Announcement
20 Dec 2021
In December 2021, the budget for the 2021 fiscal year of the Ministry of Economy, Trade and Industry was amended, introducing several measures to support the economy in the context of the COVID-19 pandemic.
Source
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Number of interventions
27
27 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
21 Dec 2021
Revocation date:
No revocation date
Interest payment subsidy
On 21 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 30 billion (USD 261 million) to support the producers of marine products in light of reputational damage. Among ...
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Implementation date
20 Dec 2021
Revocation date:
No revocation date
Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2'803 billion (USD 22.42 billion) for "Business Revival Support" of the companies affected by the Covid-19 pande...
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State loan
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 140.3 billion (USD 1.12 billion) for funding small and medium-sized enterprises (SMEs) affected by the Covid-19 ...
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Capital injection and equity stakes (including bailouts)
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 75.74 billion (USD 658.94 million) for supporting the "business restructuring and revitalisation" of companies a...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 10 billion (approximately USD 87 million) to subsidise the introduction of energy-saving equipment among local b...
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Other export incentive
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 55.65 billion (USD 484.15 million) for the support of the overseas expansion of Japanese media content, includin...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 227.38 billion (USD 1.98 billion) to support the local biopharmaceutical industry. The measure is financed with ...
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State aid, unspecified
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 50 billion (USD 435 million) to support research, development and commercialisation of pharmaceutical goods. Fin...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 100 billion (USD 870 million) for the support of domestic production of storage batteries and the relevant mater...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 18 billion (USD 156.6 million) to finance the purchase of equipment to ensure a stable fuel supply. Financial su...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 13 billion (USD 113.1 million) to incentivise companies to introduce large-scale storage batteries and water ele...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2 billion (USD 17.4 million) to support the development of nuclear energy. Financial support will be accessible ...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 6.1 billion (USD 53.07 million) to support the decarbonisation efforts of the "basic material industry". Financi...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 7 billion (USD 60.9 million) to support the production of hydrogen and fuel ammonia. Financial support will be a...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2.95 billion (USD 25.66 million) for the regional microgrid construction project. The measure is financed with t...
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Financial assistance in foreign market
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 5 billion (USD 43.5 million) to support Japanese firms' projects in other Asian countries (particularly the "AS...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 4.6 billion (USD 40.02 million) to the "Resource Recycling Advancement Project for Waste Plastic". The scheme wi...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 612.3 billion (USD 5.33 billion) to support the business restructuring of small and medium-sized enterprises (SM...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 200.1 billion (USD 1.74 billion) for the SME Productivity Revolution Promotion scheme. The measure is financed w...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 7.1 billion (USD 61.77 million) in support of regional data centres' development. The measure is financed with t...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 617 billion (USD 5.37 billion) to invest in the domestic manufacturing of semiconductors. The measure is finance...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 110 billion (USD 957 million) for investment in research and development of 5G-related technology. The measure i...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 47 billion (USD 408.9 million) to support the decarbonisation and renovation of semiconductor production facilit...
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State aid, unspecified
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 125 billion (USD 1.09 billion) to support research and development in advanced technologies (artificial Intellig...
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Financial grant
On 21 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 30 billion (USD 261 million) to support the producers of marine products in light of reputational damage. Among ...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 1.27 billion (USD 11.05 million) in financial grants to industrial water utilities. The measure is financed with...
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Financial grant
On 20 December 2021, the Ministry of Economy, Trade and Industry of Japan allocated JPY 2.9 billion (USD 25.23 million) in financial grants to support the installation of natural gas utilisation equip...
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Related State Acts
19 Nov 2021
Japan: New economic plan in the context of the COVID-19 pandemic (November 2021)
30 Apr 2020
Japan: Ministry of Economy, Trade and Industry announces several economic measures during the 2020 fiscal year in the context of the COVID-19 pandemic (April 2020)
12 Jun 2020
Japan: METI announces additional support to companies during the 2020 fiscal year in the context of the COVID-19 pandemic (June 2020)
28 Jan 2021
Japan: METI publishes additional support measures to companies during the 2020 fiscal year in the context of the COVID-19 pandemic (January 2021)
31 May 2022
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04 Sep 2023
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