Mitsubishi Heavy Industries Speaks Out After Being "Restricted"
On February 24, 2026, the Chinese Ministry of Commerce added five subsidiaries of Mitsubishi Heavy Industries and 20 other Japanese companies to the entity list, aiming to "stop Japan" from re-militarization and nuclear ambitions. After two days of silence, Mitsubishi Heavy Industries spoke out through the media.
According to a report by (The New York Times), Mitsubishi Heavy Industries stated that its aircraft engines, ship components, and several companies were included in the Chinese list, with limited short-term impact. If the restrictions last longer, it could bring unpredictable factors.
After the release of the Chinese restriction announcement, the capital market reacted quickly, with the Tokyo defense and heavy machinery sector immediately being sold off. The stock price of Mitsubishi Heavy Industries fell as much as 3.6%, while Kawasaki and Kisha Corporation saw drops exceeding 5%.
Japan is highly dependent on key materials, with 99% reliance on Chinese rare earths and 90% reliance on special alloys. Although the United States has promised to help Japan, its own needs are difficult to meet. Moreover, building new factories would take at least three years. For now, Japan will have difficulty finding suitable supply chains in the short term, and Mitsubishi Heavy Industries' military industry business will be long-term constrained by China.
Original article: toutiao.com/article/1858141545831433/
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