matsue-corporate-furusato-tax-shimane-susanoo-arenaA · FULL TRANSLATION
Key Points
- Ichigo uses 'Corporate Home Town Tax' to support Shimane City
- Funds allocated for the renovation of the main stadium of the island's Susanoo Magic basketball team
- Combines corporate donations with sports venue revitalization
Analysis
Real estate regeneration company Ichigo has introduced a ‘corporate home town tax’ to support Shimane City. The funds will be used to renovate the main stadium for the B League basketball team, island’s Susanoo Magic. This initiative is part of Japan's policy allowing companies to offset taxes through donations and support local businesses. Using professional sports venues as catalysts for regional revitalization has become a popular model in recent years.