Economy
Fukuoka is the economic center of the Kyushu region, with an economy largely focused on the service sector. Large companies headquartered in the city include Iwataya and Kyushu Electric Power. Fukuoka is also the home of many small firms playing a supportive role in the logistics, IT and high-tech manufacturing sectors. Most of the region's heavy manufacturing takes place in the nearby city of Kitakyushu.
Several regional broadcasters are based in the city, including Fukuoka Broadcasting System, Kyushu Asahi Broadcasting, Love FM, RKB Mainichi Broadcasting and Television Nishinippon Corporation.
The port of Hakata and Fukuoka Airport also make the city a key regional transportation hub. Fukuoka houses the headquarters of Kyushu Railway Company (JR Kyushu) and Nishi-Nippon Railroad. Air Next, a subsidiary of All Nippon Airways, is headquartered in Hakata-ku; prior to its dissolution, Harlequin Air was also headquartered in Hakata-ku.
Fukuoka has its own stock exchange, founded in 1949. It is one of 6 in Japan.
Read more about this topic: Fukuoka
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)