Industry of Osaka

Cost Advantages

1. Reasonable business costs

In Osaka, office rents are about 40 % lower and employment costs (average salaries) 15% lower than those in Tokyo

Business costs of osaka Osaka Tokyo
Commercial Land Price (YR2017)*1 764,400yen/m² 1,824,500yen/m²
Residential Land Price (YR2017)*1 148,300yen/m² 342,600yen/m²
Industrial Land Price (YR2017)*1 107,200yen/m² 259,600yen/m²
Office Rent (YR2017)*2 3,414yen/m² 5,810yen/m²
Warehouse Rent (YR2017)*3 1,542yen/m² 2,051yen/m²
House Rent (YR2016)*4 1,768yen/m² 2,612yen/m²
Average Salary (YR2017)*5 326,100yen/month 377,500yen/month
Comsumer Price Index (YR2016)*6 100.0 104.4
Comparative Cost of Business in Osaka and Tokyo
Sources: *1 Statistical Handbook of Japan 2017, Ministry of Internal Affairs and Communications
*2 Miki shoji Co.,Ltd ”Office Report 2018”
*3 CBRE k.k. "Japan Industrial View of 2017Third Quarter"
*4 Annual report on the Retail Price Survey 2016, Ministry of Internal Affairs and Communications
*5 Monthly Labor Survey 2017, Tokyo Metropolitan Government, Osaka Prefecture
*6 Regional Difference Index of Consumer Price 2016, Ministry of Internal Affairs and Communications