Tokyo Is the Hub of Japan's Economic Activity
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Overview of Tokyo’s Economy Tokyo is the Hub of Japan’s Economic Activity Population Land Area Number of Employed Persons 127,094,745 377,972㎢ 59,611,589 2015 2016 2010 Number of Establishments Number of Enterprises Ratio of Small and 5,541,634 1,750,071 Medium Enterprises 2014 2014 99.7% 2014 Number of Foreign- Number of Enterprises Capitalized at 1 Billion Yen or More Affi liated Companies 3,158 5,919 2016 2014 Gross Domestic Product (Nominal) Prefectural income per capita (all prefectures total) 532.2 trillion yen 3,065 thousand yen FY2015 *2011 average FY2013 Loans Outstanding of Banks (Domestically Licensed) 474.0 trillion yen end of December2016 Number of Foreign Visitors 24.0 million 2016( preliminary) Number of Factories Value of Manufactured Goods Shipments Value of Exports Value of Imports 393,391 287.3 trillion yen 70.4 trillion yen 66.0 trillion yen 2011 2011 2016( revised) 2016( preliminary) Number of Establishments Annual Product Sales (Wholesale, Retail) Number of Universities Number of Research (Wholesale, Retail) 777 Number of Students Institutes for National Sciences 1,407,235 478.8 trillion yen 2,873,624 2014 2014 FY2016 5,641 2014 *including establishments owned by national and local governments Ratio of Tertiary Industry Persons Engaged in Work Gross Prefectural Product Number of Establishments (Service Activities) (all prefectures total) (Information and Communications) 70.6% 99.8 trillion yen 66,236 2012 FY2013 2014 [Sources] ・ MIC “Population Census” ・ CAO “Annual Report on National Accounts” ・ MOF “Trade Statistics of Japan” ・ Geographical Survey Institute, MLIT “Land Survey of Prefectures, Shi, Ku, Machi and Mura” ・ CAO “Annual Report on Prefectural Accounts” ・ METI “Census of Commerce” ・ MIC “Economic Census for Business Frame” ・ BOJ “Deposits and Loans Market” ・ MEXT “School Basic Survey” ・ Small and Medium Enterprise Agency ・ JNTO materials ・ MIC “Employment Status Survey” “White Paper on Small and Medium Enterprises in Japan” ・ MIC / METI ・ Toyo Keizai, Inc. “Foreign Affiliated Companies in Japan: A Comprehensive Directory” “Economic Census for Business Activity: Tabulation of individual industries (Manufacturing Industry)” 2 Industry and Employment in Tokyo - A Graphic Overview 2017 Tokyo is the Hub of Japan’s Economic Activity Tokyo is the Hub of Japan’s Economic Activity Population Daytime Population Land Area Number of Employed Persons (based on workplace) 13,515,271(10.6%) 15,576,130 2,191㎢(0.6%) 8,174,194(13.7%) 2015 2010 2016 2010 Number of Establishments Number of Enterprises Ratio of Small and Medium Enterprises (11. 8%) (15.6%) 653,819 272,754 99.0% 2014 2014 2012 Number of Foreign- Number of Enterprises Affi liated Companies Capitalized at 1 Billion Yen or More 2,419(76.6%) 2,964(5 0.1%) 2016 2014 Gross Prefectural Domestic Product (Nominal) Prefectural income per capita 95.4trillion yen 4,508 thousand yen(147.1%) FY2015( preliminary) ※ 2005 average FY2013 Loans Outstanding of Banks (Domestically Licensed) 201.2 trillion yen(42.4%) end of December 2016 Number of Foreign Travelers to Tokyo 11.9 million 2015 Number of Factories Value of Manufactured Value of Exports Value of Exports (Port of Tokyo, Goods Shipments Haneda Airport, and Narita Airport) 34,879(8.9%) (Port of Tokyo, Haneda Airport, and Narita Airport) 8.9trillion yen(3 .1%) (21.7%) (34.2%) 2011 2011 15.2 trillion yen 22.6 trillion yen 2016( preliminary) 2016( preliminary) Number of Establishments Annual Product Sales (Wholesale, Retail) Number of Universities Number of Research (Wholesale, Retail) 137(17.6%) Institutes for National Sciences 167.9 trillion yen(3 5.1%) (26.0%) (11. 2%) Number of Students 746,397 889(15.8%) 157,968 2014 FY2016 2014 2014 *including establishments owned by national and local governments Ratio of Tertiary Industry Gross Prefectural Product (Service Activities) Number of Establishments Persons Engaged in Work (Information and Communications) (19.2%) 81.5% 19.1 trillion yen 22,590(3 4.1%) 2012 FY2013 2014 Percentage in parentheses represents the proportion to the national total. [Sources] ・ MIC “Population Census” ・ TMG “Annual Report on Prefectural Accounts, preliminary and estimated” ・ Tokyo Customs materials ・ Geographical Survey Institute, MLIT “Land Survey of Prefectures, Shi, Ku, Machi and Mura” ・ CAO “Annual Report on Prefectural Accounts” ・ METI “Census of Commerce” ・ MEXT “School Basic Survey” ・ MIC “Economic Census for Business Frame” ・ BOJ “Deposits and Loans Market” ・ TMG Bureau of Industrial and Labor Affairs materials ・ MIC “Employment Status Survey” ・ TMG Bureau of Industrial and Labor Affairs research ・ MIC / METI ・ Toyo Keizai, Inc. “Foreign Affiliated Companies in Japan: A Comprehensive Directory” “Economic Census for