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Rapidus Secures Additional ¥1 Trillion Government Funding, Targets 1.4nm Technology and FY2031 IPO
Wednesday, November 26, 2025 at 10:59 AM
The Japanese government is reportedly planning to provide an additional one trillion yen in funding to Rapidus to bolster its advanced chip manufacturing efforts. This plan also includes work on 1.4nm process technology with an aim for a public listing by the fiscal year 2031.
Context
The Japanese government is significantly escalating its support for semiconductor national champion Rapidus, committing an additional ¥1 trillion in aid for fiscal years 2026-27. This brings total public backing to ¥2.9 trillion, aimed at establishing domestic mass production of advanced chips. The ambitious roadmap targets volume production of 2nm semiconductors starting in FY2027, followed by a ramp-up to 1.4nm chips, solidifying Japan's intent to compete at the leading edge of the global AI supply chain.
This national project, with total investment expected to exceed ¥7 trillion, positions Rapidus to become a key domestic supplier for its founding investors, including Sony. The government will become the largest shareholder and hold a "golden share" with veto power, underscoring the project's strategic nature. For the supply chain, this signals major long-term orders for equipment makers like Tokyo Electron. Rapidus is targeting profitability around FY2030 and a public listing by FY2031, creating a long-term investment horizon with significant government backing.
Sources (8)
[News] Japan Reportedly Adding ¥1 Trillion in Rapidus Support as It ...Rapidus に追加で1兆円の政府支援が行われる予定！？ - noteDecember | 2023 | TrendForce News | Page 11ラピダス、政府が1兆円追加支援 1.4ナノも手掛け31年度上場ラピダス支援、1兆円追加へ 31年度ごろ上場めざす 政府Fetched web pageJapan unveils $65 bln plan to aid domestic chip industryJapan Earmarks Another $5.4 Billion for Chip Startup ...
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