Japan Unveils $400 Billion Investment Candidates During Trump Visit

Targets Include Energy, AI Infrastructure, and Critical Minerals

As U.S. President Donald Trump visits Japan, local companies have released a list of business projects that could potentially attract investment in the United States.

According to Kyodo News and NHK, the Japanese government posted a "U.S.-Japan Joint Fact Sheet on Investment" on its official website on this day, outlining these details.

Company logo installed on the Toshiba building in downtown Tokyo, Japan. Photo by Yonhap News

The document shows that Japanese companies are interested in investing in four key sectors in the United States: energy, power development for artificial intelligence (AI), strengthening AI infrastructure, and critical minerals. The total scale of projects in these sectors amounts to 400 billion dollars (approximately 575 trillion won).

More than ten companies have expressed interest in investing in the United States, including Hitachi, Toshiba, Panasonic, Mitsubishi Electric, and SoftBank Group. For example, Mitsubishi Heavy Industries, Toshiba, and IHI are considering participating in the U.S. Westinghouse (nuclear power plant) project, which involves the construction of AP1000 nuclear reactors and small modular reactors (SMRs) and is valued at 100 billion dollars (approximately 144 trillion won).

The fact sheet states, "We express strong expectations that various projects contributing to future supply chain enhancement will be promoted, including those covered by the 550 billion dollar memorandum of understanding on U.S.-bound investment signed by the U.S. and Japanese governments on September 4."

No investment destinations have been finalized yet. There is speculation that if Japanese companies invest in some of the projects listed in the fact sheet, these investments could be included in the previously pledged amount of U.S.-bound investment.

Meanwhile, U.S. Secretary of Commerce Howard Lutnick mentioned in an interview with the Nihon Keizai Shimbun (Nikkei) the previous day that more than half of Japan's investment in the United States could be directed toward electricity and energy development.