Japan’s ‘Bold’ Stimulus Draft Moves Forward: Bigger Spending, AI/Chips/Shipbuilding Push as Panel Urges an Even Larger Package (Nov 12, 2025)
TOKYO — November 12, 2025 — Prime Minister Sanae Takaichi’s first stimulus package came into clearer focus today as a government draft pledged to increase spending “without hesitation” and channel “bold and strategic” investment into crisis‑management and growth sectors including artificial intelligence (AI), semiconductors and shipbuilding. The draft also outlines subsidies to lower utility and gasoline bills, aid for firms hit by U.S. tariffs, and a likely rise in defense outlays, with a supplementary budget to follow later this fiscal year. While the headline size isn’t fixed yet, a Daiwa Securities note cited by Reuters said extra‑budget spending could reach