Japan considering $500 billion defence expenditure over next five years
Defence budget could almost double under Prime Minister Shina Takaiichi's plan to enhance military capabilities
By Capital Kranti desk, Gandhinagar · Editor: Parth Thakkar
3 November 2026, 6:25 am · 1 min read
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According to a report by the South China Morning Post, the Japanese government and the ruling coalition are considering almost doubling defence expenditure over the next five years. This move is part of the efforts made by Prime Minister Shina Takaiichi to strengthen the country's military capabilities.
If this plan is implemented, defence expenditure for the five years starting from April 2027 will range from 70 trillion to 80 trillion yen (approximately 457 billion to 508 billion US dollars). This amount is about 1.8 times higher than the previously allocated expenditure of approximately 43 trillion yen.
According to two people familiar with the matter, Japan is set to make a major increase in its defence budget through this plan.
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