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Top The Capital City, Tokyo - Present and Future

The Capital City, Tokyo - Present and Future

The capital of Japan, Tokyo is Japan's largest major economic zone. It is an enormous market with various and advanced needs and is home to companies in all types of industries and businesses, as well as universities and research institutions. As a hub of information and international business exchange, the environment that Tokyo provides is a source of new industrial vitality.

Tokyo sub-center areas.

In preparation for the 2020 Tokyo Olympic and Paralympic Games, financial resources, human resources, and companies from around the world are expected to assemble in Tokyo, transforming it even further into a city that is open to the world. You can expect a number of business opportunities in Tokyo. Here are some of the advantages to this location.

People and offices are concentrated in Tokyo

With over 13.35 million people, Tokyo accounts for about 10% of the population of Japan. If commuters living in other prefectures who come to Tokyo for work or study are included, Tokyo's midday population exceeds 15.58 million.<table 1>

As of February 1, 2012, Tokyo has 627,357 offices, more than 10% of the offices in Japan. It also has 8,655,267 employees - accounting for about 15.5% of Japan's workforce.<table 2>

Sales at these offices (revenue) amounts to ¥359.8190 trillion, and added value amounts to ¥55.6384 trillion, with Tokyo accounting for more than 20% nationwide for both figures.<table 3>

Tokyo's total production (nominal) is ¥85 trillion, accounting for about 18% of Japan. In addition, the main branches and headquarters of 16% of Japan's corporations are located in Tokyo. It also accounts for 54.7% of Japan's companies capitalized over ¥5 billion.

Diverse industry

In terms of Tokyo's national share by industry, the "Information and Communications Industry" holds the top spot at 32.4%. Next in line are the "Academic Research, Professional, and Technical Service Industry" with 18.7% and the "Real Estate and Leasing Industry" with 15.4%.<table 4>

Furthermore, with its concentration of financial institutions, Tokyo can be considered a suitable environment for companies' economic activities.

The "Special Economic Zones" that strongly back up business in Tokyo

Tokyo, the capital of Japan, functions as a hub for business in Asia. Corporations from various industries are concentrated in Tokyo, including the headquarters of global corporations, so it has the people, resources, finances, markets, information, and infrastructure necessary for businesses to succeed.

With the internationalization of the centrally located Haneda Airport, access to major cities including those in Asia continues to improve.

Based on this, in order to further improve its business environment as a global business city open to the world, Tokyo is utilizing the country's "Special Economic Zones" system to work on tax incentives, financial support, and deregulation.

  Special Economic Zones

Source:
Tokyo Metropolitan Government, Bureau of Industrial and Labor Affairs, Industry and Employment in Tokyo - A Graphic Overview -, 2015 Tokyo Metropolitan Government, Statistics Division Bureau of General Affairs, Economic Census-Activity survey, 2012