JAPAN SEEKS RECORD $49B INDUSTRY BUDGET Japan’s Industry Ministry is seeking the funding for FY2027 to accelerate investment in strategic sectors. Planned allocations include roughly: • $12.6B for AI, semiconductors & robotics • $4.3B for critical minerals and rare earths • $1.1B for defense and dual-use technologies The request is part of Japan’s broader push to mobilize public and private investment into strategic industries and reduce reliance on foreign supply chains. 31-AUG-2026 06:22 AM ET