Japan Expands Film Incentive Program with Multi-Year Subsidies for International Productions
Japan's Ministry of Economy, Trade and Industry has announced an extension of its film and television incentive program through fiscal year 2026. The program, managed by the Visual Industry Promotion Organization and the Japan Film Commission, now includes multi-year subsidies, allowing projects to receive support over two years. This change addresses the previous system's strict timeline for expense reporting, which required expenses to be reported by the end of January following the grant decision. The updated program accommodates project timelines that cross the Japanese fiscal year boundary. Since its inception in 2023, the program has supported 18 film and television projects, including notable productions like 'The Smashing Machine' and 'Rental Family'. The revamped incentive scheme is set to launch in late spring 2026, with application guidelines to be announced later. 
