Japan Backs Fusion and Plastic Recycling With 20 Billion Yen Investment

Aug 24, 2026 | News On Japan

TOKYO - Japan's GX Promotion Organization has invested about 3 billion yen in two startups developing nuclear fusion and plastic recycling technologies, with combined public and private investment expected to reach around 20 billion yen as the government seeks to accelerate the commercialization of advanced decarbonization technologies.

The GX Promotion Organization, an entity authorized by the Ministry of Economy, Trade and Industry to support Japan's transition to a decarbonized society, made the investments in the two companies, according to the Nikkei.

With additional funding from private-sector investors, the total amount invested in the startups is expected to reach about 20 billion yen.

The government hopes the use of public funds will help attract further private investment and support the practical application of cutting-edge technologies in nuclear fusion and plastic recycling.

Source: テレ東BIZ

New Typhoon May Approach Okinawa During Silver Week

A tropical depression south of Japan is expected to develop into a typhoon on September 15 and could affect Okinawa during Silver Week, raising concerns over travel and tourism as Japan prepares for its first five-day Silver Week holiday in 11 years.

Helicopter Rescues on Mt. Fuji to Incur Fee

Climbers who get into trouble on Mount Fuji during the official closed season could be charged for rescue by disaster-prevention helicopters under new safety measures being considered by Yamanashi Prefecture.

LDP-Backed Koja Wins Okinawa Governor Race

Genta Koja, a former deputy mayor of Naha who accepts the relocation of the U.S. Marine Corps Air Station Futenma to Henoko in Nago, won the Okinawa gubernatorial election on September 13, defeating incumbent Governor Denny Tamaki and bringing an end to 12 years of prefectural administrations committed to blocking the project.

Flooding Hits Fushimi Otesuji Shopping Street in Kyoto

Roads around the Fushimi Otesuji Shopping Street in Kyoto's Fushimi Ward were flooded on the evening of September 13 after water began gushing from a nearby road, forcing authorities to close part of the street to traffic.

China Raises Visa Fees for Japanese Travelers Sevenfold

China will sharply raise visa fees for Japanese nationals entering the country from September 14, with the cost of a single-entry visa increasing to 16,750 yen, about 7.4 times the current level.

MEDIA CHANNELS

MORE Politics NEWS

Takaichi Says Okinawa Election Reflects Voters' Demand for Economic Growth

Prime Minister Sanae Takaichi said the victory of Genta Koja in the Okinawa gubernatorial election reflected the wishes of prefectural residents seeking stronger economic growth, with senior ruling party officials viewing the result as a boost for her administration.

Japan Challenges World Map Showing Disputed Islands in Russia's Color

Japan has asked for changes to an Equal Earth world map that depicts the Russian-controlled Northern Territories in the same color as Russia, prompting the map's creator to say the Japanese-language version will be revised while the English version will remain unchanged.

Titanic Photo Sparks Fresh Controversy in Fukuoka Assembly

The Fukuoka Prefectural Assembly elected a new chairman after the resignation of longtime power broker Isao Kuranouchi, while a photograph showing an opposition lawmaker striking a pose reminiscent of the movie Titanic during an overseas inspection trip has triggered a fresh political controversy.

Yen Carry Trade Unwind Puts Takaichi’s BOJ Strategy Under Pressure

Prime Minister Sanae Takaichi’s government faced a sharper market test on September 9 as the yen’s rapid rebound began pressuring global carry trades, turning expectations of a Bank of Japan rate hike into a political challenge for an administration still trying to balance household relief, fiscal discipline and economic security.

Yen Rally Turns BOJ Rate Hike Into Takaichi’s Next Political Test

Prime Minister Sanae Takaichi entered the final stretch before the Bank of Japan’s September policy meeting facing a new version of the currency problem that has shaped her summer: the yen is no longer collapsing, but its sharp rebound is now forcing her government to explain how far it is prepared to tolerate higher interest rates to restore market confidence.

Takaichi Steps Up Cabinet Reshuffle Plans

Prime Minister Sanae Takaichi is accelerating preparations for a Cabinet reshuffle that could take place as early as next week, considering ministerial posts for senior Liberal Democratic Party officials while weighing the treatment of Internal Affairs Minister Yoshimasa Hayashi and a new Cabinet member from the Japan Innovation Party.

Yokohama Mayor Resigns Over Power Harassment Allegations

Yokohama Mayor Takeharu Yamanaka resigned on September 7 after the city assembly unanimously approved his request to step down over allegations of workplace power harassment, setting the stage for a mayoral election in October.

Tokyo Unveils Design for Symbol Tree at Shinjuku Station

Tokyo has unveiled the design for a major redevelopment of the plaza outside Shinjuku Station's west exit, with a landmark tree, water-play area and event space planned as part of a transformation centered on "greenery, light and people" that is scheduled for completion in 2035.

< 2 3 4 5 >