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Economy

Global Development of Industry

In Aichi, there are many globally competitive organizations and corporations engaged in the fields of manufacturing and environmental technology. We are confident that their aggressive global development will not only provide local benefits, but also make significant contributions to the world economy and society.

Having signed comprehensive economic partnership agreements with Vietnam and Jiangsu, China (one of Aichi’s sister states), the prefecture is currently supporting corporations entering the international market. Aichi is particularly recognizing companies that excel in manufacturing through its “Aichi Quality” project, providing PR assistance for presentations at trade shows and exhibitions in Japan and overseas.

Meanwhile, Aichi aims to achieve even stronger integration of its wide-ranging automotive, aerospace, and machine tools industries by using its three overseas offices (Paris, San Francisco, and Shanghai) to draw foreign enterprises to the prefecture, as well as applying the activities of the Greater Nagoya Initiative (GNI) to attract the best corporations, workers, and technology that the world has to offer.

We have also established the Aichi-Nagoya International Business Access Center (I-BAC) to provide the information and advice that foreign companies need when expanding into Aichi.

In recent years, foreign countries have expressed increasing enthusiasm for Japanese food, and as its popularity increases, so does the demand for Japanese agricultural products. Aichi, also one of Japan's agricultural leaders, is focusing aggressively on boosting agricultural exports in a wide variety of ways, such as working together with producers to present high-quality, safe agricultural products at foreign trade shows.

Next-Generation Industry

To meet a growing demand for aircraft in the future, the Aichi area is taking part in a joint international project for the development of next-generation Boeing 787 passenger planes, and is at work on the MRJ (Mitsubishi Regional Jet), a passenger jet aircraft seating 70-90 passengers. The domestic H-ⅡA and H-ⅡB rockets are also produced in Aichi. In time, we hope aerospace will stand with the automotive industry at the core of regional industry. The Prefecture aims to be a center for the aerospace industry where design, development, production, sale, and maintenance are all carried out.

In light of Japan’s rapidly aging society and the ever-increasing interest in health, areas tied to health and longevity — medical devices, assistive devices, and regenerative medicine — are expected to demonstrate remarkable growth. The Aichi area has attracted many members of the medical and welfare industries, businesses dealing with health-related machinery and devices, and even corporations involved in research and production in the regenerative medicine field. In addition, researchers at Aichi’s National Center for Geriatrics and Gerontology, the only medical facility in Japan dedicated to the theme of longevity, are pressing forward in their work on pioneering medical technology.

In these manufacturing industries, there is marked demand for technological innovation at the nano level. Aichi, which continues to lead Japan’s industry, is establishing the “Knowledge Hub,” a center for the creation and dissemination of next-generation production techniques. The Knowledge Hub provides a place for production, education, and government to unite in joint research and development, supports developing research, offers a synchrotron light facility — essential to advanced research and testing in nanotechnology and other fields — and, in cooperation with local colleges and universities, encourages technological research related to high-value-added products and materials.

Linear Chuo Shinkansen

Using a superconducting Maglev linear motor car — expected to be a key component of next-generation ultrafast mass transit — the “Linear Chuo Shinkansen” will travel at speeds of 500 km/h to link Tokyo, Nagoya, and Osaka in about 1 hour. Operation between the Tokyo and Aichi areas are scheduled to begin in 2027.

Aerospace Industry

The Aichi Prefecture region accounts for roughly 50% of Japan's total aircraft production value, as workers produce the main parts of Boeing’s next-generation passenger planes, develop domestic jets, and more.

Automobile Industry

The Prefecture is home to Toyota and numerous other main plants and group corporations, which help cement its reputation as “Aichi: A Prefecture Built on Manufacturing.”

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