Indian Industry

Country Profile

Japan
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Japan, an eastern asian country, comprises of over 3000 islands. It shares its borders on eastern region with china, russia and korea. Japan is dissipated on the total area of 3,77,835 sq km. Japan has pro actively participated in who, un, iea and asean groups. Emerged as one of the indubitable winner in the international world sector, japan has shown a massive rise in its GDP with $4.346. USA, china, south korea, taiwan and hong kong are the major exporting countries. Japan has witnessed a massive rise in its export amount, which has crossed the mark of $665.7 billion.

Snapshot

Official Name - Japan (JA)
Capital City - Tokyo
Type of Government - Constitutional Monarchy
Currency - Yen (¥) - JPY
Fiscal Year - 1 April - 31 March
Official Language(s) - Japanese
Local Time - GMT + 09:00
International Dialling Code - +81
Internet Domain - .jp
Major Cities - Yokohama, Osaka, Nagoya, Sapporo, Kyoto
Major Industries - High-Tech Electrical and Electronic Products, Machinery and Equipment, Motor Vehicles, Office Machinery, Chemicals, Steel, Textiles, Processed Foods, Metals and Metal Products.
Major Trading Partners - USA, Hong Kong, Taiwan, South Korea, Germany, China
Double Taxation Treaty with India - YES



Economic Overview
  • Industrialized free-market economy.
  • Third largest economy in the world by purchasing power parity and second largest by market exchange rates.
  • Largest manufacturer of machine tools in the world.
  • Leading automobile manufacturer and most important steel maker.
  • One of the major fishing nations in the world.
International Trade
Major Export Items
Transport Equipment, Motor Vehicles, Semiconductors, Machinery, Textiles, Chemicals, Foodstuffs, Non-Metallic Mineral Manufactures, Metals, Transport Equipment.

Main Destinations of Exports
US, China, South Korea, Taiwan, Hong Kong

Major Import Items
Machinery and Equipment, Fuels, Foodstuffs, Chemicals, Clothing and Accessories, Raw Materials, Mineral Fuels, Semiconductors, Audio Visual Apparatuses.

Main Origins of Imports
China, US, South Korea, Australia, Indonesia, Saudi Arabia, UAE

Contacts of Trade Ministries/ Associations

Ministry of Economy, Trade and Industry Japan External Trade Organization (JETRO)
1-3-1 Kasumigaseki,
Chiyoda-ku Tokyo 100-8901
Tel.: +(81)-(3)-35011511
E-mail: webmail@meti.go.jp
Website: www.meti.go.jp

Ark Mori Building, 6F 12-32
Akasaka 1-chome, Minato-ku
Tokyo 107-6006
Tel.: +(81)-(3)-35825511
Website: www.jetro.go.jp

Oita Foreign Trade Association Inc. Japan Foreign Trade Council, Inc.
Oita International Trade Center Building
4FL, 6 Ozai, Oita City
Oita-Prefecture 870-0266, Japan
Tel.: +(81)-(97)-5925932
Fax: +(81)-(97)-5933338
E-mail: info@oita-fta.jp
Website: www.oita-fta.jp

6th Floor, World Trade Center Bldg.
4-1, Hamamatsu-cho 2-chome
Minato-ku, Tokyo 105-6106, Japan
Tel.: +(81)-(3)-34355972/ 5964
Fax: +(81)-(3)-34355979
E-mail : mail@jftc.or.jp
Website: www.jftc.or.jp

Business Visa Rules
Business visitor visas are known as "Temporary Vistior or Short-Term Visa" in Japan. The allowable activities of business visitors are limited to the following:
  • Business Meetings or Conferences;
  • Market Surveys;
  • Business Liaison;
  • Contract Signing;
  • After-Sales Service
The basic requirement for obtaining business visitor visa are the following:
  • Applicant must have a residence and an employer outside of Japan, and must be traveling to Japan for a defined, limited pre-set period, not to exceed 90 days.
  • Applicant may not receive compensation from sources within Japan and must be employed and paid by their home country employer during the period of the visit. However, Business Visitors may accept meals or costs of sight-seeing or other entertainment as gestures of courtesy or gifts, provided these are not tantamount to being paid or employed by a party other than the visitor's home country employer.
  • Applicant must have proof of adequate funds to defray expenses while on the visit.
  • Applicant must have specific, realistic and pre-determined plans for his or her stay in Japan.
  • The period of stay must be consistent with the intended purpose of the trip.
Note :- The maximum period of the visa validity is 90 days within a given 365 days period and it is not extended.

Business Hours
9.00 am to 3 pm - Banks (Monday to Friday)
Note :- It is quite difficult to find cash machines that accept non-Japanese credit cards.

Public Holidays

Festival Date Detail
New Year 1 January
Coming-of-Age Day Second Monday of January All people who turn 20 this year are celebrated on this national holiday.
Setsubun February 3 This traditional holiday marks the beginning of the season of spring.
National Foundation Day February 11
Valentine's Day February 14
Hinamatsuri March 3 Not a national holiday. Also known as Girls' Festival, Momo no sekku (the Peach Festival).
White Day March 14 The reverse of Valentine's Day, when a man buys his special woman a treat. Not a national holiday.
Vernal equinox Around March 21 A national holiday.
Flower Festival April 8 Buddha's birthday.
Greenery Day April 29 It is also the start of Golden Week.
Constitution Memorial Day May 3
"Between Day" May 4 When a day is sandwiched between two national holidays, that day shall also become a holiday.
Children's Day May 5 Also known as Boys' Festival, Tango no sekku (the Iris Festival).
Tanabata July/August 7 Not a national holiday. Also known as the day of the Star Festival.
Marine Day Third Monday of July
Bon Festival July/August 13-15 Not a national holiday though many companies close their offices.
Respect for the Aged Day Third Monday of September
Autumnal equinox Around September 23
Health and Sports Day Second Monday of October Created in 1966 after the opening day of Tokyo Olympics.
Culture Day November 3
Shichi-Go-San November 15 A Shinto holiday celebrating a child's accomplishment of achieving the critical ages of 3, 5, or 7. Not a national holiday.
Labour Thanksgiving Day November 23
The Emperor's Birthday December 23
Christmas December 24-25 Not a national holiday.
Omisoka December 31 Not a national holiday.
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