Japan eyes state takeover of aging plants making critical materials

Government would update equipment before returning sites to private sector A single company's facilities can be critical to Japan's broader industrial supply chains in some cases. (Photo by Yuki Nakao)

The Details

November 13, 2026 01:54 JST

TOKYO -- The Japanese government is considering a framework under which it could temporarily nationalize privately owned facilities making strategically important products, such as chemicals and castings, that are crucial for economic security.

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