Amendments to the Economic Security Promotion Act and the Japan Bank for International Cooperation Act

The Cabinet Office describes the reform as a response to evolving economic-security risks. It expands support to services indispensable to the supply of critical goods, makes specified medical activities eligible for designation under the critical infrastructure framework, and provides for public-private consultation and economic-security research.

The reform also establishes a framework for supporting government-certified overseas projects important to economic security but facing uncertain commercial returns. JBIC plans to use a dedicated account and instruments including subordinated equity investment. The framework does not confer an automatic right to finance.

Sources: [1] [2] [3] [4] [5]

The Cabinet submitted the bill on 19 March 2026. Following amendments in the House of Representatives, the House of Councillors passed it on 10 June 2026. The Act was promulgated on 17 June 2026 as Act No. 38 of 2026.

JBIC reported commencement on 18 September 2026 but stated that the new support business still required budgetary measures and preparation. The Cabinet Office reports that the public-private council adopted its rules on 1 October 2026. One linked e-Gov amendment record has no effective date, so individual provisions should be checked rather than assuming every part is operative.

1. 2026-03-19 — Cabinet bill submitted to the Diet [1]
2. 2026-06-10 — Passed by the House of Councillors; enacted [1]
3. 2026-06-17 — Promulgated as Act No. 38 of 2026 [1]
4. 2026-09-18 — Provisions recorded by e-Gov and JBIC take effect [2] [3]
5. 2026-10-01 — Public-private council rules adopted [4]

The timeline of related official records below lists the records this dashboard has matched.

Sources: [1] [2] [3] [4] [5]

Confirmed next steps

• JBIC says it will prepare the dedicated-account support business with the government after necessary budgetary measures. [3]
• The Cabinet Office plans to establish a comprehensive economic-security research function during fiscal 2026. [4]

Expected procedural steps

The usual procedure for this kind of instrument; not a forecast for this reform.

• Further designation and operating guidance may clarify eligibility and financing procedures; this is a procedural expectation rather than a confirmed timetable.

Outstanding uncertainties

• The official JBIC notice reviewed does not give a definite launch date for the new dedicated-account support business.
• Not all linked e-Gov amendment records identify a commencement date; provision-specific confirmation remains necessary.

Companies involved in critical goods or indispensable supporting services should review new designations and the actual legal effect of any relevant subordinate rules. The reform also addresses best-efforts duties and requests for cooperation; these should not be confused with universal mandatory filings.

Overseas project sponsors may evaluate the new economic-security finance framework. The Act's commencement does not mean that all projects qualify or that JBIC has already begun taking applications.

Points to check

• Compare your critical goods and supporting services with the Cabinet Office's latest designations.
• For medical activities, check whether the particular business has been designated before assuming a statutory review obligation.
• For overseas projects, monitor government certification rules and JBIC's operational launch.
• Follow the Cabinet Office's public-private council and research updates.

Sources: [1] [2] [3] [4] [5]