日本政策渐显高市色彩，将限制大型光伏电站开发

Group 1: Government Policy Changes - The new government led by Prime Minister Kishi Sanae officially started on October 22, with a clear shift in policies compared to the previous administration under Ishiba Shigeru, particularly in economic and defense areas [2] - The coalition agreement between the Liberal Democratic Party (LDP) and the Japan Innovation Party emphasizes a regulatory approach to the development of large-scale solar power plants, specifically MegaSolar, with legal measures to be implemented by 2026 [4] Group 2: Environmental Energy Policy - The Kishi government plans to regulate the development of MegaSolar plants due to concerns over environmental damage and the dominance of foreign-manufactured solar panels in the Japanese market, which accounted for 95% of shipments in the April to June 2025 period, a 29 percentage point increase from a decade ago [4] - Prime Minister Kishi has expressed strong opposition to the proliferation of foreign-made solar panels, citing environmental concerns and the need to protect Japan's natural landscapes [4] Group 3: Renewable Energy Goals - The Japanese government aims to increase the share of solar power in the energy mix to approximately 23% to 29% by 2040, with a focus on promoting lightweight and flexible perovskite solar cells developed in Japan [5] - The introduction of solar power in Japan has rapidly expanded since the launch of the fixed price purchase system (FIT) in 2012, although the pace of adoption may face challenges [5] Group 4: Agricultural and Labor Policies - The new government may reverse the previous administration's policy of increasing rice production, with the new Minister of Agriculture emphasizing production based on market demand rather than intervention [5] - Prime Minister Kishi is also looking to address the issue of underemployment by exploring the possibility of relaxing current labor time restrictions while ensuring worker health and autonomy [5] Group 5: Economic and Fiscal Policy - The new Finance Minister, Katayama Satsuki, emphasized a responsible and proactive fiscal approach, indicating that the supplementary budget for economic measures must be sufficiently scaled [6] - The government aims to maintain fiscal discipline while gradually reducing the ratio of net government debt to GDP, which is a key indicator for Prime Minister Kishi [6]