The resolution highlights the significant economic and cultural ties between Alabama and Japan, noting that Japanese companies have invested over $20 billion in the state, making Japan the largest foreign investor in Alabama. In 2022, trade between the two reached nearly $2 billion, encompassing a diverse range of products such as vehicles, machinery, and pharmaceuticals. The investment from Japanese firms has created approximately 20,000 jobs in Alabama, with notable companies including Honda, Mazda Toyota, and Daikin America. Additionally, the resolution acknowledges the largest single Japanese investment in the U.S. through Dai Ichi Life Insurance Corporation's acquisition of Protective Life Insurance Corporation.
Furthermore, the resolution celebrates the longstanding friendships fostered through sister city relationships and various cultural organizations that promote Japanese culture in Alabama. It emphasizes the educational benefits for students at Alabama universities through their connections with Japan and recognizes the shared appreciation for natural beauty, as reflected in parks and gardens inspired by Japanese aesthetics. Ultimately, the resolution expresses a commitment to nurturing the unique relationship between Alabama and Japan, focusing on continued commerce and friendship.