Science and Technology Policy Japan

Japan should introduce tax incentives for companies that invest in infrastructure for the 5G next-generation wireless technology network, the ruling Liberal Democratic Party's tax system research commission said on Monday.

The Japanese government will set up a fund of about 50 billion yen ($458 million) to provide young researchers with financial security and kick-start a new round of technological innovation.

Japan became a full-fledged participant Monday in NATO's cybersecurity war games, as Tokyo and Western nations eye potential hacking threats from China.

The government plans to spend around ¥400 billion ($3.7 billion) to supply more computers to public schools as part of an economic stimulus package, government sources said Friday.

Japan will aim to develop full-fledged quantum computers for a broad range of uses by around 2039, Nikkei has learned, part of Tokyo's first strategy for catching up with the U.S. and China in the race to achieve ultrafast processing.

A recent 5G test at a golf club in central Japan showed how the next-generation wireless technology can be used to improve efficiency at courses.

Japan intends to devote 220 billion yen ($2.03 billion) to encourage private-sector research and development of technology that will succeed fifth-generation wireless communications.

Leading Japanese brokerages will form an organization Tuesday to set rules for issuing blockchain-based digital securities that represent a new way of raising capital from assets like real estate.

The government has pledged an additional $10 billion (¥1.1 trillion) in public and private financing to liquefied natural gas (LNG) projects worldwide, in order to help spur demand for the cleaner fossil fuel, trade minister Isshu Sugawara said on Thursday.

Japan's Government Pension Investment Fund will begin allocating substantial amounts of money to bonds with an environmental purpose as early as the fiscal year beginning next April.