Japanese government formed a panel to discuss the possibility of SPAC in Japan.
In order to encourage people to start businesses Japanese government formed several working group to discuss how to grow startup communities. I guess this SPAC panel is a similar effort made by the government. Japanese Cabinet Secretariat's website released documents related to the startup working group in Japanese.
The link of the website is below.
Japan should consider whether to allow firms to list through a Special Purpose Acquisition Company (SPAC) on exchanges, a government panel tasked with drafting the country’s growth strategy proposed on Wednesday.