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Despite TSMC's Entry, Kumamoto Prefecture's Finances Worsen, with a 68.5 Billion Yen Shortfall over Five Years (Kyodo News)

Summary by 熊本日日新聞社
On the 1st, Kumamoto Prefecture announced its general account income and expenditure estimates for fiscal years 2026 to 2030. While prefectural tax revenues are expected to increase with the expansion of semiconductor-related companies such as Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), infrastructure development costs such as road construction to combat traffic congestion are a burden, and the prefecture predicted a cumulative shortfal…
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On the 1st, Kumamoto Prefecture announced its general account income and expenditure estimates for fiscal years 2026 to 2030. While prefectural tax revenues are expected to increase with the expansion of semiconductor-related companies such as Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC), infrastructure development costs such as road construction to combat traffic congestion are a burden, and the prefecture predicted a cumulative shortfal…

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熊本日日新聞社 broke the news in on Saturday, May 31, 2025.
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