Cool Japan Fund may be scrapped by industry ministry after posting high losses (opens original article in a new tab)

Japan's industry ministry may scrap or merge the loss-making Cool Japan Fund, which reported ¥54 billion in cumulative losses for fiscal 2025, exceeding its target.

• Japan's industry ministry plans to consider abolishing or merging the Cool Japan Fund due to high losses
• Cool Japan Fund reported ¥54 billion in cumulative losses for fiscal 2025, exceeding the target of ¥42.6 billion
• The fund, established in 2013, has invested ¥204 billion in 83 projects and recorded a ¥15.6 billion net loss in 2025