In September, the President-elect said he would make some capital expenditures immediately tax-deductible and expand tax credits for research and development.
According to McKinsey, a consultancy, to close the global supply gap for copper alone would require $200bn of capital expenditure over the next decade.
Over the three year period, Mitsubishi plans to allocate about one trillion yen to sustaining capital expenditure and more than three trillion to growth investments.
So the distribution system, the little wires, is almost half of utility capital expenditures and have been the driving factor for price increase of electricity.