Region to watch
Tokushima prefecture is home to one of Japan’s lesser-known claims to fame – it is the world’s number one LED-manufacturing centre. Dubbed LED Valley, local officials plan to build further upon its status. Already, there are 86 LED-related companies in the region, the most famous being Nichia Corporation, which has nearly 40 per cent of the global white LED market. In addition, there is a growing number of academic institutions and universities specialising in light technology research.