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August 08,2012

Japan Business Forum 2012 (3/11) - Guest Remarks by Mr. Teruhiko Mashiko

 Guest Remarks by Mr. Teruhiko Mashiko, Member of the House of Councilors, during the Japan Business Forum on July 17, 2012. For more post-event information, visit www.jetro.org/jbf2012.
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August 08,2012

Japan Business Forum 2012 (2/11) - Video Message from Mr. Yoshinori Suematsu

 Video Message from Mr. Yoshinori Suematsu, Senior Vice Minister for Reconstruction, followed by a presentation "From Recovery, to Revitalization" by Mr. Daiki Nakajima of JETRO New York during the Japan Business Forum on July 17, 2012. For more post-event information, visit www.jetro.org/jbf2012.
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August 08,2012

Japan Business Forum 2012 (1/11) - Welcome Remarks by Mr. Hiroaki Isobe

 Welcome Remarks by Mr. Hiroaki Isobe, Executive Vice President of JETRO, during the Japan Business Forum on July 17, 2012. For more post-event information, visit www.jetro.org/jbf2012.
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@USTradeRep: Negotiating Objectives: Japan's Participation in the Proposed Trans-Pacific Partnership Trade Agreement http://t.co/AWGI1zJjbt
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Don't forget to follow us for tomorrow's Asia-Pacific Economic Integration Seminar in Chicago http://t.co/vHWcharkFm
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Thanks to all that attended today's Asia-Pacific Economic Integration Seminar in Wash. DC. Thanks to @CSIS for providing the live stream.
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Thank you to Wendy Cutler, Assistant @USTradeRep for Japan, Korea, and APEC Affairs, for the Luncheon Address @CSIS #CSISJETRO
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Wendy Cutler: We're excited about Japan joining the TPP #CSISJETRO
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Wendy Cutler: TPP enjoys 55% support amongst the public in Japan #CSISJETRO
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Cutler: Opening the agriculture sector will be difficult but Japan has agreed to put all products on the table for discussion. #CSISJETRO
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Wendy Cutler: Based on current work, we feel confident on the road map ahead between U.S. and Japan on the TPP #CSISJETRO
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Wendy Cutler: Announced bilateral negotiations on non-tariff measures that will start when Japan joins TPP #CSISJETRO
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USA -> Japan

[Japanese Fiscal Year 2013] Subsidy Program for Projects Promoting Asian Site Location in Japan

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April, 2013 – The Japan External Trade Organization (JETRO) is currently promoting the annual Japanese subsidy program: Subsidy Program for Projects Promoting Asian Site Location in Japan. The application deadline is Monday, June 3rd, 2013, at 12:00PM (Japan time).

The program is coordinated by the Ministry of Economy, Trade and Industry (METI) of Japan, aiming at proactively inviting high-value-added businesses to the Japanese market. This highly-competitive Japanese subsidy program provides incentives of up to 500 million yen to global companies who are planning to establish business operations in Japan such as Regional Headquarters or R&D Sites.

Japan, one of the largest economies in the world, remains an attractive location for business and investment, with exceptionally highly-skilled workers among its advantages. In the past two years, METI has funded fourteen projects from companies around the globe including the following U.S.-owned companies (in alphabetical order):

    2012: GE Japan Limited, Johnson & Johnson K.K., Tenneco Japan Ltd.
    2011: 3M Health Care Ltd., NeoPhotonics Japan G.K., Nihon Cabot Microelectronics K.K.
This subsidy program demonstrates the Japanese government’s serious commitment to helping foreign companies do business in Japan. The subsidy lowers a company’s overall costs of entering the Japanese market, which should encourage the company to invest in their Japanese location.


SUBSIDIZED PROJECTS

  • Projects eligible for the subsidy shall be those for establishing a new Regional Headquarters or R&D Site in Japan. However, the relocation and consolidation of existing sites in Japan are not eligible for the subsidy.
  • The relevant headquarters' operations or R&D activities must continue for a minimum of 3 years after the end of project period.
  • The investment plan must not have been publicly announced, nor the placing of orders, making of contracts, etc. been undertaken prior to the cabinet approval of the “2013 General Account Budget Bill” (January 29th, 2013).

ELIGIBLE COMPANIES

Private enterprises must satisfy all of the requirements below:
  • Belong to a corporate body consisting of group companies that are operating an actual business in two or more countries
  • Have corporate status in Japan
  • Establish a new site for Regional Headquarters or R&D in Japan
    • * Foreign corporations (including branch offices in Japan) must have corporate status in Japan by the time of submitting the grant application if their site is selected by this subsidy program.

SUBSIDIZED COSTS

  • Survey design costs (Survey and design costs needed for building, refurbishment or facility installation)
  • Facility costs (Costs required for purchasing, building or refurbishment of facilities, including integrally developed facilities)
  • Equipment costs (Costs needed for purchasing, and setting up equipment and software)
  • Facility rental charges (Costs needed for leasing facilities)

SUBSIDY RATES

Up to one-half for SMEs; up to one-third for non-SMEs; up to two-thirds for those establishing a site in the disaster afflicted zones (Limit: 500 million yen)


REFERENCE: SELECTED PROJECTS IN FY2012 & 2011


APPLICATION PERIOD

Monday, April 1st, 2013 to Monday, June 3rd, 2013 (12:00 pm Japan Time)

* Application forms must be submitted by mail or in person to the following Secretariat in Japan:
    Ministry of Economy, Trade and Industry (METI)
    Trade and Investment Facilitation Division, Trade and Economic Cooperation Bureau

APPLICATION DOCUMENTS

Documents are available on the METI website:

APPLICATION / INQUIRIES

JETRO, a government-related organization, helps foreign companies to set up locations in Japan. For questions about the subsidy program, please contact your nearest JETRO office in the U.S. and Canada: