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The Industrial Capital of Japan INVESTVVEVESESSTT INN AAIAICAICHIIICC

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The Industrial Capital of Japan INVESTVVEVESESSTT INN AAIAICAICHIIICC The Industrial Capital of Japan INVESTVVEVESESSTT INN AICHIAICAAIIICC WelcomeWel to Aichi prefecture, the industrial capital of Japan! Hideaki Ohmura, Governor of Aichi Prefecture AichiAich prefecture, which has the geographical advantage of being in the center of Japan and othero advantages including excellent transport infrastructure, is an industrial capital and manufacturingm center that leads the world economy. We have seen considerable progressprogr in Aichi-based projects, which are expected to shape the future of Japan, such as thethe ffuel-cellu vehicle “MIRAI” project and Japan’s first domestically produced passenger jetjet “Mitsubishi“M SpaceJet” project. With a large non-Japanese population, Aichi prefecture strivesstrive to make itself more livable for all residents. We are looking forward to supporting your investments in Aichi, the industrial capital of Japan. N #KEJK&CěC2ROĂĚG#KEJK&CěC2ROĂĚG ai M (Statistics(Statistics Bureau, MinistryMinistry ofof InternalInternal AffairsAffairs andand PopulationPopulation Communications)Communications) 7,552,000 peoplepeople 4th in Japan (As of October 1, 2019) de (S(Source:ource: SStatisticstatistics on Foreign NNationalational NumberNumber ofof foreignforeign residents RResidents,esidents, MinistrMinistryy ooff JusticeJustice)) 272,855 peoplepeople fromfrom 163 countries 2nd in Japan (June 2019) C US$US$ 363.7 billion ((¥40.2998¥ trillion) 2nd in Japan (2017) GDGDPP in AAichiichi ((Source:Source: AAichiichi Prefecture’s GDGDP,P, SStatisticstatistics DDivision,ivision, AAichiichi PrefecturaPrefecturall GGovernment)overnment) EconomicEconomic scalescale equivalenteq to the world’s 31st largest economy (Israel GDP) (,(S(Source:ource: AAichiichi PrefecPrefecture’sture’s GDGDP,P, SStatisticstatistics DDivision,ivision, PerPer capitacapita incomeincome AAichiichi PrefecturaPrefecturall GGovernment)overnment) US$33,524US$33 524 (¥3,633,000)(¥3 633 2nd in Japan (2016) VaValuelue ooff mmanufacturedanufactured US$439.4 billion (¥48.722 trillion) 14.7% share in Japan (2018) ((Source:Source: IIndustrialndustrial SStatisticaltatist Survey ggoodsoods shshipmentsipments RRegionalegional IInput-Outputnput-Output TTable,a Ministry 1st in Japan for 42 years in a row since 1977 of EEconomy,conomy, TTraderade and Industry)In [Main[M i industriesi d t i rankedk d firstfi t ini theth Japanese market share] 1st in 10 out of 24 manufacturing categories 0％ 10％ 20％ 30％ 40％ 50％ 60％70％ 80％ 90％ 100％ C Shizuoka Kanagawa Fukuoka Gunma Transportation equipment Aichi 38.4% 6.4% 5.9% 5.1% 5.0% WK sk Electric equipment Aichi 15.6% Shizuoka Hyogo Osaka Tochigi ex 13.1% 8.3% 5.9% 5.4% do Saitama Kanagawa Nagano Gunma Business oriented machinery Aichi 13.9% 6.9% 6.6% 6.0% 5.2% Hyogo Chiba Osaka Hiroshima Iron and Steel Aichi 13.5% 10.3% 9.3% 8.1% 7.1% Fukuoka Mie Fukushima Shizuoka Rubber products Aichi 12.9% 7.3% 6.6% 6.0% 5.9% Agricultural output (Source: Statistics of Agricultural US$2.8 billion (¥311.5 billion) 8th in Japan (2018) Income Produced, Ministry of Flowers production value Agriculture, Forestry and Fisheries) US$0.5 billion (¥54.3 billion) 1st in Japan for 56 years in a row since 1962 (Source: Economic Census-Survey oncorporate economic Annual sales of goods activities, Ministry of Economy, Trade and Industry) US$403.5 billion (¥43.7258 trillion) 3rd in Japan (2016) * The 2016, 2017 and 2018 figures were compiled based on yen-US$ exchange rates of 108.37, 110.8, and 110.88, respectively. 