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Basic Information about Japan

Basic Information regarding business with Japan such as Key Facts, Map, National Holidays, Merit of Doing Business with Japan, Travelling to Japan, Visa Information, Business Manners in Japan, and Useful Links.

Key Facts

Official Name Japan
Head of the State

Chief of State Emperor AKIHITO Prime Minister Shinzo ABE

Capital Tokyo
Major Cities Tokyo, Yokohama, Osaka, Nagoya, Sapporo, Kobe, Kyoto, Fukuoka, Kawasaki, Saitama, Hiroshima, Sendai and Kitakyushu
Area Total: 377,915 sq km
Land: 364,485 sq km
Water: 13,430 sq km
Population 128 Million
Ethnic Groups Japanese 98.5%, Koreans 0.5%, Chinese 0.4%, other 0.6%
Religion Shintoism 83.9%, Buddhism 71.4%, Christianity 2%, other 7.8%
Annual per capita income $37,800 (2014 est.)
GDP 1.3% (2014 est.)
Currency Japanese Yen
Imports Petroleum 15.5%; liquid natural gas 5.7%; clothing 3.9%; semiconductors 3.5%; coal 3.5%; audio and visual apparatus 2.7% (2011 est.)
Exports Motor vehicles 13.6%; semiconductors 6.2%; iron and steel products 5.5%; auto parts 4.6%; plastic materials 3.5%; power generating machinery 3.5% (2012 est.)
Languages Japanese
Literacy Rate 99%
Government A parliamentary government with a constitutional monarchy
Major Crops Rice, Soybeans, Wheat, Barley
Industry Automobiles, consumer electronics, computers, semiconductors, copper, iron and steel. Additional key industries in Japan's economy are petrochemicals, pharmaceuticals, bioindustry, shipbuilding, aerospace, textiles, and processed foods.
Sports Baseball, Soccer, Sumo (Wrestling), Judo
Major World Heritages Buddhist Monuments in the Horyu-ji Area,Fujisan, sacred place and source of artistic inspiration, Gusuku Sites and Related Properties of the Kingdom of Ryukyu, Himeji-jo, Hiraizumi, etc

(Source: CIA World Fact Book)

Map

map

National Holidays

Date National Holidays
Jan 1 New Year's Day
Jan 12 Coming of Age Day
Mar 21 Spring Equinox
Apr 29 Shōwa Day
May 3 Constitution Memorial Day
May 4 Greenery Day
May 5 Children's Day
May 6 Constitution Memorial Day observed
Jul 20 Sea Day
Sep 21 Respect for the Aged Day
Sep 22 Bridge Public holiday
Sep 23 Autumn Equinox
Oct 12 Sports Day
Nov 3 Culture Day
Nov 23 Labor Thanksgiving Day
Dec 23 Emperor's Birthday

Merits of Doing Business. with Japan

Japan is a promising market, with a market scale ranking 3rd in the world having GDP of approx 500 trillion yen. Japanese market has sophisticated customers with high purchasing power. Being the world's 3rd largest textile market having garment import of around 40 billion USD in which Pakistans' share is negligible that is only 0.3%. Pakistan still has chance to enter in such a big market. It is usually expected that you can have quick secured payments and long term business relationship once you do business with Japanese customers. Japanese companies of all sizes (from small ventures to major multinationals) produce unique and innovative products and services. Japan's strong technology-based industries offer a multitude of opportunities for foreign companies looking to partner with Japanese firms at all stages. Foreign-affiliated companies have long found their partnerships with Japanese companies to be ones of loyalty and commitment. Such relationships not only provide companies stability in the long-term but also offer cost reduction and quality improvement that often result from combining operational capabilities. Partnerships with Japanese companies enable foreign-affiliated companies to leverage their respective talents, which is vital to remaining globally competitive. Furthermore, Japanese companies emphasize enhancing product development and manufacturing efficiency, making Japan the ideal arena for innovation Japan's attractiveness as an investment destination is increasing, as the government works to improve the business environment. Japanese consumers are early adopters and move fast to stay on the cutting edge of the latest technologies.

Travelling to Japan

Japan Guide  http://www.japan-guide.com/e/e623.html

Outline: The website contains comprehensive, up to date information on traveling and living in Japan.

Visa Information

Japan Embassy in Pakistan  http://www.pk.emb-japan.go.jp/VisitingJapan/GeneralvisaInfo.htm

Outline: The website contains comprehensive knowledge about visa procedure

Business Manners in Japan

Japanese Business Resource  http://www.japanesebusinessresource.com/japanese_business_etiquette/japanese-business- meeting- etiquette/

Outline: The website having enough knowledge about how to do business in Japan

Useful Links

Name of Organization Website / URL
Japan International Cooperation Agency (JICA) http://www.jica.go.jp/pakistan/english/
Japan External Trade Organization (JETRO) http://www.jetro.go.jp/pakistan/
Trade Development Authority of Pakistan (TDAP) http://www.tdap.gov.pk/
Pakistan Japan Business Forum (PJBF) http://pjbf.org.pk/
Japan Embassy at Islamabad http://www.pk.emb-japan.go.jp/
Japan Consulate at Karachi http://www.kr.pk.emb-japan.go.jp/
Ministry of Economy, Trade and Industry, Japan http://www.meti.go.jp/english/
Tokyo Chamber of Commerce & Industry http://www.tokyo-cci.or.jp/english/
Osaka Chamber of Commerce & Industry http://www.osaka.cci.or.jp/e/
Japanese Trade Bodies & Associations http://www.exportfocus.com/business-associations.php?country=Japan