At a glance
| Booth | Q6134 |
| Country | JP |
| Website | www.pref.miyagi.jp/site/invest |
Company profile
Miyagi Prefectural Government presents Miyagi as the center of the Tohoku area, with a direct flight from Taiwan taking about 4 hours. Sendai, the capital of Miyagi, is home to Tohoku University, an integrated research institution described as ranked No.1 University in Japan by Times Higher Education for 5 years. In 2024, Tohoku University was selected for the first accreditation as a University for International Research Excellence by the Japanese government, alongside efforts to accelerate international activities. Technology Co-creation for Semiconductor of Tohoku University brings research hubs and companies together to promote co-creation around a future vision of society. NanoTerasu, identified as Japan's first 3 GeV synchrotron-radiation facility, opened in 2024. Miyagi has 30 industrial parks, with 80% accessible within 10 minutes from expressways, together with abundant and stable industrial water, an international airport, and a trading port that support semiconductor industry activity.
Exhibits
Miyagi Prefectural Government promotes Miyagi as a destination for international business and foreign direct investment and works to provide a pro-business environment for company growth and expansion. Miyagi is located 300 kilometers from Tokyo and is described as a center of the Tohoku region in population, GDP, and other indicators. The prefecture combines city and natural environments with nature, culture, and food, and presents this living environment as one reason companies establish operations there. International shipping and trade routes, bullet-train and rail connections, and domestic and international flights connect Miyagi with other markets. Miyagi has numerous higher-education institutions, and Sendai is regarded as an academic city that attracts young people from across Tohoku for study opportunities. Business costs are presented as lower than in other Japanese cities, with industrial and residential land costs described as among the lowest in Japan and remaining below average. Miyagi's economy includes agricultural, forestry, fishing, commercial, and manufacturing activity, with manufacturing growing as companies accumulate in the region. Electronics and electronics-related products account for 30% of the prefecture's shipment of manufactured products, and Miyagi notes a historical connection between academic research institutions such as Tohoku University and industry. The Miyagi Advanced Electronics Industry Promotion Committee was established to advance trade among businesses in the prefecture's advanced-electronics industry and integrate related industries. Miyagi also operates an automobile-industry promotion initiative, and after Toyota Motor East Japan established its headquarters in Miyagi in 2012, automobile-parts factories developed rapidly. Food manufacturing has expanded around the largest consumption area in Tohoku and a broad base of agricultural, forestry, and fishery products. JETRO Sendai and Miyagi Prefecture gather and publish information on trading companies in the prefecture to promote trade and international economic exchange. Miyagi offers tax incentives and subsidy programs and has a dedicated team to advise companies on using benefits available at national and local levels. Named subsidy programs include the Miyagi Business Establishment Subsidy, the Miyagi Information and Communication Technology Business Establishment Subsidy, and the Miyagi Tech Startup Company Establishment subsidy. Tax-incentive programs listed include Zones for Private Investment Promotion under the national-government system and a benefits system for relocation and expansion of headquarters operations. Working with relevant organizations, Miyagi Prefecture provides comprehensive support for overseas businesses planning to expand into the prefecture. The prefecture can arrange meetings with universities and suitable business partners according to company needs, with transportation and interpretation support available during a visit. About 30 industrial areas are available, and Miyagi can introduce a location suited to a company's requirements while also working with real-estate agents to provide information on offices and other vacant buildings. Recruitment support includes information on university career centers and job fairs, while procedural support can include introductions to relevant experts for complex administrative steps.
Capabilities and products
- comprehensive expansion support for overseas businesses
- subsidy and tax-incentive advisory
- university and business-partner matchmaking
- transportation and interpretation support for business visits
- industrial-area and office-site introduction
- employee-recruitment information support