Tokyo startup

Japan's Defense Ministry is drawing up a new program to back startups developing unmanned aerial vehicles and related defense products. The initiative would help young companies enter the defense market, where barriers have traditionally been high. It reflects Tokyo's broader push to grow its defense industry base and expand domestic drone capabilities amid regional security concerns.

Japan's Defense Ministry has announced it will support startups working on unmanned aerial vehicle development, according to the Japan Times. The move aligns with Tokyo's broader push to strengthen its defense industrial base and tap private-sector innovation for military technology. Details on funding amounts and selected companies have not yet been reported.

Japan's Defense Ministry announced it will support startups involved in the development of unmanned aerial vehicles, better known as drones. The initiative aims to bring private-sector innovation into the country's defense technology base, as Tokyo moves to strengthen its domestic defense industry and catch up in areas where established contractors have lagged behind global peers.

A Tokyo-based startup plans to begin brokering trades of unlisted Japanese stocks for investors in the United States and the United Kingdom, according to a report by Nikkei Asia. The move would give overseas investors access to Japan's private-company shares, a market that has traditionally been difficult for foreign buyers to reach.