Odawara is a major commercial center for western Kanagawa Prefecture. Agriculture and commercial fishing play a relatively minor role in the local economy. Manufacturing includes light industry, chemicals, pharmaceuticals, and food processing. Odawara is also a bedroom community for Yokohama and Tokyo.
Companies headquartered in Odawara include:
� Meganesuper Co., Ltd.
� Wako Chemical
� Odawara Auto Machine MFG. Co., Ltd.
� Odakyu Sharyo Kogyo Co Ltd
� Odakyu Hakone Holdings Co., Ltd.
� Hakone Tozan Railway
� Sagami Trust Bank
� Nippon Injector Corporation