Story perspectives
China Blacklists 20 Japanese Firms After Takaichi's Win
2/24/2026
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Story summary
- China has blacklisted 20 Japanese entities, including Mitsubishi Heavy Industries, after Prime Minister Sanae Takaichi's electoral victory.
- The Ministry of Commerce's export control list prohibits these firms from receiving dual-use items.
- The move triggered a Tokyo defense-sector selloff.
- Mitsubishi Heavy Industries shares fell 3.6%.
- Twenty more entities, including Subaru, were placed on a monitor list that increases export checks.
