Geography and Population

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Japan is situated in north eastern Asia between the North Pacific and the Sea of Japan. The area of Japan is 377,873 square kilometres, nearly equivalent to Germany and Switzerland combined or slightly smaller than California. Japan consists of four major islands, surrounded by more than 4,000 islands.

Japan’s population is over 126 million. Most Japanese reside in densely populated urban areas like Tokyo, the capital city of Japan. The population of the Tokyo Metropolitan Area including the city, some of its suburbs and the surrounding area is approximately 12 million.

Constitution

Japan is a constitutional monarchy where the power of the Emperor is very limited. As a ceremonial figurehead, he is defined by the constitution as “the symbol of the state and of the unity of the people”. Power is held chiefly by the Prime Minister of Japan and other elected members of the Diet, while sovereignty is vested in the Japanese people.

Legal System

Legal system of Japan is in a framework of a parliamentary representative democratic monarchy, where the Prime Minister of Japan is the head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the two chambers of parliament: the Diet with the House of Representatives and the House of Councillors. The Judiciary is independent of the executive and the legislature. In academic studies, Japan is generally considered a constitutional monarchy.

Communication and Transportation

Telecommunication, internet as well as transportation in Japan are highly developed. The telephone direct dialling system gives instantaneous international communication from both fixed and mobile units.

Language and Currency

Japanese is the official language used in Japan. However, many Japanese can understand English since it is a language that one must learn as part of Japan’s compulsory education.

The currency used is Japanese Yen (JPY).

Communication and Transportation

Telecommunication, internet, as well as transportation in Japan are highly developed. The telephone direct dialling system gives instantaneous international communication from both fixed and mobile units.

Major Exports and Imports

Major trading partners of Japan for exports are China and the United States of America, and other countries in Asia, such as South Korea, Taiwan, Hong Kong, Singapore and Thailand. Cars, electric devices and machinery are the primary exports to other countries.

As for imports, China, the United States of America, Australia, Saudi Arabia, South Korea, UAE and Taiwan are the country’s major trading partners. Imported items mainly include natural resources, such as oil, iron ore and food items.

Advantages of Investing in Japan

Japan is a centre of new trends and creativity and is a coveted testing ground for new products. Today, increasing numbers of companies around the world are partnering with Japanese companies to develop products and services, create innovative technologies, and conduct R&D projects.

Japan has an enormous market, one of the world’s largest in terms of economic scale. The scale of the economy of the country’s individual regions rivals that of some countries.

Japan’s industries are globally competitive and, as can be seen in the automotive sector, the nation’s industrial structure is broad-based, with a large number of smaller companies functioning to support the world heavy weights. For foreign companies, Japan is not just an attractive sales market but also a country that offers foreign companies several opportunities in all its sectors.

As the East Asian market grows rapidly, the economic integration between countries in the region continues to strengthen. Japan is becoming ever more important for companies from around the world as a location for regional headquarters and R&D bases to support their expansion into Asia.

Programs and Support to Promote Investment in Japan

Foreign-capitalized firms operating in Japan are eligible to borrow loans from government-affiliated financial institutions for the purpose of acquiring land, buildings, machinery and equipment and for research and development.

To improve the administration procedure for investment, each ministry or institution related to investment has established a single contact point, which can indicate the division in charge of a particular procedure.

Furthermore, many local governments provide local tax abatements or exemptions, subsidies, and other incentives to firms that set up operations in their regions.

Import Control

The government levies customs duties on some goods entering Japan. In order to import goods, customs clearance must be obtained. This procedure includes import and quarantine controls on certain goods.

Exchange Control

A vast majority of industries in Japan have been liberalized from trade barriers and are welcoming foreign direct investment. Such investment is treated as “foreign direct investment in Japan” under the Foreign Exchange and Foreign Trade Act and is distinguished from financial and portfolio investment. In principle, the submission of ex post facto notification to the Minister of Finance and the Minister(s) with authority over a particular industry is already a sufficient requirement if foreign investors plan to invest in Japan.

Source of Finance

Japan is a major international financial centre with a deregulated environment attracting the cream of the world’s financial institutions and offering a full range of competitive financial services. Japan is a member of the World Bank and Asian Development Bank, which are among the financial institutions that provide loans and grants to a country’s government for the purpose of pursuing capital projects.

