Over 200 Japanese Companies Participate in JETRO Food Export Business Meeting at FOODEX JAPAN

In a significant move to boost international trade, over 200 Japanese companies participated in the Food Export Business Meeting at FOODEX JAPAN. This event is crucial for foreign entrepreneurs looking to tap into Japan’s rich food export market. With Japan’s commitment to enhancing its export capabilities, now is the perfect time for foreign businesses to explore partnerships and opportunities in this vibrant sector.

Background & Context

The Food Export Business Meeting, organized by the Japan External Trade Organization (JETRO, Nihon Boueki Shinkoukai), aims to facilitate the export of Japanese food products to emerging markets. This initiative aligns with Japan’s broader strategy to increase its food exports, which have seen a steady rise in recent years. The Japanese government has been actively promoting the export of agricultural and food products, particularly under the Agricultural Production and Export Promotion Act (Nōgyō Seisan to Yushutsu Shien-hō) enacted in 2019. This law encourages the development of export channels and provides support for businesses looking to enter foreign markets. The participation of over 200 companies in this year’s event underscores the growing interest in international trade among Japanese firms, especially in the wake of the COVID-19 pandemic, which has reshaped global supply chains and consumer preferences.

How This Affects Your Business in Japan

Item	Cost (JPY)	Cost (USD approx)	Notes
Company Registration	¥150,000	$1,000	Under the Companies Act
Notary Fee	¥50,000	$350	For document notarization
Visa Application	¥4,000	$30	Business Manager Visa

1. Foreign Residents Already Operating a Business in Japan
For those already in the food sector, this event presents an opportunity to network with Japanese suppliers and explore new export channels. It is advisable to attend similar trade shows and engage with JETRO for support in navigating export regulations. The risk of inaction includes missing out on valuable partnerships and market insights.

2. Foreign Nationals Planning to Establish a New Company
If you are considering starting a food export business, now is an opportune time to leverage the momentum created by events like the Food Export Business Meeting. Registering your company under the Companies Act (Kaisha-hō) typically takes 2-3 weeks and costs around ¥150,000 (approximately $1,000 USD). Ensure you have a solid business plan and understand the regulatory landscape, including food safety laws.

3. Foreign Investors Who Are NOT Residents of Japan
Investors looking to enter the Japanese food market should consider collaborating with local companies that participated in the event. Conducting thorough due diligence and understanding the local market dynamics is essential. The risk of inaction could lead to missed investment opportunities in a growing sector. Investors should also keep an eye on potential changes in trade regulations that may affect their investments.

Step-by-Step: What You Need to Do

Step 1: Research the Japanese Food Market
Understand the demand and trends. Contact JETRO for market reports.
Office: JETRO (English Support: Yes)
Cost: Free (¥0)
Time: Ongoing
Pitfall: Not keeping up with current trends

Step 2: Register Your Business
Complete the registration process under the Companies Act (Kaisha-hō).
Office: Legal Affairs Bureau (English Support: Yes)
Cost: ¥150,000 (~$1,000 USD)
Time: 2-3 weeks
Pitfall: Incomplete documentation

Step 3: Obtain Necessary Permits
Depending on your business type, you may need specific licenses.
Office: Ministry of Health, Labour and Welfare (English Support: Limited)
Cost: Varies
Time: 1-3 months
Pitfall: Overlooking required permits

Step 4: Attend Trade Shows
Participate in events like FOODEX JAPAN to network and find partners.
Office: Event Venue (English Support: Varies)
Cost: Varies based on participation fees
Time: Event duration
Pitfall: Not following up with contacts

Step 5: Engage with JETRO
Utilize their resources for export support and market entry strategies.
Office: JETRO (English Support: Yes)
Cost: Free (¥0)
Time: Ongoing
Pitfall: Not fully utilizing available resources

Key Contacts
www.jetro.go.jp/en/
www.moj.go.jp/isa/
www.customs.go.jp/english/
www.nta.go.jp/english/

Expert Analysis: Japan vs. Regional Competitors

Metric	Japan	Singapore	Hong Kong	South Korea
Incorporation Time	2-3 weeks	1 week	1 week	2 weeks
Minimum Capital Requirement	¥0	S$1	HK$1	₩0
Annual Filing Cost	¥60,000	S$300	HK$2,000	₩50,000
Visa Processing Time	1-3 months	2 weeks	1 month	1-2 months

What to Expect Next

As Japan continues to focus on expanding its food export capabilities, foreign entrepreneurs should monitor upcoming trade policies and potential changes in regulations. Key developments to watch for include updates from the Ministry of Agriculture, Forestry and Fisheries (Nōrin Suisan-shō) regarding export support programs and any amendments to the Agricultural Production and Export Promotion Act. The next few years will be critical for foreign businesses looking to establish a foothold in Japan’s food export market.

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Sources & References

This article is based on the following source and enhanced with professional analysis for foreign business owners.
Source: 新興国等への輸出を目指す200社以上の日本企業が参加 「ジェトロ食品輸出商談会 at FOODEX JAPAN」

⚠️ This article is for informational purposes only and does not constitute legal advice. Please consult a qualified Japanese attorney (bengoshi) or judicial scrivener (shiho shoshi) for advice specific to your situation.