Relevant Information on Business Expansion to Chiba Prefecture

Numbers of factories locating in Chiba are increasing year after year.

Numbers of factories locating in Chiba are increasing year after year.

Office rents in Chiba are the most reasonable in the Tokyo metropolitan area.

Comparative Office Rents

    Average Deposits(yen/m²) Average Rent(yen/m²)
Chiba
Chiba 23,818 2,633
Funabashi 31,727 3,203
Kashiwa 39,636 3,318
Tokyo
Chiyoda(Marunouchi) 111,272 8,848
Minato-ku(Aoyama) 67,303 6,785
Kanagawa
Yokohama 39,030 3,903
Minatomirai 58,182 4,848
Saitama
Omiya 40,909 4,148

(as of December 2008, CB Richard Ellis “Office Market Report 2009 Winter Vol.48”)

Comparative “Warehouse, Distribution & Logistics Center”and “Warehouse with Office”Rents

  Comparative “Warehouse, Distribution & Logistics Center Warehouse with Office”Rents
  Average Deposits (yen/m²) Average Rent(yen/m²) Average Deposits(yen/m²) Average Rent(yen/m²)
Chiba 4,429 1,230 6,228 1,448
Tokyo 7,648 1,912 10,764 2,242
Kanagawa 5,767 1,479 7,781 1,588
Saitama 3,947 1,233 4,170 1,303

(average of second half of 2008, CB Richard Ellis “Warehouse Market Report 2009 Winter & Spring Vol.20”)

Though Chiba is adjacent to Tokyo, land prices are very reasonable.

Comparative Average Land Prices of Industrial Zone (2008)

  Average price(yen/m²) (%)change
Tokyo Area 92,800 4.3
Osaka Area 89,700 0.0
Nagoya Area 54,500 1.9
Chiba Prefecture 31,100 11.4

(source: Land price survey by prefectural governments; Ministry of Land, Infrastructure, Transport and Tourism)

About 300 foreign affiliated companies are operating in Chiba Prefecture.
The top 3 of their nationalities are US, UK and Germany, and there are variety of nationalities such as Switzerland, China, Korea and Netherland.

Major foreign companies like Chanel, Nike and IBM call Chiba “home”.
You’ll find just about every sector of industries in Chiba, such as computer companies, retailers, cosmetics, automobiles, TV shopping, furniture, construction and so on.