Tokyo Trade Industry is of primary importance towards the growth and development of Japanese economy. Tokyo industries predominantly consist of motor vehicle manufacturers, machine tool factories, electronic equipment industries, ship building, steel industries and textile factories. Tokyo trade revolves around these industries. The Tokyo traders engage in both external and internal trading.
Some of the major Tokyo industries have been summarized below:
- Mitsubishi Heavy Industries - This Japanese giant are manufacturers of ships, aerospace, machinery and steel structure, power systems, nuclear energy systems, paper and printing machinery, machine tools, air-conditioning and refrigeration systems, special vehicles and general machinery.
- Fuji Heavy Industries Limited - Subaru Automotive Business is the flagship company of this industrial
conglomerate. Other industries include i) Industrial Products Company; ii) Aerospace Company; iii) Eco Technologies Company.
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- Tokyo Electric Power - TEPCO a power generation company was established in 1951. In addition to power generation TEPCO is also into telecommunication, Cable television broadcasting, and IT software services.
- Nissan Chemical Industries Limited - Founded in 1887 this chemical industry has diverse industrial ventures. As a group it is engaged in transportation, plant engineering services, civil engineering and landscaping, construction materials, distillation, refining of chemical compounds, agrochemicals and fertilizers, and environmental analysis.
- Tokyo Electron Limited - This electronic component giant was established in 1963. The product list includes Flat panel display equipment, Semiconductor Production Equipment, Micro Electro-Mechanical Systems (MEM), electronic components, computer and networking.
Industry contributes 25.6% of Gross Domestic Produce (GDP), and services constitute 73% of GDP in Japan. Hence, industries and services together make up 98.6% of Japan GDP. Herein lies the importance of these two sectors in Tokyo economy.
