The Argument is a feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints.
The Japanese government deserves to be congratulated for having elevated national security to a priority, with a review of financial rules and regulations an important part of the debate. There can be no doubt that policymakers must, and can, do more to ensure Japan will continue to be a top-tier nation, admired for her sovereignty, prosperity and global competitiveness.
Unfortunately, making it more difficult and cumbersome for global investors to buy Japanese companies is not going to do much to achieve the goal of securing greater national security.