AGP Executive Report
Last update: 11 hours agoSemiconductor Deal: State-backed JIC plans to sell JSR to Mitsui Chemicals for more than ¥1.3 trillion, a major bet on Japan’s chip-materials industry as AI demand lifts valuations. Electric Vehicles: Kia is targeting Japan’s commercial market with a local partner, starting with 40 electric vans and aiming for 1,000 by 2030. Corporate Governance: Nidec’s troubles are intensifying calls for a sweeping overhaul, putting pressure on the motor maker to rebuild performance and investor confidence. Cybersecurity: Attacks on smaller Japanese companies are surging, prompting regional banks to coordinate defenses and MUFG to design a digital bank without ATM cards. Business Costs: Japan’s electricity prices have climbed to a four-year high, adding pressure on companies already navigating rising operating costs.
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