United States-Japan Investment Intaitive Report
1. Regional-Oriented Economic Growth and Quality of Life Improvement
* Strategic transmission of information by region and wide-range cooperation
(Implement wide-range cooperation under the direction of Leaders to achieve efficient and effective transmission of information)
* Revitalization of local economy by the entrance of foreign companies to Japan
(Promote foreign investment in local economy through the reinvestment and secondary investments in Japan by existing foreign companies doing business in Japan)
2. Improvement of an Investment Environment capable of Overcoming Global Competition, etc.
* Improve the investment system to attract foreign companies and investors to invest in Japan amid global competition
(Review of effective corporate tax rate), (Review of regulations on appeal procedure of the Anti-monopoly Act), (To make an effort to rapidly respond to advance inquiries in writing about national taxes
* Improve the system to facilitate M&A
(Enhance approaches to attract foreign-owned enterprises through M&A, which contribute to the continuation and regeneration of domestic companies including small and medium sized companies and expansion of overseas business operations), (Thorough publication of the report on the “Take over Defense Measures in Light of Recent Environmental Changes”)
* Select the sectors and prepare action programs, which are important for the revitalization of Japanese economy and improvement of lives of the nation’s people.
(Prepare the Action Program for Acceleration of Medical Device Review and its early-stage implementation), (Create and implement state-of-the-art medical technology development special zone) (Prepare new major strategies by sector)
* Smooth international capital flow
(Improve the environment by promoting dialogues between the industrial circles and the funds, and by activating the Fund Conference, in order to effectively utilize the funds), (Implement speedy and flexible negotiation of investment agreement and promote actively the conclusion of Economic Partnership Agreement (EPA), which includes the chapter on investment
* Efficient international exchange of human resources and goods
(Accelerate the internalization of Haneda Airport and promote around-the-clock operation of international airports located in metropolitan areas) (Promote air liberalization)
* To improve the environment for foreign residents to live easily in order to attract foreign human assets (improve the facilities and services such as language services at medical institutions, child care facilities, serviced apartments, and international schools in the area where international financial functions are to be enhanced), (Conduct a survey on the current conditions of schools for Brazilian students in Japan)
3. Active internal and external publicity
* Conduct active internal and external publicity to show the position to welcome FDI in Japan
(Prepare a DVD to promote FDI in Japan and an English brochure on the “Five Recommendations toward the Drastic Expansion of Foreign Direct Investment in Japan.”
