Financial Measures for Disaster Recovery in Koka City, Shiga Prefecture

In response to the landslide disaster in Koka City, Shiga Prefecture, the Japanese government has announced critical financial measures to support recovery efforts. This development is crucial for foreign entrepreneurs and business professionals operating in Japan, as it highlights the government’s commitment to disaster resilience and economic stability. Understanding these measures can help businesses navigate financial assistance opportunities and ensure continuity in operations during challenging times.

Background & Context

On July 14, 2026, the Financial Services Agency (FSA) of Japan (Kin’yuu Seisaku-kyoku) announced a series of financial measures aimed at supporting businesses affected by the landslide disaster in Koka City, Shiga Prefecture. This initiative is part of Japan’s broader disaster management framework, which includes the Disaster Countermeasures Basic Act (Bousai Kihon-hou) enacted in 1961 and amended in 2018 to enhance disaster preparedness and response. The recent disaster has prompted the government to expedite financial assistance to ensure that affected businesses can recover swiftly. The measures include low-interest loans and grants to support rebuilding efforts and mitigate the economic impact of the disaster. The FSA’s proactive approach reflects Japan’s ongoing commitment to fostering a resilient business environment, particularly in regions prone to natural disasters.

How This Affects Your Business in Japan

Item	Cost (JPY)	Cost (USD approx)	Notes
Company Registration	¥150,000	$1,000	Standard registration fee
Notary Fee	¥50,000	$350	For notarizing documents
Visa Application	¥4,000	$30	Business Manager visa

1. Foreign Residents Already Operating a Business in Japan
Those affected by the Koka City landslide should immediately assess their eligibility for financial assistance. The FSA has outlined specific criteria for businesses impacted by the disaster, including documentation of damage and operational disruptions. It is advisable to prepare a detailed report of losses and contact local financial institutions that may offer low-interest loans. Delaying this process could result in missed opportunities for financial support, which could jeopardize business recovery.

2. Foreign Nationals Planning to Establish a New Company
For those considering starting a business in Japan, understanding the financial measures in place can provide reassurance about the stability of the business environment. It is essential to stay informed about the government’s disaster response strategies, as this can influence investment decisions. Prospective entrepreneurs should also consider incorporating disaster preparedness into their business plans, which may enhance their credibility with investors and partners.

3. Foreign Investors Who Are NOT Residents of Japan
Investors looking to enter the Japanese market should view the government’s financial measures as a positive signal of Japan’s commitment to economic stability and disaster recovery. Engaging with local partners who are familiar with the disaster response framework can provide valuable insights into potential investment opportunities. Additionally, investors should monitor the effectiveness of these measures, as they may impact the overall business climate and investment returns in the region. Failing to engage with local stakeholders could result in missed opportunities for collaboration and growth.

Step-by-Step: What You Need to Do

Step 1: Assess Damage
Evaluate the extent of damage to your business. Document all losses and disruptions.
Office: Local government office (Shiga Prefecture) (English Support: Limited)
Cost: Free (¥0)
Time: 1-2 days
Pitfall: Incomplete documentation

Step 2: Gather Documentation
Compile necessary documents, including financial statements, damage reports, and any insurance claims.
Office: Local financial institutions (English Support: Varies)
Cost: Free (¥0)
Time: 1 week
Pitfall: Missing documents

Step 3: Apply for Financial Assistance
Submit applications for low-interest loans or grants through designated financial institutions.
Office: Financial Services Agency (Kin’yuu Seisaku-kyoku) (English Support: Available)
Cost: ¥10,000 (~$70 USD)
Time: 2-4 weeks
Pitfall: Delayed submission

Step 4: Follow Up
Regularly check the status of your application and be prepared to provide additional information if requested.
Office: Financial institution handling your application (English Support: Varies)
Cost: Free (¥0)
Time: Ongoing
Pitfall: Lack of communication

Step 5: Implement Recovery Plans
Use the funds received to initiate recovery and rebuilding efforts.
Office: Local business support organizations (English Support: Available)
Cost: Dependent on recovery needs
Time: Varies
Pitfall: Inefficient use of funds

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

Expert Analysis: Japan vs. Regional Competitors

Metric	Japan	Singapore	Hong Kong	South Korea
Incorporation Time	14 days	3 days	5 days	10 days
Minimum Capital Requirement	¥1	$1	$1	₩100,000
Annual Filing Cost	¥60,000	$300	$250	₩50,000
Visa Processing Time	4 weeks	2 weeks	3 weeks	4 weeks

What to Expect Next

As Japan continues to navigate the aftermath of the Koka City landslide, it is likely that additional financial measures and policies will be introduced to enhance disaster resilience. Entrepreneurs and investors should keep an eye on upcoming legislation that may further streamline financial assistance processes or introduce new support programs. The government is expected to review its disaster management framework in 2027, which could lead to significant changes in how financial support is structured. Stakeholders should remain proactive in monitoring these developments to leverage potential opportunities for growth and recovery.

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Sources & References

This article is based on the following source and enhanced with professional analysis for foreign business owners.
Source: 令和８年７月滋賀県甲賀市の土砂崩れに係る災害等に対する金融上の措置について公表しました。

⚠️ 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.