17:01 JST, February 16, 2026

Can Japan’s shipbuilding industry launch a counteroffensive and regain its position, having been overshadowed by Chinese and South Korean competitors? Japan must chart a path to revival as a major shipbuilding nation with technological innovation.

Prime Minister Sanae Takaichi intends to advance strategic investments that enhance resilience against potential crises under “responsible and proactive public finances” and views shipbuilding as a key sector.

To revitalize Japan’s shipbuilding industry, the government late last year formulated a roadmap through 2035. It set a target to boost annual shipbuilding output to 18 million gross tons by doubling the 2024 level.

The government will establish a fund of about ¥350 billion and proceed with public-private investments totaling ¥1 trillion. It also called for reorganizing........

© The Japan News