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Hokuhoku Financial Group President Hiroshi Nakajima says Rapidus entry will turn Hokkaido into an advanced industrial region

Thursday, March 5, 2026 at 10:28 AM

Hokuhoku Financial Group President Hiroshi Nakajima emphasized that the entry of semiconductor manufacturer Rapidus into Hokkaido presents a unique opportunity to transform the region into a hub for advanced problem-solving and industrial growth. During a lecture in Sapporo, he discussed how the presence of advanced semiconductor manufacturing can revitalize the local economy and infrastructure.

Context

Hokuhoku Financial Group President Hiroshi Nakajima stated that the entry of Rapidus Corporation will turn Hokkaido into an advanced industrial region capable of solving regional challenges. Speaking at a lecture in Sapporo, Nakajima highlighted the semiconductor venture as a catalyst for a new financial and manufacturing hub. This sentiment aligns with the group’s NEXT STAGE medium-term management plan, which targets 1 trillion yen in sustainability and green transformation-related investments to revitalize local industries. Hokuhoku Financial Group, through its subsidiaries The Hokkaido Bank and The Hokuriku Bank, is an early private-sector investor in Rapidus. The semiconductor firm recently secured 267.6 billion yen in total funding to support its goal of mass-producing 2nm logic chips by 2027. This regional backing is part of a broader public-private partnership involving 32 companies and the Japanese government to establish Hokkaido as a global focal point for next-generation technology and infrastructure.

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