The national university in the northeastern Japan prefecture of Miyagi is set to be formally selected as early as fiscal 2024 as a recipient of annual financial support for up to 25 years from fiscal 2024, starting with around 10 billion yen ($69 million) in the initial year.
Under the new Universities for International Research Excellence program, the grants will be paid out of profits generated from a 10 trillion yen fund.
Tohoku University has been rated highly for its large number of research paper citations, and measures to strengthen its research capabilities and reform its management, the ministry said.