Japanese regulators are inquiring about banks and insurance companies regarding defense financing.

According to reports, Japan's Financial Services Agency has inquired with major banks and life insurance companies about the financing and investment situation of defense industries recognized by the government as having strategic significance. According to informed sources, the regulators asked the banks and insurance companies about the scale of financing for this sector and related internal policies. The sources also indicated that the regulators inquired whether there were any restrictions on banks and insurance companies in providing funds to startup companies developing dual-use technologies, such as drones. Due to the private nature of the matter, the sources requested anonymity.