With Toyota Motor Corporation at the top, Aichi Prefecture is home to the headquarters and factories of 1,467 companies including Toyota Group mega suppliers such as Denso and Aishin, and Tier 2 and lower parts companies.
The shift towards electric vehicles (EV) is a movement that paves the way for realignments that transcend national borders and industries, such as in the form of Japanese and American automobile manufacturers creating partnerships.
At its Monetary Policy Meeting on July 31, 2024, the Bank of Japan took a historic step to markedly accelerate its exit from unconventional easing—i.e., “policy normalization.” The decision rests on two pillars.