Tokyo's $1.4 billion in subsidies aims to help Imabari and rivals decarbonize fleets and compete with China and South Korea.

With a fractured opposition making a stable majority impossible, Tokyo's ruling party is quietly reviving its old tie-up - and that changes every boardroom's political risk calculus.

Tokyo's bid to lure SK Hynix's memory chip fab faces a South Korean policy wall, complicating the global race to secure advanced semiconductor capacity.