Back to today’s briefing

Story perspectives

Japan Seeks Record ¥122.4 Trillion Budget for Defense

9/4/2025

50 4

Summary

Story summary

Japan's government has requested a record ¥122.4 trillion ($822 billion) for the fiscal year starting April 2026, primarily due to increased debt-servicing costs and defense spending.
The Defense Ministry aims for a budget of ¥8.8 trillion, targeting 2% of GDP for military spending by 2027.
The budget emphasizes funding for long-range munitions and unmanned systems to strengthen national defense.

1 of 1

Story summary

Japan's government has requested a record ¥122.4 trillion ($822 billion) for the fiscal year starting April 2026, primarily due to increased debt-servicing costs and defense spending.
The Defense Ministry aims for a budget of ¥8.8 trillion, targeting 2% of GDP for military spending by 2027.
The budget emphasizes funding for long-range munitions and unmanned systems to strengthen national defense.