In July, the government announced a plan under the Japan Growth Strategy calling for more than ¥370 trillion in combined public- and private-sector investment through FY2040. The plan covers 17 fields, including semiconductors, AI and data centers.
Under the Japan Growth Strategy unveiled by the government, more than ¥370 trillion in combined public- and private-sector investment is expected through FY2040 across 17 fields, including semiconductors, AI, data centers, healthcare, space, disaster prevention and content. These investment figures have not been secured as government budget allocations at this stage and represent targets that include private-sector investment plans and market forecasts.
By sector, expected investment includes ¥68 trillion in semiconductors through FY2040, ¥32.7 trillion in cloud computing, data centers and storage batteries through FY2035, ¥10.5 trillion in AI and robotics through FY2040, and ¥24.5 trillion in games through FY2033.
The government explained that its role in encouraging investment would be to position public procurement as an initial customer and support expansion into the private sector and overseas markets through public-private collaboration.
In South Korea, for example, investment plans for new memory semiconductor plants have been announced at a scale exceeding ¥80 trillion, drawing attention to an integrated public-private policy under which the government supports infrastructure development and tax measures.
This report conveys the overall picture of the Japan Growth Strategy and the expected investment amounts by sector. It should be noted that it does not indicate confirmed budgetary measures.