Link: The most interesting unicorns to come out of Japan

Japan's startup sector, historically underperforming compared to global leaders, is showing signs of positive change. An aging workforce and economic stagnation previously deterred entrepreneurship, steering talent towards established corporations instead.

Despite housing only a handful of unicorns, Japan's startup scene is getting a significant governmental boost aimed at revitalizing interest and investment.

The Japanese government's ambitious "Startup Development Five-Year Plan" aims to foster a new era of innovation by helping create 100,000 startups and nurturing 100 unicorns by 2027.

However, most venture capital for Japanese startups still comes from foreign investors, with U.S. entities alone responsible for half of the investments.

Unique to Japan, startups tend to pursue public listings earlier than their global counterparts, facilitated by lenient IPO regulations on the Tokyo Stock Exchange.

Juxtaposed against international competition, several Japanese unicorns are showing promise, particularly in sectors like AI, fintech, and sustainable materials. #

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