Meet the Partners

Naoya-Hayashi

Naoya Hayashi

PKF Hibiki Audit Corporation

Senior Partner

Kengo-Maekawa

Kengo Maekawa

PKF Shiodome Partners

Senior Partner

Hironori-Okada

Hironori Okada

PKF Hibiki Audit Corporation

Senior Partner

Akinari-Tsuchiya

Akinari Tsuchiya

PKF Shiodome Partners

Senior Partner

Masahiko-Tomita

Masahiko Tomita

PKF Hibiki Audit Corporation

Senior Partner

Yuya-Hasegawa

Yuya Hasegawa

PKF Shiodome Partners

Senior Partner

Takashi-Kinoshita

Takashi Kinoshita

PKF Hibiki Audit Corporation

Senior Partner

Ryuta-Sato

Ryuta Sato

PKF Shiodome Partners

Senior Partner

Takahiro-Fujita

Takahiro Fujita

PKF Hibiki Audit Corporation

Senior Partner

Shuske-Hirano

Shusuke Hirano

PKF Shiodome Partners

Senior Partner

Yumiko-Sasaki

Yumiko Sasaki

PKF Hibiki Audit Corporation

Senior Partner

Hideki-Sato

Hideki Sato

PKF Shiodome Partners

Senior Partner

Koji-Tanaka

Koji Tanaka

PKF Hibiki Audit Corporation

Senior Partner

Jun-Kurozumi

Jun Kurozumi

PKF Shiodome Partners

Partner

Katsuyuki-Matsumoto

Katsuyuki Matsumoto

PKF Hibiki Audit Corporation

Senior Partner

Satoshi-Sekiguchi

Satoshi Sekiguchi

PKF Shiodome Partners

Partner

Miho-Ishihara

Miho Ishihara

PKF Hibiki Audit Corporation

Senior Partner

Masashi-Arai

Masashi Arai

PKF Shiodome Partners

Partner

Motohiro-Muto

Motohiro Muto

PKF Hibiki Audit Corporation

Senior Partner

Mitsuaki-Kanamori

Mitsuaki Kanamori

PKF Shiodome Partners

Director

Hirotoshi-Kurosaki

Hirotoshi Kurosaki

PKF Hibiki Audit Corporation

Partner

Sota-Yamaguchi

Sota Yamaguchi

PKF Shiodome Partners

Director

Takanori-Nakasuka

Takanori Nakasuka

PKF Hibiki Audit Corporation

Partner

Ryota-Matsuhashi

Ryota Matsuhashi

PKF Shiodome Partners

Executive Officer

Hiroki-Kitagawa

Hiroki Kitagawa

PKF Hibiki Audit Corporation

Partner

Yusuke-Maekawa

Yusuke Maekawa

PKF Shiodome Partners

Executive Officer

Hiroshi-Kobayashi

Hiroshi Kobayashi

PKF Hibiki Audit Corporation

Partner

Satoru-Kobayashi

Satoru Kobayashi

PKF Shiodome Partners

Executive Officer

Haruhito-Urabe

Haruhito Urabe

PKF Hibiki Audit Corporation

Senior Manager

Koichi-Sato

Koichi Sato

PKF Shiodome Partners

Senior Advisor

Yasushi-Miyamoto

Yasushi Miyamoto

PKF Hibiki Audit Corporation

Senior Manager

Hirofumi-Miyake

Hirofumi Miyake

PKF Shiodome Partners

Senior Manager

Masami-Fujimura

Masami Fujimura

PKF Hibiki Audit Corporation

Manager

Tomoya-Kakimi

Tomoya Kakimi

PKF Shiodome Partners

Manager

Shuichi-Kobayashi

Shuichi Kobayashi

PKF Hibiki Audit Corporation

Manager

Ryo-Mitsui

Ryo Mitsui

PKF Shiodome Partners

Manager

Shinya-Hagihara

Shinya Hagihara

PKF Hibiki Audit Corporation

Manager

Naoki-Kametani

Naoki Kametani

PKF Shiodome Partners

Manager

Kiminori-Funaki

Kiminori Funaki

PKF Hibiki Audit Corporation

Manager

Akira-Horii

Akira Horii

PKF Shiodome Partners

Manager

Kunihito-Takei

Kunihito Takei

PKF Hibiki Audit Corporation

Manager

Michitaka-Haga

Michitaka Haga

PKF Hibiki Audit Corporation

Manager