• Japan and the U.S. are preparing a $500B investment fact sheet featuring Mitsubishi Heavy Industries and other major firms.
• The deal focuses on power generation and automobile-related projects under the September tariff agreement.
• The first selected project could be announced by year-end — here is how this move could reshape bilateral industrial ties.
Japan and the United States are finalizing a fact sheet outlining potential investment projects involving major Japanese firms such as Mitsubishi Heavy Industries, according to a senior Japanese government official cited by Reuters. The initiative is part of a $550 billion (83 trillion yen) investment package agreed under Tokyo’s September tariff deal with Washington, signaling deepening economic cooperation between the two nations.
Focus on Power and Auto Projects
The fact sheet is expected to feature power generation and automobile-related projects as key investment areas. U.S. officials have reportedly shown particular interest in a power generation project by Mitsubishi Heavy Industries, which could be the first selected under the new framework. Project selection may occur before the end of this year, pending evaluations of other proposals.
High-Level Coordination in Progress
While specific project details are still being developed, the document will name companies and initiatives that have expressed interest in expanding operations or investments in the United States. The final fact sheet will be approved by Prime Minister Sanae Takaichi, U.S. President Donald Trump, and working-level officials from both governments. Both the Japanese government and the U.S. embassy in Tokyo have declined to comment, while Mitsubishi Heavy Industries has yet to issue a statement.
What Comes Next
This collaboration underscores the growing strategic and industrial ties between Japan and the U.S., particularly in energy transition and advanced manufacturing. If successful, the partnership could pave the way for major Japanese corporate investment in U.S. infrastructure and clean energy. With the fact sheet expected soon, markets will be watching for details on which projects and companies make the final list.
