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Latecomer Japan eyes slice of rising global defence spending

Prime Minister Sanae Takaichi’s government says the shift could help Japanese firms tap a global arms market that grew 41% to nearly $3 trillion.

  • Prime Minister Sanae Takaichi's government ended long-standing restrictions on lethal weapon exports last month, allowing Japanese firms to supply arms to 17 countries with defense cooperation agreements.
  • Departing from a strict pacifist policy adopted after World War II, this shift represents a 'transition from a domestic, ministry-led procurement model to a normal practice,' Bloomberg Intelligence analyst Ian Ma said.
  • The global defense market soared 41 percent between 2016 and 2025 to nearly $3 trillion, yet Rival IHI cautioned that Japanese firms face 'homework' including capacity and workforce shortages.
  • A recent Nikkei poll found 55 percent of respondents opposed the strategy, while Mitsubishi Electric said the new rules would not have a 'significant immediate impact on our business.'
  • Japan aims to focus on 'higher-tech niches' like advanced missiles and electronics to capture demand from countries seeking alternatives to the United States, according to the Stimson Center.
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Latecomer Japan eyes slice of rising global defence spending

Long-pacifist Japan has shed its self-imposed ban on lethal weaponry exports, gunning for a prominent place in the global defence trade -- a challenging feat that analysts say could take years to achieve.

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KULR-TV broke the news in Billings, United States on Sunday, May 3, 2026.
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