Based on this consideration, I believe it is meaningful that the government is considering support for R&D in the manufacturing sector and small and medium-sized subcontractor firms, to alleviate the pain associated with the yen’s appreciation and prevent the hollowing out of domestic industries. Third, a rise in electricity costs.
This summer, the shortage of electricity did not substantially affect the production level, thanks to firms’ creativity and endurance as well as individuals’ efforts to save electricity.