6LPSOHDYHUDJHRITXDUWHUO\7RN\RLQWHUEDQNLQJVSRWUDWHVHDFKTXDUWHU·VUDWHFDOFXODWHGEDVHGRQWKHPRQWKO\DYHUDJHIRUWKHWKUHHPRQWKVFRYHUHGE\WKHTXDUWHU (Source: Prefectural Land Price Survey, Ministry of Land, %OMPCRKSONOHEOSěCMONIěJRGGMCęOREKěKGSInfrastructure, Transport and Tourism) AAmongmong the three major cities, business expansionexpansion into Aichi costs signisignificantlyficantly less.less. (Unit: (Unit: 1,000 yen/m2 1,000 yen/m2 Tokyo 300 374.3 2,000 Tokyo 2,157.9 Tokyo 1,500 200 246.3 1,000 Osaka Osaka 100 150.5 1026.5 Aichi Osaka 500 103.5 108.4 Aichi Aichi 58.1 470.5 0 00 Residential property Industrial property Commercial property #EEGSS ChuoChuo ShinkansenShinka (To be launchedlaunche between Nagoya and Tokyo in 2027 and between 1DJR\DDQG2VDNDLQ 1DJR\DDQG2 To Osaka Chuo Expressway Tokai-Hokuriku Expressway Meishin Expressway Nagoya Airport Nagoya Airport Nagoya Tokaido Shinkansen Tokaido Shinkansen 50 min. 100 min. Tokai-Kanjo Expressway Tokai-Kanjo Tokai-Kanjo Expressway Tokai-Kanjo Osaka Nagoya Tokyo Chuo Shinkansen 40 min. Nagoya-Daini-Kanjo Expressway Expressway Nagoya-Daini-Kanjo Nagoya-Daini-Kanjo Isewangan Expressway Kinuura Toyota Road Nagoya Airport is a hub for small Port of Nagoya aircrafts, such as Commuter Airline. Shin-Tomei Expressway San-En-Nanshin Expressway Mitsubishi SpaceJet has been developed at this airport. Tokaido Shinkansen Mikawa-Anjo Tomei Expressway Nishichita Highway Chubu Centrair International Airport The Port of Nagoya Aichi International Exhibition Center $LFKL6N\([SR Chubu Centrair International Airport Port of Kinuura Port of Mikawa Toyohashi -DSDQ·VILUVWLQWHUQDWLRQDOH[KLELWLRQFHQWHU directly connected to the international airport Aichi Sky Expo To Tokyo RSHQHGLQ$XJXVW National Route 23 ©Central Japan International Airport Co., Ltd. Meiho Road Chubu Centrair International Airport, JR Line ©Nagoya Port Authority Shinkansen The Port of Nagoya, which ranks first WKH &KXEX UHJLRQ·V JDWHZD\ WR WKH Other railways skies, is a 24-hour airport with an Expressway etc. in Japan in terms of total cargo extensive network of international and ([SUHVVZD\HWF XQGHUFRQVWUXFWLRQ throughput and export value, is a domestic flights. major international logistics hub in the country. Helsinki Frankfurt Beijing Detroit Seoul Shanghai Hanoi Taipei Abu Dhabi Hong Kong Guam Bangkok Manila Honolulu Ho Chi Minh Singapore Flights from Chubu Centrair International Airport 42 cities in the world 19 cities in Japan $VRI-DQXDU\ INVESTVVEVESESSTT INN AICHIAIAIICC Incubation Facilities No. of rooms Rent and expenses to be paid by Voices from businesses operating in Aichi Prefecture Facility available tenant (per month) ■1 JETRO Invest Japan Rent: Free (available for 50 business days), Business Support Center 2 communication expenses □1 Umicore Shokubai Japan Co., Ltd. [Belgium & Japan] automobiles (IBSC) Nagoya and other