Industry News

Ministry of Economy, Trade and Industry (METI)

Japan Expands Investment Opportunities for Limited Partnership Funds

In a recent press release, the Japanese Ministry of Economy, Trade and Industry (METI) has shed light on investment opportunities in security tokens and blockchain-based assets for Limited Partnership Funds (LPS). The new clarifications will enable LPS to expand their investment options and potentially boost the growth of digital assets in Japan. Security Tokens under the Financial Instruments and Exchange […]

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standard truck market

JAMA Releases 2022 Standard Truck Market Trend Survey

The Japan Automobile Manufacturers Association (JAMA) recently published the results of its biennial “Standard Truck Market Trend Survey” for fiscal 2022. The survey aims to provide a chronological overview of heavy-duty truck ownership, purchase, and usage patterns, as well as changes in transportation needs, responses, and the market environment surrounding the logistics industry. In contrast to the previous shipper survey […]

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Spectee and NTT Business Solutions Launch New Disaster Prevention DX Service

Disaster prevention tech venture Spectee has announced a partnership with NTT Business Solutions to launch a new disaster prevention DX service, “Spectee Pro for elgana,” starting April 20, 2023. The service aims to enable quick and efficient information gathering and sharing during disasters by combining Spectee’s AI real-time crisis management service, “Spectee Pro,” with NTT Business Solutions’ business chat app, […]

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Light-Duty and Light Truck Market

JAMA Releases 2022 Small & Light Truck Market Trend Survey

The Japan Automobile Manufacturers Association (JAMA) recently conducted a survey to understand the trends and challenges in the small and light truck market for fiscal 2022. This annual survey aims to examine the changes in ownership, purchase, and usage patterns of these vehicles and identify future market trends. The 2023 edition also focused on the impact of social and environmental […]

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JETRO Announces Open Call for 2023 Export Business Subsidies for SMEs

The Japan External Trade Organization (JETRO) announced on April 19 a wide-ranging call for applications for indirect subsidy providers to participate in the “Export Business Model Research and Demonstration Project Subsidies for Medium-sized and Small Enterprises.” This initiative aims to construct new business models by private-sector operators to support the export of Japanese medium-sized and small enterprises. The project’s primary […]

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MOF Mints Silver Coins to Celebrate Expo 2025 Osaka

The Ministry of Finance (MOF) has announced plans to issue five types of commemorative silver coins to celebrate the upcoming Expo 2025 Osaka, Kansai, Japan. These limited-edition coins will be released in three installments before the Expo begins, with the first issue being a stunning 1,000-yen silver coin. The beautifully crafted coins will feature a face value of 1,000 yen, […]

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Japan Paves Way for Automated Delivery Robots on Public Roads

The logistics industry has been facing significant challenges, including labor shortages. To address this issue, the Ministry of Economy, Trade and Industry (METI) in Japan has been working to support the development and introduction of automated delivery robots in society. With the recent revision of the Road Traffic Act, these robots are allowed to operate on public roads starting April […]

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Mitsui Chemicals and IBM Collaborate on AI New Application Discovery

Mitsui Chemicals and IBM Japan have joined forces to improve agility and accuracy in discovering new applications by combining Generative Pre-trained Transformer (GPT), a generative AI, with IBM Watson Discovery. This partnership aims to boost sales and market share for Mitsui Chemicals products by advancing digital transformation (DX) in the business domain. Since June 2022, Mitsui Chemicals has implemented IBM […]

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Namikata Terminal to Become Clean Energy Hub for Fuel Ammonia

Seven major Japanese companies, including Shikoku Electric Power Company, Taiyo Oil Company, Taiyo Nippon Sanso Company, Mazda Motor Corporation, Mitsubishi Corporation, Namikata Terminal Company, and Mitsubishi Corporation Clean Energy, have formed the “Council for Utilizing Namikata Terminal as a Hub for Introducing Fuel Ammonia.” The Council will explore the possibility of transforming the Namikata Terminal in Imabari City, Ehime Prefecture, […]

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NEC Develops World’s First High-Sensitivity Uncooled Infrared Image Sensor Using Carbon Nanotubes

NEC Corporation has announced the development of the world’s first high-sensitivity uncooled infrared image sensor using high-purity semiconducting carbon nanotubes (CNTs). The groundbreaking technology is expected to have practical applications by 2025. Infrared image sensors detect infrared rays emitted by people and objects, even in the dark. This makes them essential for various applications, including night vision for vehicles, aircraft […]

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NTT and NEC Partner Up to Promote Decarbonization

Nippon Telegraph and Telephone Corporation (NTT) and NEC Corporation have joined forces to reduce the environmental impact of their businesses and promote a decarbonized society. The companies have signed a basic agreement and started collaborating on various initiatives to achieve their goals. Under the agreement, NTT Anode Energy will provide 100% renewable energy to NEC Platforms’ Fukushima Plant, which produces […]

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Mitsubishi Heavy Industries Receives Order to Rebuild Tokyo’s Kita Incineration Plant

Mitsubishi Heavy Industries Environmental & Chemical Engineering (MHIEC), a subsidiary of Mitsubishi Heavy Industries (MHI), has been awarded a contract by the Clean Authority of Tokyo to rebuild the Kita Incineration Plant located in the city’s Kita ward. The plant has been in operation since 1998 and has a capacity of 600 tons per day, but it has become outdated. […]

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METI Launches Study Group and Contest to Address High Prices and Labor Shortages in Distribution Industry

Japan’s distribution industry, which accounts for 14% of the country’s GDP and employs 16% of its working population, is facing pressure from rising costs, low consumer prices, and demands for higher wages. These pressures are putting strain on the industry’s profit structure, while a labor shortage further exacerbates the situation. To address these issues, the Ministry of Economy, Trade and […]

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Denso Develops Inverter Using SiC Power Semiconductors to Reduce Power Loss in EVs

Denso has revealed its first-ever inverter equipped with silicon carbide (SiC) semiconductors. This device has been integrated into the eAxle, an electric driving module designed by BluE Nexus, and will be deployed in the new RZ, the first battery electric vehicle (BEV) model of Lexus, which was launched on March 30, 2023. SiC power semiconductors use silicon and carbon to […]

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Asahi Kasei Acquires Renewable Energy Certification for Dinamica Plant

Asahi Kasei’s Nonwovens Plant in Nobeoka, Miyazaki, has in March obtained the first Certificate of Renewable Energy Use from the Powered by RE Certification Committee, using Hitachi’s Powered by RE system to track renewable energy usage. The certificate confirms that the production facility for Dinamica artificial suede is powered entirely by renewable energy. In pursuit of a sustainable society, companies […]

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