Japan's military pivot is driving growth for NEC, a leading defense technology company. The shift towards increased military spending is expected to continue, with the Japanese government planning to increase its defense budget by 7% annually until 2027. This development is boosting NEC's defense business, which has seen significant revenue growth in recent years. The company is well-positioned to benefit from this trend, given its strong reputation for delivering cutting-edge technology solutions.

Source: https://www.bloomberg.com/news/articles/2024-10-25/japan-s-military-pivot-is-firing-up-nec-s-defense-tech-business