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Search results for fiscal 2027

Mobility

Nissan to expand AI Drive to 90 percent of models, unveils long-term vision

Nissan Motor has announced a vehicle strategy to apply artificial intelligence-based driving technology to about 90 percent of its lineup over the long term. It unveiled a long-term vision centred on an \"AI Defined Vehicle\" concept combining AI Drive technology to enhance autonomous driving with an AI Partner to expand in-car user experience. Nissan plans to introduce next-generation ProPILOT on the Elgrand this summer and aims for end-to-end autonomous driving by the end of fiscal 2027.

Industry

Japan to inject about 6 trillion won into Rapidus in bid to revive chip industry

Japan will provide Rapidus with an additional 631.5 billion yen in commissioned research and development funding for fiscal 2026, aimed at advancing the company’s plan to begin mass production in the second half of fiscal 2027. Economy, Trade and Industry Minister Ryosei Akazawa unveiled the plan at Rapidus’ plant in Chitose, Hokkaido. The new funds will be used for prototype performance evaluation and yield improvements. Cumulative government support will rise to 2.35 trillion yen, with separate capital injections also planned.

Crypto

Japan pushes bill to classify cryptocurrencies as financial products, cuts tax rate

Japan has approved a bill to amend the Financial Instruments and Exchange Act to classify cryptocurrencies as financial products. The country also introduced a new tax system that would replace a top progressive rate of 55 percent on crypto gains with a single 20 percent rate. The proposal would apply stock-market insider-trading rules to crypto trading and require issuers to disclose information at least once a year. It is expected to take effect in fiscal 2027 if passed in the current parliamentary session.