You will grow in Nagoya because ofits good access to transportationnoitaLoc

Situated in the middle of Japan!
Excellent access from the rest of Japan andoverseasAYONAG

Nagoya is located in the center of Japan and is the central cityof the Chukyo Economic Zone with a population of about 2.3
million people. Access to both the rest of Japan and abroad is
excellent, taking about 90 minutes to Tokyo and 50 minutes
to Osaka by shinkansen, and direct flights from the Chubu
Centrair International Airport to major cities in China andSoutheast Asia, etc. It is the perfect location for doing business,given that it serves as a node of the expressway network whichis the main artery of land transportation, and has Nagoya Port
which is a major hub for domestic and international logistics,
handling the largest volume of cargo in Japan.

You will grow in Nagoya because of its big projects

Take a leap forwardin growing Nagoya!

erutFuHosting Asia's largest sports festival
Asia's largest sports festival, held every four years, the 20th
Asian Games (Aichi-Nagoya 2026) and Aichi-Nagoya 2026
Asian Para Games will be held in Nagoya and Aichi prefecturein 2026. Asia's top athletes will engage in heated battle,including at the main venue of Paloma Mizuho Stadium.

Opening of the Linear Chuo Shinkansen

Nagoya is located in the center of Japan, where it has grown to be thecenter of the Chukyo Economic Zone, and is now accelerating its growth
into the future.
This is the perfect time to unleash the potential of yourcompany and accelerate growth in Nagoya, a city in which
the town, businesses, and people continue to grow.
Courtesy of Central Japan Railway Company

Travel time between Tokyo and Nagoya will be reducedsignificantly, to about 40 minutes, with the partial opening of
the Linear Chuo Shinkansen from 2027.
Also, when the entire line opens to Osaka inthe future, the three major metropolitan areas
will be connected by about one hour, forming
the world's largest wide-area economic region(super-mega-region) of 70 million people withNagoya as its node.

You will grow in Nagoya
because its city is being renewed

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"Meieki Area," the gateway to Nagoya
Nagoya Station has great access to Tokyo and Osaka, withmore than 1 million passengers using the station every day. Inparticular, the eastern side of the station which connects tothe "Sakae Area" has been rapidly developing as a business
district with the continued construction of skyscrapers in recentyears. Redevelopment is progressing at a fast pace and further
growth is expected as a gateway to Nagoya in preparation forthe opening of the Linear Chuo Shinkansen from 2027.

"Sakae Area," the commercial center of Nagoya

Courtesy of Nagoya Convention and Visitors Bureau

This is Nagoya's representative commercial area, which
is home to many attractive spots such as the symbolic
Chubu Electric Power MIRAI TOWER (Formerly Nagoya
TV Tower), Oasis 21, and Hisaya-odori Park.
The potential of this area as a business
district is increasing, with several large
building complexes scheduled to open
in the future.

You will grow in Nagoya because of
its abundant human resources

namu
Hsecr
re souTop class universities and student numbers
among the 20 Ordinance-designated Cities
There are 24 universities in Nagoya, with more than 100,000
students*, both of which are the second largest among Japan's
20 ordinance-designated cities, many of whom will be looking
to find employment within the prefecture. Universities are
moving into the city and developing new departments, andthis is expected to be a huge advantage for companies looking
to acquire human resources.

Creation of startups out of universities and the promotionof industry-academia-government collaboration
There are active efforts underway to create university-based
startups, including "Tongali," an entrepreneur development
project by a consortium of universities in the Tokai area.
Nagoya Science Park also has a concentration of publicresearch institutions and R&D companies, promoting
research and development through industryacademia-government collaboration.
*Basic School Survey 2022 (Final Report)

You will grow in Nagoya because ofconnections with many companies

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Location of about 80,000 companies
There are about 80,000 companies in Nagoya, employing
more than 1.45 million people. The economy is active, withtotal company sales reaching about JPY53 trillion*.

Holding large-scale industrial exhibitions
Nagoya has well-equipped large-scale exhibition halls such as
the Nagoya International Exhibition Hall (Port Messe Nagoya),where exhibitions such as Japan's largest cross-industry
exchange exhibition "Messe Nagoya" are held, creating
opportunities to start new businesses.

A new hub for exchange and co-creation
Nagoya Innovator's Garage has been set up in the Sakae
Area as a hub for creating innovation and exchange, and thestartup development hub, Nagono Campus is establishedin the Meieki Area, supporting company exchanges andco-creation.
*Economic Census 2021 - Activity Survey (Final Report)

You will grow in Nagoya because of
its friendliness to workers and families

LifePeace of mind for families raising children(Children's medical expense subsidy system)
Subsidies are provided for out-of-pocket children's medical
expenses until the end of the fiscal year in which they turn 18, andin principle, medical institutions in Aichi prefecture can be used
free of charge with a child medical certificate.

