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125 foreign cos utilize JETRO Services to set-up business in FY2007

28
May '08
In FY2007 a total of 125 foreign firms utilized JETRO support and services to set-up a business in Japan, an increase over the figure recorded in FY2006 (115).

By region, the majority of these new firms are from Europe (48 firms[Germany 17, U.K. 8, France 7, etc]), Asia/Pacific (40 firms[China 18, Korea 7, Australia 5, India 3, Singapore 3, etc] and North America (34firms[U.S. 31, Canada 3]).

These new entrants are spread across a wide range of industries, including software/content (24), services (24), machinery & equipment (16) and automobile & automobile parts (14); other categories include electrics & electronics, clothing and accessories, telecommunication equipment, food, general consumer goods and medical treatment and nursing, etc.

Particularly in FY 2007, many European and the U.S. automobile-parts corporations set-up businesses in Aichi and Kanagawa prefectures.

Two notable trends emerged among the firms that utilized JETRO to enter the Japanese market in recent years 1) Half of the companies are setting up offices in regions across the country other than in Tokyo (2); and 2) the number of firms from Europe and Asia/Pacific are on the rise.

Japan External Trade Organization


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