On the 21st, Japan's Ministry of Economy, Trade and Industry (METI) revealed that it would allocate an extra 1 trillion yen (roughly equivalent to US$6.37 billion) in government funds to enterprises during the fiscal year 2026 - 2027. Among the recipients, semiconductor firm Rapidus has presented a business blueprint to METI. The company's ambition is to launch an initial public offering (IPO) in the fiscal year 2031 and anticipates reaching operational profitability by around the fiscal year 2030. As per the plan, following the large - scale production of 2 - nanometer semiconductors in the fiscal year 2027, Rapidus intends to press ahead with the mass production of 1.4 - nanometer chips. The projected total investment for this endeavor is expected to surpass 7 trillion yen. Moreover, Rapidus has set its sights on raising approximately 1 trillion yen in capital from the private sector.