Written by Kianna Best on Feb 27, 2024. Posted in Incentive News

Japan opens first round of extended production incentive

Next month, Japan will open up the first round of submissions for their extended film and TV production incentive. The funding scheme offers a 50% reimbursement for qualifying expenditure in Japan, with a cap of USD 6.66 million. Targeting larger projects, the minimum spend required to qualify for the incentive is USD 3.3 million.


Image courtesy of BBC One


With the announcement of their first round of incentive, it was revealed that upcoming Indian feature One Day was the first project supported by the financial scheme. Produced by Bollywood star Aamir Khan, the film is an Indian remake of a 2016 Thai film of the same name. The romantic drama, directed by Sunil Pandey, stars Sai Pallavi and Junaid Khan. Filming locations for the project included Sapporo and Otaru in Hokkaido. The project was selected during the first year of the scheme,  orchestrated by Japan’s Ministry of Economy, Trade Industry and operated by the Visual Industry Promotion Organisation and coordinated by the Japan Film Commission.


Following the launch of their incentive scheme in 2023, Japan have announced the opening of their first round of funding for their film and TV production incentive. The upcoming round marks the second year extension of the scheme. Covering up to 50% of qualifying expenditure in Japan, the incentive is a strategic move to encourage the arrival of large scale productions to the region. The maximum reimbursement available to successful candidates is USD 6.6 million.


The new applications for this year will bebroken down into three periods: 4 to 15 March, 20 May to 7 June and 26 August to 13 September. To receive the reimbursement, submissions must be made by a Japanese production group and production company, with evidence of collaboration with an overseas production company. Other prerequisites include intent to benefit the Japanese content industry through production with the inclusion of plans for local employment, use of local studio facilities, Japanese locations featured in the project and promotion of Japanese works.


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