TOKYO, Japan — In the present day, Governor Ron DeSantis, together with Florida Secretary of Commerce Laura DiBella, Florida Secretary of State Twine Byrd, and Enterprise Florida Vice Board Chair Freddie Figgers, led a roundtable dialogue with Japanese enterprise leaders from KEIDANREN (Japan Enterprise Federation).
Moreover, the Governor and NTT Knowledge, an data expertise and consulting firm positioned in Tokyo, have established a partnership to supply Florida college college students with a one-week internship. NTT Knowledge will host the scholars at their headquarters in Tokyo and as a part of the internship, college students may have the chance to work together with enterprise executives and find out about a multi-faceted international enterprise.
To look at the roundtable, click on right here.
“Florida leads the nation in new enterprise formations due to our pro-business and pro-freedom insurance policies that drive the financial system ahead and appeal to enterprise funding from throughout the globe,” stated Governor Ron DeSantis. “I look ahead to persevering with to construct sturdy enterprise relationships with Japanese firms who need to do enterprise in Florida.”
“We’re honored to take part on this important enterprise growth mission alongside Governor DeSantis,” stated Laura DiBella, Florida Secretary of Commerce and President & CEO of Enterprise Florida. “We’re extremely appreciative of all of the enterprise leaders who took the time to satisfy with us immediately because the go to proved to be invaluable. We look ahead to additional strengthening our partnership with the Japanese enterprise neighborhood.”
Florida and Japan’s Financial Relationship
Florida serves as a handy base for Japanese firms wishing to increase into the Southeastern US and into the Latin America and Caribbean area. Japan is the 6th largest overseas investor in Florida, with greater than 200 Japanese firms using greater than 22,000 Floridians with holdings totaling greater than $5.2 billion. Bilateral commerce between Florida and Japan exceeds $6.6 billion yearly, making it Florida’s 2nd largest bilateral merchandise commerce associate within the Asia-Pacific area and Florida’s 7th largest associate general.
In 2022, Japan imported roughly $636 million in items from Florida seaports and airports. Vehicles and associated merchandise account for nearly 81% of all exports from Japan to Florida, with the Port of Jacksonville persistently serving as one of many high three ports for unloading Japanese autos for the US. Moreover, auto components from Japan are shipped via Florida’s distribution facilities to half facilities all through the US.
Florida is residence to greater than 200 Japanese corporations that make investments billions within the Florida financial system. Leaders from ANA Holdings Inc., Bridgestone Company, Canon Inc., Dai-ichi Life Holdings, Inc., Fujitsu Future Research Middle Ltd., Hino Motors Ltd., HIREC, Hitachi Ltd., Hitachi Analysis Institutue, Honda Motor Co. Ltd., ITOCHU Company, Japan Airways Co. Ltd., Japan Institute for Abroad Funding, Japan Machine Instrument Builders’ Affiliation, Japan-China Financial Affiliation, Marubeni Company, Mitsubishi Company, Mitsubishi Electrical Company, Mitsubishi Heavy Industries Ltd., Mitsui & Co. Ltd., Mitsui O.S.Ok. Traces Ltd., Mitsui Sumitomo Insurance coverage Co. Ltd., Mizuho Financial institution Ltd., Mizuho Analysis & Applied sciences Ltd., MUFG Financial institution Ltd., NEC Company, NEC House Applied sciences Ltd., Nippon Life Insurance coverage Firm, NS Options Company, Okaya & Co. Ltd., Shimizu North America LLC, SoftBank Group Corp., Sojitz Company, Subaru Company, Sumitomo Chemical Co. Ltd., Sumitomo Forestry Co. Ltd., Taisei Company, Teijin Restricted, The Society of Japanese Aerospace Corporations (SJAC), Tokio Marine & Nichido Hearth Insurance coverage Co. Ltd., Toshiba Company, Toyota Motor Company, and Toyota Tsusho Company have been in attendance.