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Showing posts from May, 2019

Further development expected around Nagoya Station with large scale projects ongoing

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Linear Chuo Shinkansen fastens redevelopment around Nagoya Station In preparation for the opening of the new high speed rail way, Linear Chuo Shinkansen, in 2027, redevelopment around Nagoya Station is in progress. Nagoya City, the largest city in the Chubu region, is planning large scale investment to promote redevelopment projects before the opening of the Linear Chuo Shinkansen. In December last year, Nagoya City announced the amount of investment for the projects will be 200 billion yen. In addition, it plans to call on Japanese government and Aichi prefecture for financial support because it should be a national project with its economic effect spreading around the country, not limited to Nagoya alone. The draft of the redevelopment plan which the city showed to the city council forecasted the total project cost would be over 200 billion yen. This draft included an underground road on the west side of Nagoya Station to improve access to the expressway

Aerospace industry located in the Chubu region

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  Aerospace industry and ongoing projects in the Chubu region The global demand for jet aircrafts is expected to more than double over the next 20 years and the aerospace industry is also expected to keep growing.  Many companies in aerospace industry are located in the Chubu region producing 50% of Japan's aircraft parts and products. Major Japanese aerospace companies including Mitsubishi Heavy Industries and Kawasaki Heavy Industries, which represent Japan’s aerospace industry have large factories with state of art facilities in this area.  In addition, Gifu base of Japan Air Self Defense Force, which is known as Japan's oldest airfield, is also located here. Taking advantage of this background, development and production of Mitsubishi Regional Jet (MRJ), often recognized as a symbol of the revival of domestic produced jet airliners, are ongoing in this region. Boeing 787 aircraft, the next generation passenger plane, and domestic produced ro

Chubu region, the home of Japanese manufacturing industry

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Chubu region is located at the center of Japan, consisting of Aichi Prefecture, Gifu Prefecture, Mie Prefecture and several other prefectures. It has been regarded for long as a source of Japanese industry’s competitiveness because of a high concentration of the world's leading manufacturing industries, such as aerospace industries, automobile industries and highly advanced material industries. The value of manufactured goods shipment from the region exceeds 20% of Japan although it has only about 10% of population and land area of the country. Nagoya Port, the region’s shipment hub has the largest trade volume in the nation thanks to the activities by many cars and auto parts manufactures in the region. In addition, Chubu region has become a stage of many turning points in Japanese history such as the battle of Sekigahara, and many Japanese leaders including Nobunaga Oda, one of the most famous warlords were born. This photo shows a panoramic view of

Opportunities in Japan

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In Japan, where population and birthrate are declining, communities around the country are aging rapidly. It is one of main reasons that many investors are pessimistic about long-term investment in Japanese stocks. In order to maintain economic growth of Japan, it is necessary to improve productivity by innovation. In addition, it is also necessary to respond to the medical and nursing needs for elderly people as the population ages. On the other hand, these circumstances may present us vast opportunities for future growth and investment. Some overseas investors may find these opportunities in Japan from this perspective. The increasing number of tourists coming to Japan from overseas may also show the vast opportunities to be discovered taking advantage of its long history, attractive traditional culture and beautiful nature. As a consumer and investor living in Japan, I gather and disseminate information to long-term foreign investors who think of