Business Activity : Tabulation of individual industries (Manufacturing Industry)” Industry and Employment in Tokyo - A Graphic Overview 2017 3 Overview of Tokyo’s Economy While Forming a Huge Economic Base, Tokyo Faces 1 Tokyo’s Economy is Comparable to a Country’s Economy Gross domestic product (nominal) by country Gross prefectural product (nominal) and prefectural (worldwide, 2014) income per capita by prefecture (nationwide, FY2013) (100 billion US dollars) 180 173.5 (Trillion yen) Prefectural income (1,000 yen) 120 per capita (right axis) 5,000 160 4,508 140 100 120 93.1 4,000 103.5 3,579 100 80 3,019 80 2,859 3,000 2,995 2,972 60 60 46.1 40 38.7 29.9 28.3 24.2 2,000 21.4 20.5 18.6 17.8 20 14.5 14.1 13.8 12.9 40 37.3 8.8 8.6 8.0 35.4 30.2 0 UK 20.7 19.8 Italy 1,000 USA India Brazil Spain 20 China Tokyo Japan Russia Turkey France Mexico Canada Gross prefectural product (nominal) Australia Germany Netherlands South Korea 0 0 Aichi Chiba Tokyo Osaka Note: The above comparison is for 2014 (calendar year), except Tokyo (from April Saitama 1st, 2014 to March 31st, 2015) and Australia (from July 1st, 2014 to June Kanagawa 30th, 2015). The gross prefectural product in Tokyo is converted to US dollars by using the 12-month simple average of the monthly average value of the interbank spot central rates at the Tokyo Foreign Exchange Market (1 US dollar = 109.92 yen). Note: Top 6 prefectures in gross prefectural product are listed. Source: TMG “Annual Report on Prefectural Accounts” Source: CAO “Annual Report on Prefectural Accounts” 4 Establishments Mainly in “Information and 5 Number of Small and Medium Enterprises Communications” are Concentrated in Tokyo (SMEs) Accounts for 99% of All Enterprises Number of establishments and percentage in the whole country by industry (Tokyo, 2014) Number of enterprises by industry and enterprise size, and percentage of SMEs (Tokyo, 2012) (10,000 establishments) (%) 30 Percentage in the whole country 40 Large enterprise Medium enterprise Small enterprise (right axis) (10,000 enterprises) (%) 14 99.6 99.7 99.2 99.6 99.5 99.5 99.7 100 34.1 35 99.2 98.7 Others 98.5 25 12 99.0 Percentage of 98 9.9 10 SMEs (right axis) 97.2 Company 30 97.0 96 8 96.1 20 94 Individual proprietorships 6.0 25 6 4.8 4.9 92 15.8 4 3.7 3.6 3.5 15 18.8 20 2.4 2 1.7 1.6 90 1.1 0.9 16.1 0.4 0 . 88 12.8 15 10 11.8 11.4 10.8 11.0 9.9 t services 13.0 8.2 10.1 11.2 9.3 10 12.2 6.2 and leasing Construction 4.9 4.8 4.8 Manufacturing drinking services 5 4.2 4.3 4.0 Services, n.e.c All industries total 5 and technical services 2.3 1.6 1.8 Living-related and personal 1.1 Finance and insurance Wholesale and retail trade Medical, health care and welfare Scientific research, professional services and amusemen Real estate and goods rental Education, learning support Transport and postal activities Accommodations, eating and 0 0 Information and communications Note: The industrial divisions which have 1,000 or more small and medium enterprises are listed. SMEs and small enterprises are defined in accordance with the Construction definitions in the Small and Medium-sized Enterprise Basic Act. Excludes Manufacturing Services, n.e.c. the establishments which are unable to classify to whether the business All industries total rental and leasing and technical services establishments of SMEs or large enterprises because either industrial and drinking services classifications, number of regular employees or capital size is unknown. The Living-related and personal Real estate and goods Finance and insurance Transport and postal activities number of medium enterprises is equivalent to the number of deducting small Accommodations, eating Information and communications Scientific research, professional Wholesale and retail trade enterprises from SMEs. The percentage of SMEs = number of SMEs/number of Medical, health care and welfare services and amusement Education, learning support all enterprises×100. Note: Industry divisions which have 10,000 establishments or more are listed. Source: MIC, METI “Economic Census for Business Activity” reorganized by TMG Source: MIC “Economic Census for Business Frame” Bureau of Industrial and Labor Affairs 4 Industry and Employment in Tokyo - A Graphic Overview 2017 Tokyo's Economic Base and Characteristics Acceleration of Demographic Aging 2 Growth of Gross Prefectural Domestic Product in Tokyo 3 Tertiary Industry Accounts For About 90% of is Expected to be Negative for Three Consecutive Years Gross Prefectural Domestic Product in Tokyo Gross prefectural domestic product in Tokyo Gross prefectural domestic product (nominal) by economic year-on-year growth rate activity and percentage of the tertiary industry (Tokyo) (Real, Chain-linked method) (Tokyo) (Trillion yen) (%) Percentage of tertiary industry (right axis) 110 87.9 88.7 88.7 90 (%) 100.2 3 100