Global Trade Alert
Global Trade Alert

Japan: Government announces financial aid to three companies for developing machine tools and industrial robots

Announcement

16 Jun 2023

In June 2023, the Ministry of Economy, Trade and Industry announced that three companies were selected to receive financial grants in the first round of calls for securing a stable supply of machine tools and industrial robots.

Source

Sign in to access

Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jun 2023

Revocation date:

No revocation date

Updated: 16 Jun 2023
Financial grant In force

On 16 June 2023, the Ministry of Economy, Trade and Industry announced that Harmonic Drive Systems with Harmonic Precision would receive a financial grant of JPY 2.7 billion (USD 19 million) for th...

Sign in to see more
Updated: 16 Jun 2023
Financial grant In force

On 16 June 2023, the Ministry of Economy, Trade and Industry announced that Mitsubishi Electric Corporation would receive a financial grant of JPY 8 billion (USD 56 million) for their machine tools...

Sign in to see more
Updated: 16 Jun 2023
Financial grant In force

On 16 June 2023, the Ministry of Economy, Trade and Industry announced that Fanuc Corporation would receive a financial grant of JPY 19.7 billion (USD 139 million) for their machine tools and indus...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.