creating High Added Value Supported by Kyoto’s unique strengths in technologies, the Kyoto-based manufacturing industry holds significant shares of Japan’s high- technology product markets and others. Home to many companies operating profitable businesses that employ their own home-grown technologies, Kyoto boasts the 11th highest corporate taxable income in Japan. Kyoto's Major Products Corporate Taxable Income by Prefecture Industry Products Shipments Rank Taxable Income Number of Rank Prefecture Pollution measuring instruments 15.4 billion yen (54%) 1 (Million yen) Firms Rank Spectral photometers 10.7 billion yen (47%) 1 1 Tokyo 21,137,483 551,894 1 2 Advanced Other analysis equipment 45.8 billion yen (50%) 1 Osaka 4,601,022 225,286 2 Technology 3 Aichi 2,783,246 155,654 4 & Physical, chemical machinery 18.9 billion yen (20%) 1 Research and appliances 4 Kanagawa 1,424,234 174,167 3 Equipment 5 Hyogo 946,422 97,537 8 Medical X-ray equipment 20.5 billion yen (11%) 1 6 Fukuoka 942,865 93,661 9 Semiconductors and IC testers 17.1 billion yen (13%) 3 7 Chiba 808,874 102,480 7 Ready-made kimono and obi 6.2 billion yen (37%) 1 Traditional 8 Saitama 803,120 127,799 5 Chirimen textile 2.9 billion yen (73%) 1 Crafts 9 Hokkaido 756,151 112,493 6 Paper fans and folding fans 1.6 billion yen (32%) 2 10 Shizuoka 643,639 73,920 10 Sake 57.6 billion yen (13%) 2 11 Kyoto 612,427 55,668 12 Food & Japanese confectionery 39.3 billion yen (7%) 1 Beverages 12 Hiroshima #11 in Taxable Income 610,175 59,619 11 Green tea (refined tea) 29.9 billion yen (13%) 2 13 Niigata 376,677 42,136 15 Source: METI: 2014 industry statistics (domestic market share in %) #12 in Number of 14 Miyagi Firms 365,465 40,763 18 15 Okayama 351,776 38,498 20 Source: National Tax Agency (avg. of FY2011-FY2015) 5 Tourism Industry Supporting the Prefectural Economy Kyoto has an abundance of tourism resources, including cultural assets, such as the ancient capital and Amanohashidate, one of Japan's top three scenic wonders. Its history, culture, natural environment, and scenic beauty are magnets for visitors from around the world, and tourism plays an important role in Kyoto's economy. “Kyoto by the Sea” - No. of visitors to northern Kyoto tops 10 million. Completion of the Kyoto-Jukan Expressway has paved the way for various projects highlighting the attractive features of Redbrick Warehouses (Important赤れんが倉庫 cultural property northern Kyoto. By using “Umi no Kyoto (Kyoto by the Sea) designated（国重要文化財） by the national Amanohashidate government) DMO” and offering hospitality to increasing cruise ship (One of天橋立 the Three Most Beautiful（日本三景） Views in Japan) Kiyomizu-dera passengers, we aim to make this area one of the top tourist (World清水寺 Heritage site; （世界遺産・国宝）national treasure) destinations in Japan. (New quasi-national park) “Kyoto in forests” San’in山陰海岸 Kaigan - Inheritance of legacy of “Kyoto in forests Expo” ジオパークGeopark Central Kyoto is home to the Ashiu Forest and Miyama Kayabukino-Sato. We will take over rich nature and culture Kyoto Tamba promoted across the nation through “Kyoto in forests Expo,” Kogen including the 40th National Tree-care Festival, to posterity. Quasi-National Park Byodo-in (World平等院 Heritage site; Kyoto City Rafting on 保津川下り （世界遺産・国宝）national treasure) Hozugawa “Kyoto infused with tea” - Target Year 京都市 Old Prefectural Hall (Important京都府庁旧館 cultural property designated by the national （国重要文化財）government) Soen Nagatani Birthplace Kozuya 流れ橋 (Japan Heritage site) Bridge The oldest tea producing region in Japan, southern Kyoto takes pride in an idyllic landscape steeped in history. We are working to promote the tea industry, popularize tea culture, etc. Kamikoma Tea Wholesale District - Attract one million tourists as the target to “Tea Kyoto Exhibition” - (Japan Heritage site) Main event “Uji-cha tea Expo @ culture” (Uji City on October 21 and 22, 2017) #2 in Japan National Heritage Sites 2,170 2017 Hold various events including “Great tea party of 10,000 people,” (16.5%) “Premium great tea party” and “One tsubo tea-ceremony room” Protected Historical #1 in Japan 8,513 ha 2016 Areas (42.4%) Sources: Agency for Cultural Affairs, Ministry of Land, Infrastructure, Transport and Tourism 6 Vision for Kyoto Prefecture Long-term Vision and Medium-term Plan of “The Kyoto of Tomorrow” “The Kyoto of Tomorrow,” new guidelines for the administration of Kyoto Prefecture, was initiated in January 2011. The long-term vision specifies where Kyoto is headed in the next 10 to 20 years, while the medium-term plan outlines a basic strategy for the next four to five years. We are implementing ongoing initiatives to leverage the strengths of Kyoto and meet other objectives (i.e. benchmarks) set under the medium-term plan. (The periods of the medium-term plan and the regional promotion plan ended in March 2015, and a new plan for April 2015 to March 2019 has begun.) Structure of “The Kyoto of Tomorrow” Three Paths to Achieving the Long-term Vision Fundamental Ordinances Underlying principles of the administration of the prefecture Make communities safer Build a Kyoto where everyone can live with peace of mind Long-term Where Kyoto is headed over the next 10 to 20 years Achieve regional co-existence and cooperation Vision Build a Kyoto in which society is held together by bonds of trust, relationships, and cooperation Regional Development plan for Basic strategy for the next Medium- Leverage the Strengths of Kyoto Development Yamashiro, Nantan, four to five years to achieve term Plan Build a Kyoto where lifestyles, industry, and regional growth are Plan Chutan, and Tango the long-term vision a reality Outline of the New “Medium-term Plan” The long-term vision focuses on a vision for the future, while the medium-term plan spells out specific goals
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