Kobelco investment plan wins METI certification, eligible for up to JPY 1.04 billion subsidy

Reuters2026/07/31 02:03

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Kobe Steel won METI certification under Japan’s Economic Security Promotion Act for a supply assurance plan covering aircraft components.
The approval unlocks subsidies of up to 50% for a JPY 2.07 billion sand-casting capacity expansion at its Daian Works plant.
Maximum subsidy is about JPY 1.04 billion; mass production is scheduled to start in 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kobelco - Kobe Steel Ltd. published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kobelco investment plan wins METI certification, eligible for up to JPY 1.04 billion subsidy

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