New startup wave challenges Japan's aversion to risk

New startup wave challenges Japan's aversion to risk

Astroscale Japan Inc President Miki Ito poses with a model of the company's IDEA OSG 1, the world's first in-situ micro satellite, at the company in Tokyo, Japan, December 5, 2016. REUTERS/Toru Hanai

A wave of startups is emerging in famously risk-averse Japan as cash-rich corporations increasingly delegate the task of keeping pace with technologies such as artificial intelligence and robotics to smaller, nimbler businesses.

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