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2026-09-21 23:22:11
[Japan Plans New Legal Entity to Boost Defense Equipment Exports] According to a report by Kyodo News on September 20, citing sources, the Japanese government plans to establish a new legal entity in fiscal year 2027. This new entity will be "closely related to defense." The report states that the new legal entity will coordinate the promotion of defense equipment exports, foster related emerging companies, strengthen the production base, and manage nationalized key equipment manufacturing plants. The report notes that this move has been questioned by some opposition parties in Japan, who point out that it is reminiscent of pre-World War II Japanese arsenals. (CCTV International News)
