Japan ties ¥3.9bn semiconductor subsidy to 6.2% annual pay rises at Asahi Yukizai
The Ministry of Economy, Trade and Industry capped its growth-investment subsidy for Asahi Yukizai's ¥11.81bn semiconductor-valve project at ¥3.9bn, conditional on the company lifting employee pay by 6.2% a year from the year the new production equipment begins operating in 2029 through 2032.