Economic ripple effect from MICE in Japan amounted to 590 billion JPY in FY2015

Japan Tourism Agency announced that economic ripple effect from MICE in Japan amounted to 590.5 billion JPY in FY2015, which comprised 265.5 billion JPY on direct effects and 325 billion JPY on indirect effects. New 54,000 jobs were created, and tax effect reached 45.5 billion JPY. 

Consumption of international conferences in Japan totaled 329.9 billion JPY, which consisted of 128.5 billion JPY spent by organizers, 67.3 billion JPY by exhibitors, 88 billion JPY by Japanese attendances and 46.2 billion JPY by foreigner attendances as the table below shows:

87851_03

Spending per foreigner attendance amounted to 263,732 JPY. Interestingly, spending per foreigner attendance in medical-related international conferences in three major urban areas (ten prefectures) reached 356,815 JPY, and in other international conference the amount was 300,328 JPY.

In other international conferences in other areas than three major urban areas, the amount was 162,656 JPY. The survey finds that spending per capita varied with conference themes and locations. 

87851_02

Out o the total economic ripple effect (590 billion JPY), 372.3 billion JPY was generated in three major urban areas, and 218.3 billion JPY in other areas. 

Economic ripple effect from foreigner attendances amounted to 62.3 billion JPY (28 billion JPY on direct effects and 34.3 billion JPY on indirect effects), which comprised 47 billion JPY in three major urban areas and 15.3 billion JPY in other areas. 

87851_04

The total job creations were divided into 33,719 jobs in three major urban areas and 19,793 jobs in other areas. The total tax effect comprised 28.9 billion JPY in three major urban areas and 16.6 billion JPY in other areas. 

The survey targeted 2,847 international conferences with 50 or more attendances from three or more countries including Japan.

In Japanese

Let us hear your VOICEPlease feel free to leave any comments or opinions.