Best Location in Japan to Launch your Business
Japan is great to set up a business in 2023, with many enticing locations. Its growing economy and excellent infrastructure offer a wealth of opportunities for businesses to thrive.
With its large population, businesses have access to many potential customers and partners as well as exploring potential market, is much more achievable especially for local and foreign SMEs.
Fun fact: Osaka was once the capital of Japan.
Here are the top three business locations in Japan in 2023 that are excellent for entrepreneurs to consider.
Tokyo – The busiest capital
Tokyo is the biggest city in Japan and the country’s economic center. It is home to some of the world’s top companies, like Nintendo, Toyota, Canon, and Sony. With a population of over 13.6 million people and a high concentration of business activity, Tokyo is a perfect place to start a business. In 2022 data, Tokyo ranked 15th as one of the Leading cities for startups worldwide. The city offers excellent transportation and communications networks. You can also find the world’s top universities and research centers here. One of the greatest advantages of setting up a business in Tokyo is access to venture capital and investment opportunities.
Osaka – The economic powerhouse
Fun fact: Osaka was once the capital of Japan.
It is the second-largest city and the main commercial center of the Kansai region. It is the major Japanese textile center and is usually referred to as the “Manchester” of Japan.
With a population of over 8.9 million people and a highly developed infrastructure, Osaka is an ideal place to start a business. You will find in Osaka the infamous Universal Studios in Japan and the Tempozan Ferris Wheel (one of the world’s largest Ferris wheels) and many other tourist attractions and businesses.
Nagoya – The Industrial City
Nagoya is the fourth largest city in Japan (Yokohoma, Tokyo is the second) and the capital of Aichi Prefecture. Nagoya serves as a major port and transportation hub for those traveling through the Chubu area of Japan. It is a popular tourist destination due to its abundance of attractions, like three museums dedicated to Toyota, a railway park, and a science museum with the largest planetarium in the world.
It has a population of over 2.3 million people. The city has a well-developed infrastructure and is home to several research facilities and universities. It is famous for having Toyota Motor Corporation, Noritake Co., Ltd., and MORI SEIKI CO., LTD.
These top three business locations provide entrepreneurs access to a wide range of investment opportunities, modern infrastructure, and vibrant business culture. These locations are ideal for entrepreneurs who start businesses and make the most of the country’s unique economic and cultural advantages. With that, contact us for more business guides on setting up a business in Japan.
"Otsumami" - a bite size snack:
*Japan is a very business-friendly country with a highly skilled and educated workforce, excellent infrastructure, and an excellent international reputation.