Japan has warned Sumitomo Heavy Industries Ltd. and a subcontracted firm for violating its foreign exchange and trade control law in leaking blueprints for military-use machine gun parts to a Chinese company.
The weapon, if selected, was to be produced cured for Japan's Ground Self-Defense Force.
Some component blueprints were given by Sumitomo Heavy to the subcontractor, who shared those with the Chinese firm without authorization.
Sumitomo Heavy had bid to procure the machine guns but withdrew its participation due to the inadequacy of the deal and lack of business prospects.
The subcontractor claimed it was not aware the parts were for weapons.
Moving forward, Sumitomo Heavy vowed to thoroughly supervise its subcontractors.
Chief Cabinet Secretary Katsunobu Kato, the government’s top spokesman, said they will deal with it appropriately.


Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites
Goldman Sachs Raises USD/JPY Forecast, Sees Yen Weakness Persist Through 2027
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round
Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices 



