The Liberal Democratic Party-led government is considering using taxpayer funds to purchase factories and other facilities from struggling electronics makers, materials producers and other manufacturers boost their competitiveness

A new economic revival headquarters set up by the administration … which was inaugurated last week, will discuss the details of the program, the sources said.

Wow. This will be worth monitoring. Managed correctly, this could be a huge positive; especially in the short-term. But … these things are very rarely, if ever, managed correctly. Market-based systems are my preference.

Electronics firms would get cash injection by selling factories and leasing them back, inviting moral hazard