The Ministry of Finance of Japan announced on the 1st that in the first quarter financial statement statistics by company, general income in all industries excluding financial and insurance increased 13.7% year-on-year to 22,8323 trillion yen, the fifth consecutive quarter of increase.
In Japan, corporate business performance continued to recover led by the manufacturing industry due to the expansion of overseas demand, and the profit level in the first quarter exceeded 22,244 trillion yen in 2019, before the corona disaster, and is the highest since 1955, Yomiuri reported on the 1st. .
The Japanese manufacturing industry recorded 8,9347 trillion yen, up 18.4% in the first quarter, and the telecommunication equipment, semiconductor-related parts and chemical-related industries increased the figure higher as prices fluctuated due to high crude oil prices, while the non-manufacturing industry increased 10.9% to 13,8976 trillion yen. The wholesale business, which deals with the crude oil and transportation industry, showed high profits as container prices rose, recording Joen.
In the first quarter, Japan's net sales were 360.7941 trillion yen, an increase of 7.9%, and capital investment increased by 3.0% to 1,4904 billion yen, an increase for the fourth consecutive year.
Minister of Trade, Industry and Energy Lee Chang-yang, at a meeting of semiconductor companies on the 30th of last month, said, "All three elements of the 'investment, human resources, and manager (materials, parts, equipment) ecosystem' require intensive support from the government." We plan to announce a strategy for the development of the semiconductor industry.”
Minister of Science and ICT Lee Jong-ho also held a 'semiconductor talent nurturing meeting' on the same day and announced that the semiconductor major was opened in the undergraduate and graduate schools of the four major science and technology institutes, including the Korea Advanced Institute of Science and Technology (KAIST), and 3,140 working-level talents were nurtured over the next five years.
The Yoon Seok-yeol government set the goal of 'realization of a semiconductor superpower' by nurturing high-tech industries such as semiconductors as future strategic industries to secure a 'super gap' and create a new gap.
At a summit meeting with Japan on the 24th of last month, U.S. President Biden reached an agreement on a US-Japan cooperation system for advanced semiconductors.