expenses incurred ■2 Nagoya Business Start of operation in Aichi: October 2013 Incubator Kanayama 25 2 (nabi/Kanayama） Rent(Excl.tax): 2,300～2,900 yen/m , Masataka Muramatsu, common service fee: Representative Director President ■3 Nagoya Business 900 yen/m2 Incubator Shirakane 48 We research, develop, produce aandnd sell (nabi/Shirakane) automotive catalysts. We chose to operateperate iinn ■4 Nagoya Life Science Aichi prefecture because Aichichi is Rent(Excl.tax): 90,000 204,000 yen, Incubator 50 ～ conveniently located in the center ooff JapaJapann other expenses incurred with easy access to the head officece of a (NALIC) world-famous automaker. We establishedablished Rent(Excl.tax): 124,800～486,400 yen, ■5 Creation Core Nagoya 19 our test center in an area located across IBfIse Bay from ChbCChubu Centrair i other expenses incurred International Airport in Tokoname City. With easy access to overseas Rent(Excl.tax): 60,400～75,150 yen, 6 Science Exchange Plaza 10 markets, this area is suitable for companies that are planning to launch ■ other expenses incurred international business in the future. Rent(Excl.tax): 20,000～243,396 yen, 7 Toyohashi Science Core 63 ■ other expenses incurred □2 PPG Japan Ltd. [U.S.A.] aviation Start of operation in Aichi: April 1980 (Expanded and moved in January 2014) Atsushi Suda, President and Representative Director ●32 ●31 We supply aircraft sealants and glass. In ●14 January 2014, we expanded aerospace ●24 business operations in Japan with the relocation of our aerospace application ●20 ●23 ❹ ■6 support center from Handa City to a site in ●12 ❷ Miyoshi City in Aichi prefecture. We chose ■5 to expand our business operations within the same prefecture because ●37 □3 ●34 11 many of our clients in the aviation industry in Japan have their head ●29 ■1 10❶ 3 ■4 ❼ offices and plants in Aichi and its surrounding areas. Our visitors from ●7 ● ■2 ■3 ●2 ❽ 13 1 various countries point out many similarities between Aichi and ●35 19● 15 □2 ●15 ● ●16 ❸ ●36 regional hubs for the aviation industry in their own countries, such as ●33 14 perfect combination of nature and modern infrastructure. Aichi ●21 prefecture, which has abundant excellent human resources, is a good ●26 12 ●2 ●1 ●22 ●4 choice for overseas manufacturers planning to launch their business ●25 ●3 operations in Japan. ●18 ●8 ❺ ●10 ●9 3 [Germany] Renewable energy □Krannich Solar ●11 ●17 ●13 ●6 ●38 ❻ Start of operation in Aichi: January 2013 Yoshifumi Kawabata, ●27 CEO Japan □1 ●28 Krannich Solar GmbH & Co. specializes in engineering and sales of solar power generation systems. The German company established its Japanese unit, Krannich Solar K.K., in Nagoya, Aichi Prefecture, because the climate of the Tokai region in central Japan is well-suited for the solar power business. The company also decided to start the business in the Tokai region in view of strong support from Aichi Prefecture, the city of Nagoya, and relevant local organizations. Core industrial technologies have accumulated in Aichi Prefecture where there is also many high-technology companies operating, making the prefecture attractive for foreign companies eyeing business in Japan. Foreign businesses are likely to think they can grow themselves
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