Overview
- The government now holds 11.5% of voting rights in Rapidus after investing ¥100 billion via the Information-technology Promotion Agency.
- The latest financing totals ¥267.6 billion, including ¥167.6 billion from 32 private investors such as SoftBank, Toyota, and Sony.
- The state’s overall stake is 40% when including non-voting shares that can convert to voting stock if serious problems arise at the company.
- Rapidus is building a next-generation semiconductor foundry in Chitose, Hokkaido, and plans to move toward 2-nanometer logic chip production by 2027.
- Total investment needed to reach mass production is estimated at about ¥5 trillion, with roughly ¥2 trillion committed to date.