Helping families raise their children (Twilight School)
Elementary school facilities are used after school etc., for a
project that fosters the independence, sociability, and creativityof children through playing, learning, experience, and interaction.

Great for families raising children(Fulfilling educational facilities)
There are many appealing educational facilities in Nagoya, including theworld's largest planetarium dome in the Nagoya City Science Museum,the Higashiyama Zoo and Botanical Gardens which boasts the largest
number of animal species on display in Japan, thePort of Nagoya Public Aquarium, the Nagoya City ArtMuseum, and the Nagoya City Museum.

troppu
SAn extensive array of subsidies are available to support
companies expanding into Nagoya.

List of subsidies

Eligible Companies

Subsidy Details

There is a list of subsidies that support the expansion of businesses.
For details, please see the "Nagoya Business Advancement Support Site"
subsidy information page.

Companies relocating their head office functions to theCity of Nagoya

Companies building a new head office, offices, factories,
or research facilities in the City of Nagoya

Subsidy for promoting the relocation of head office functions, etc.

Industrial location reinforcement promotion subsidy

RentalUp to 50% of building rent expenses (36 months) (up to JPY100 million)

Owned

Up to 12% of building construction or acquisition expenses (up to JPY1 billion)

SharedAdditions

Up to 50% of relocation expenses and equipment purchase expenses, etc.
Additional cost of head office relocation registration (up to JPY5 million)
Additional employment expenses (up to JPY1 million per person)* Head office functions include the company's decision-making body as well as departments that oversee company-wide operations.
* Subsidy amounts and requirements (total floor area, number of employees, and required investment) depend on the area relocatingfrom (Tokyo's 23 wards, other areas) and company size (SME, large company).
* Applications must be made at least 30 days before the subsidized project start date (rental contract date, construction contract date).
* Companies that have been established for less than five years and those relocating from Aichi, Gifu or Mie prefectures are not eligible
for this subsidy.

Eligible Companies

Companies establishing a new head office (all industries)

Companies relocating their head office functions to the City of Nagoya
Eligible Companies

Companies building new offices, factories or research facilities (information andcommunications/manufacturing industries)

Subsidy Details

10% of the taxable value of fixed asset/urban planning taxes for facilities eligible forsubsidies (up to JPY500 million)* Subsidy requirements (amount of investment, number of employees) differ for each type and size of company (SME, large companies).
* If a company that has had its head office in the City of Nagoya for 50 years or more rebuilds its head office, the subsidy rate will be 20%.
* In the case of factories and research facilities, machinery and equipment with a unit price of JPY10 million or more are also eligible forsubsidy.
* Applications must be made at least 30 days before the start of construction.
* In principle, companies established for less than three years are not eligible for this subsidy.

Companies opening their first office in the City of Nagoya

Companies moving into incubation facilities
in the City of Nagoya

Subsidy for the promotion of business advancement into the City of Nagoya

Urban industrial research facility opening subsidy/reduction system

ICT companies, foreign companies, startup companies, growth companies

Eligible Companies

Companies moving into next phase incubator facilities in the City of Nagoya● Nagono Campus● Nagoya Business Incubator (Navi Kanayama/Shirakane)● Design Lab● Creation Core Nagoya● Nagoya Life Science Incubator (NALIC)● Science Exchange Plaza Incubator

Subsidy Details

30% of facility rent (subsidy/reduction)
up to 60 months/JPY1.5 million per year

50% of office rent (12 months) (up to JPY10 million)
Subsidy Details

Additional cost of head office relocation registration (up to JPY1 million)* "Growth Companies" are companies with JPY10 million or more of capital and JPY100 million or more of most recent sales, or JPY10million or more of ordinary income.
* Subsidy requirements differ for each type of eligible company (total floor area, number of employees, number of years sinceestablishment).
* Applications must be made by the day before the rental contract date of the subsidized facility.
* In principle, companies established for less than three years (excluding start-ups) or companies with an existing office in the City ofNagoya are not eligible for this subsidy.

* SMEs established within the last five years are eligible.
* Requirements such as target industry apply differently to certain facilities.

Contact:

Infonoitrma

Domestic and International Industrial & Commercial
Properties Division, Innovation Promotion Department,
Economic Affairs Bureau, City of Nagoya

TEL.052-972-2423
F A X : 052-972-4135
MAIL : a2423@keizai.city.nagoya.lg.jp

Nagoya Business Advancement Support Site

https://nagoya-potential.jp/en/