Kansai Electric Power will begin surveys for the construction of a new nuclear power reactor at its Mihama power station in Fukui prefecture, western Japan, to replace the existing facility, the company said on Tuesday.

A Japanese power company unveiled plans for the country’s first nuclear reactor since the 2011 Fukushima meltdown.

Prime Minister Shigeru Ishiba is under increasing pressure to bow out after his party and junior coalition partner Komeito lost their majority in Sunday's election.

Through this development, PXP and Tokyo Gas will make it possible to install solar panels on roofs with low load-bearing capacity, which has previously been difficult, thereby playing a part in expanding the amount of solar power generation in Japan and contributing to the realization of a carbon-neutral society, according to a press release.

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Trump said the U.S. will impose a 15% tariff on Japanese imports under the agreement, which he hailed as "maybe the largest deal in history."

China has expanded its military presence —particularly its navy—across the Western Pacific in recent years, raising alarms among the U.S. and its regional allies. It has also built up a large missile arsenal capable of striking Japan, including U.S. military bases located there.

A once-promising Japanese chipmaker has collapsed under mounting debt, a slowdown in electric vehicle (EV) sales, and a surge in supply from Chinese rivals. The company filed for bankruptcy protection last week, less than three years after its widely heralded launch in late 2022.