
Japan to Dissolve Cool Japan Fund After Significant Losses
The Japanese government plans to dissolve the Cool Japan Fund following heavy losses totaling $340 million. Despite this, the government will continue to support content grants, indicating a shift in strategy for promoting Japanese culture abroad.
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Gov't to dissolve Cool Japan Fund after heavy losses of $340 million
TOKYO -- The Japanese government has decided to dissolve Cool Japan Fund Inc., a public-private investment fund saddled with massive cumulative losses
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The fund had accumulated losses of approximately ¥54 billion by the end of fiscal 2025.
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