Japan launched its own satellite positioning, navigation, and timing (PNT) system called Michibiki on Thursday, 1 November 2018, as part of an effort to generate new businesses worth nearly 5 trillion yen (U.S.$44.4 billion) by 2025, as companies such as SoftBank Group, Mitsubishi Electric, and Hitachi develop applications in automated driving, farming, and other sectors that will use the Michibiki system.






