Economic Policy

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Business & Finance

Green Steel: Japan Targets 3+ Million Tons Annually with Government-Backed Decarbonization Plan

Japan's steel industry accounts for about 40% of the country's industrial CO2 emissions. The government now aims to create a green steel market exceeding 3 million tons annually by the early 2030s, combining hydrogen reduction, electric arc furnaces, and CCUS. Here's how Japan plans to standardize carbon footprint metrics and respond to the EU's CBAM.

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Business & Finance

Japan's Food Tech Diplomacy: Plant Factories and Land-Based Aquaculture Pitched to 60 Ambassadors as National Growth Strategy

Japan's agriculture ministry hosted ambassadors from 60 countries to showcase cutting-edge food technology including vertical plant factories and land-based aquaculture. With food tech designated as one of 17 national growth strategy sectors under the Takaichi administration, Japan targets 30% global market share by 2040. Covers key startups like PlantX, full-cycle aquaculture, and alternative protein trends.

News, Society & Economy

Quantum for Business: Japan Raises Subsidy Cap 10x to $13M Per Project in Bold Industrialization Push

Japan's METI raises the subsidy cap for quantum technology business demonstrations to ¥2 billion ($13M) per project, a tenfold increase. With ¥15 billion earmarked for business applications out of a quantum budget exceeding ¥100 billion, Japan pushes to industrialize quantum computing in logistics, drug discovery, and beyond.

Business & Finance

Crypto Crackdown: Japan Triples Prison Terms to 10 Years for Unregistered Sales Under New Financial Regulation

Japan's FSA is raising penalties for unregistered crypto sales from 3 to 10 years imprisonment and fines from ¥3M to ¥10M, while moving crypto under securities law. The bill cleared the lower house in June 2026 and is now before the upper house. With a flat 20% tax rate, insider trading rules, and the SANAE TOKEN affair as backdrop, we compare Japan's approach with the US, EU MiCA, Singapore and Hong Kong.