The Japanese government has increased its military spending and published its Defence Strategy and other two Defence Papers. Government officials approved on Friday three documents laying out the new policies. Prime Minister Kishida Fumio said current capabilities governing Japan's Self Defense Forces are "insufficient”.
The new strategy documents noted that countries surrounding Japan have made major advances in missile-related technologies in both qualitative and quantitative ways. Missile attacks against Japan are now a “palpable threat,” and Japan needs capabilities beyond existing ballistic missile defences to protect itself, it said. Japan considers counterstrike capabilities a potentially powerful conventional deterrent. In light of these changes, how will these changes affect the defence market in Japan?Mr Masanori Nishi, Former Administrative Vice Minister of Defence, current Chair of the DSEI Japan Comittee, joins us to discuss these changes and provide insight into Japanese approaches to developing the military domain.