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Japanese Prime Minister Shigeru Ishiba asserted Japan's autonomy in determining its defense budget, rejecting calls from the Trump administration to increase spending in response to regional security threats. Ishiba emphasized that Japan prioritizes the quality of its defense capabilities over the size of its budget.

Prime Minister Ishiba urged G7 leaders to avoid sending the wrong message to Russia during peace negotiations, emphasizing the need for a unified approach to achieve a just and lasting peace in Ukraine. He also condemned Russia's military cooperation with North Korea and expressed support for Japan's continued role in the conflict.

Japan has deported at least 17 foreigners who applied for refugee status since stricter provisions took effect in June 2024. The revised law allows for the deportation of foreigners whose refugee applications have been rejected twice, sparking criticism that it forces asylum seekers back to their homelands where they could face persecution.

Sumitomo Mitsui Financial Group Inc. (SMFG), a major Japanese financial institution, has withdrawn from the Net-Zero Banking Alliance, citing concerns about potential antitrust violations and the return of climate change skepticism under the second Trump administration. Despite the withdrawal, SMFG maintains its commitment to climate action.

Prime Minister Shigeru Ishiba called for unity within the LDP to win two key elections this summer, acknowledging the public's distrust of politics and outlining plans to address wage hikes, work-style reforms, and strengthening the alliance with the United States. The LDP faces an uphill battle to restore its strength after losing its Lower House majority in the October election.