Economy
The key industry of Kyoto is information technology and electronics: the city is home to the headquarters of Nintendo, Intelligent Systems, TOSE, OMRON, Kyocera, Shimadzu Corp., Rohm, Horiba, Nidec Corporation, Nichicon, GS Yuasa and Murata Machinery and the headquarters of Murata Manufacturing are located in the suburbs of Kyoto in the city of Nagaokakyō.
Tourism also forms a large base of Kyoto's economy. The city's cultural heritages are constantly visited by school groups from across Japan, and many foreign tourists also stop in Kyoto. In 2007, the city government announced that a record number of tourists had visited Kyoto for the sixth year in a row., and it was chosen as the second most attractive city in Japan, in a regional brand survey.
Traditional Japanese crafts are also major industry of Kyoto, most of which are run by artisans in small plants. Kyoto's kimono weavers are particularly renowned, and the city remains the premier center of kimono manufacturing. Such businesses, vibrant in past centuries, have declined in recent years as sales of traditional goods stagnate.
Sake brewing is Kyoto's traditional industry. Gekkeikan and Takara Holdings are major sake brewers headquartered in Kyoto.
Other businesses headquartered in Kyoto include the apparel company Wacoal, the delivery transportation company Sagawa Express and the garage kits maker Volks.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)