Japan Update: Nikkei Asian Review
Subject: Out of China 

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	Japan Update April 22, 2020

	Japan preps first subsid  to compan moving  production out of China TOKYO/SENDAI, Japan -- Consumer products maker  Iris Ohyama is set to become  the first Japanese company  to receive a government  subsidy to shift production  away from China in an effort  to build more resilient  supply chains.  In June, Iris will begin  producing  face masks at its home  base in northern Japan.  The company  will produce masks  from scratch, including the fabric.  It wants  to pay 75% of the cost with  subsidies. The government has set  aside  more than 240 billion yen  ($2.2 billion) for subsides  to reorganize supply chains.
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