Although government-enhanced projects often do not achieve the desired results, we believe that on this occasion this will not be the case.
The new ‘society 5.0’ projects relate to a wide range of industries. In addition, there is the potential for these companies to replicate these projects and export their products to other developed countries that face the same issues as Japan, such as labour shortages, in the foreseeable future.
Japanese companies can truly become pioneers in tackling important issues affecting global modern societies.
Katsunori Ogawa is chief portfolio manager of Japan Sakigake Strategy at SuMi Trust