Mireya Solís

Prime Minister Takaichi has secured a super-majority and explicitly identified the defense industry as a priority sector for industrial policy and exports. She aims to amend the constitution to allow for a more robust military stance. This is a regime change for Japanese industrials. Japan has advanced manufacturing capabilities but has been legally restricted from the global arms trade. Unlocking defense exports turns domestic industrial giants into global defense primes. LONG. Look for Japanese heavy industrials (often found in broad Japan ETFs or specific industrial baskets) and global defense ETFs (ITA) that may partner with them. Public backlash against constitutional amendments or geopolitical friction with China.