Sharp has set a target of 300 billion yen in sales from new businesses by fiscal 2030. The company also plans to grow its satellite communications equipment operations.
The company revealed the target on July 4, 2026. It aims to accelerate growth in new business areas.
In satellite communications equipment, Sharp intends to expand through efforts including compact antennas.
The plan forms part of the company's long-term strategy.
Sanae Takaichi is considering a new quota for growth investment covering 17 areas including artificial intelligence and semiconductors.
Imeripotiwa na AI
Japan has unveiled a $2.3 trillion investment plan spanning the next 14 years. The roadmap marks a key step in Sanae Takaichi's effort to shape the nation's growth strategy.
Defense Minister Shinjiro Koizumi said Friday that Japan's initial budget for defense spending and related costs in fiscal 2026 totals about 10.6 trillion yen ($66.5 billion), roughly 1.9 percent of its 2022 gross domestic product or around 1.5 percent using projected fiscal 2026 GDP. Japan aims to raise spending to 2 percent of GDP by fiscal 2027.