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Politics

Japan to block coronavirus bargain hunters seizing key companies

Ruling party worries that defense and nuclear industries are vulnerable

A camouflaged type 16 maneuver combat vehicle built by Mitsubishi Heavy Industries is used in training. (Photo courtesy of the Japan Ground Self-Defense Force)

TOKYO -- Japan's former Economic Revitalization Minister Akira Amari, a confidant to Prime Minister Shinzo Abe, posits a nightmare scenario for national security: Struggling Japanese companies being scooped up by foreign entities, their data and information leaked overseas and Japan excluded from  a group of like-minded democracies because it cannot be trusted with sensitive intelligence.

"Economic security is just as important as military power," Amari said in an interview.

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