Yomiuri: Japan's 3 Megabanks to Lend up to 2 trillion Yen to Rapidus

Dow Jones
12/12

The Yomiuri Shimbun

MUFG Bank Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank Ltd. have indicated their intention, as early as fiscal 2027, to extend up to 2 trillion yen in loans to Rapidus Corp., which aims to mass-produce next-generation semiconductors, it was learned on Thursday.

The three megabanks are coordinating their efforts to support Rapidus' efforts to develop and domestically produce a line of cutting-edge semiconductors.

Rapidus, which is also receiving support from the government, plans to mass-produce 2-nanometer semiconductors. It started trial production on a pilot line in Chitose, Hokkaido, in April 2025, and aims to begin mass production in fiscal 2027.

The Economy, Trade and Industry Ministry announced in November that it would invest 100 billion yen in Rapidus within fiscal 2025. The entire process of research, development and mass production is expected to require over 7 trillion yen in investment. The three megabanks, in collaboration with the Development Bank of Japan, are also considering investing up to 25 billion yen in the company.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

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(END) Dow Jones Newswires

December 12, 2025 06:22 ET (11:22 GMT)

Copyright (c) 2025 The Yomiuri Shimbun

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