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Innovation
in Societal
Structures

  • FINTECH / FINANCE
  • MOBILITY
  • SMART CITY
  • HEALTHCARE
  • AND MORE
  • OPEN DATA

Changing societal structures is a chance to unlock new markets. An aging society, for example, stimulates demand for care & wellness products and services, which in turn pushes innovation in mobility, adminstration and infrastructure, to name but a few.

A smaller workforce can encourage greater efficiency, as well as more demand for higher skillsets to utilize the latest technological advances, as per the Society 5.0 vision. Many believe economies need population growth to expand. However, history shows us that growth happens when the skills of society reflect its economic opportunities.

FINTECH/FINANCE

FINTECH / FINANCE

Improve productivity in finance and commercial transaction area by utilizing new technologies to provide more stable and efficient financial services.

  • Plan to adopt cross sectoral financial regulations to allow seamless payments and to create a new fund transfer category between banks and payment services companies
  • Aim to prepare during 2019
    a fundamental approach to cross sectoral financial services legal framework to improve quality of financial services
  • Install open API (Application Programming Interface) systems in more than 80 banks by 2020 to further drive innovation

    *API is a software interface within which an application and other operations provide separate applications with a common function. In software development, a function provided by an API does not require further programming, which makes the process more efficient.

  • Achieve a 40% cashless payment rate by 2025

MOBILITY

MOBILITY

  • Starting with mountainous regions, introduce drone delivery services to include urban regions by the 2020s
  • Introduce driverless transportation services with the aim of making them commercial by 2020

    *Road tests ongoing in the capital and in mountains

  • Autonomous truck platoons for mass transportation to address the shortage of truck drivers (commercialization by 2022)
  • City planning will include new mobility options so that model cities include autonomous driving, shopping support and MaaS (Mobility as a Service) from the start
  • Transport data dissemination via Apps will be introduced from this fiscal year to ease congestion, especially during peak times and major events

SMART CITY

SMART CITY

  • National and city governments to join forces to encourage municipalities and local businesses to embark on smart-city model projects that incorporate the latest technologies and a data-driven approach in their area
  • Integrate town-planning with new mobility services and private data capacities to develop the “Compact · Plus · Network,” ensuring that urban areas have efficient and clean transport that meets aging population needs
  • Collaborate with international partners such as at ASEAN Smart Cities Network, Super City Smart City Forum and Asia Smart City Conference, to discuss new architectures for sustainable urban development

NEXT-GENERATION INFRASTRUCTURE

  • Use robotics and sensors to repair and improve productivity of infrastructure, and cut costs
  • Introduce data-driven operations to improve precision of construction, renewal and maintenance processes

PPP & PFI

  • Bring in private business to boost public utilities as part of transformation into Smart City
  • Consider ways to leverage private initiative at utilities to generate long-term revenue and better cost-performance

HEALTHCARE

HEALTHCARE

  • Integrate and store PHR (Personal Health Records) by 2020 using big data to provide customized medical care; this includes medical checkup, treatment, and nursing care records
  • Enhance remote medical care services and combine them with face-to-face examinations (enabled in part due to a FY2018 revision of medical service fees)
  • Use AI and robots at long-term care facilities to maintain/improve users’ quality of life and reduce burden on caregivers
  • Introduce the world's fastest approval process for regenerative medicine and grow Japan's market for the same to 26 trillion yen by 2020
  • Nominate specific geographies as hubs for cardiac, neurologic and ophthalmic treatment
  • Create a faster R&D process to motivate innovation in pharmaceuticals and medical devices
flagAchievements
  • Rapid development in advanced heart failure treatments such as myoblast cell-sheet transplants
  • World’s first successful iPS origin retinal cell transplant operation for age-related macular degeneration

AND MORE

AND MORE

DIGITAL GOVERNMENTDIGITAL GOVERNMENT

  • Change administration by making all services and procedures digital
    • Eliminate attachments required in various procedures, and modernize personal identification procedures

SMART AGRICULTURESMART AGRICULTURE

  • Agriculture of tomorrow means utilizing sensors, big data analysis and AI to help farmers move to larger-scale, less labor-intensive production while integrating them into the modern farm-gate-to-store supply chain at minimal cost. The approach will be expanded to forestry and fishery industries

NATIONWIDE 5G, LOCAL 5GNATIONWIDE 5G, LOCAL 5G

  • Start commercial 5G (5th Generation Mobile Communications System) services across the country in 2020 to cope with increasing data volumes, while ensuring cyber security
    • Government to provide assistance in deployment of base stations and optical fiber
  • Promote and support business models that go beyond traditional services in various fields, especially by taking advantage of local 5G systems

OPEN DATA

  • Open up government data to promote innovative products and services, particularly in eight selected areas that include healthcare, agriculture, energy and mobility
  • Provide open access to geospatial information to promote new business ideas (the G-Spatial Society initiative)

1

Innovation
in Societal
Structures

  • FINTECH / FINANCE
  • MOBILITY
  • SMART CITY
  • HEALTHCARE
  • AND MORE
  • OPEN DATA

ABENOMICS TOP

Boost productivity