Japanese Corporations Shifting Main Offices
Japanese Manufacturers Shift Headquarters Amid Remote Work Trend
Major Japanese manufacturers, including Toshiba Corp., are relocating their headquarters from central Tokyo to other locations in Japan, primarily in response to the spread of remote work. This shift is aimed at enhancing operational efficiency by improving functional coordination across corporate units, especially research and development, and manufacturing.
Toshiba Corp., which has been located in a high-rise building in Shibaura, Tokyo for approximately 40 years, is relocating its headquarters from the city to Kawasaki, Kanagawa Prefecture. The move aligns with efforts to integrate executive offices, corporate planning, and public relations closer to manufacturing and R&D facilities for better collaboration.
The relocation of Toshiba's public relations department is a part of the overall response by major Japanese manufacturers to changing work trends, particularly the rise of remote work. The department will move to the new office in Kawasaki by the end of this month, joining the executive office and corporate planning department that have already been relocated.
Kawasaki was the host of a former incandescent lamp factory of Toshiba, and the new headquarters will be located in a building in Kawasaki, south of the Japanese capital. The relocation of Toshiba's headquarters is a continuation of the company's headquarters relocation, with the executive office and corporate planning department having been relocated earlier.
The Japanese government has expanded tax breaks to promote companies relocating their headquarters out of Tokyo to regional areas, offering substantial corporate tax reductions to companies that move or expand their headquarters functions outside Tokyo’s central wards. This incentive is another factor encouraging the trend towards decentralization.
Fujitsu Ltd. is among the major Japanese manufacturers relocating their headquarters functions from central Tokyo. The relocations are occurring outside of central Tokyo, as manufacturers aim for operational efficiency and cost effectiveness beyond the expensive and congested city center.
In summary, the reasons behind these relocations are:
- To support and adapt to the realities of remote work.
- To improve functional coordination across corporate units, especially R&D and manufacturing.
- To take advantage of government tax incentives encouraging decentralization.
This strategic geographic redistribution is part of a broader trend among major manufacturers in Japan.
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