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Home Eastern Asia Japan

Nihon Hidankyo urges investment ban on makers of nuclear weapons

by Asia Today Team
April 11, 2026
in Japan
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Nihon Hidankyo, a bunch of atomic bomb survivors in Japan, mentioned Friday that it’s going to launch a marketing campaign urging monetary establishments to not put money into or give loans to corporations that manufacture nuclear weapons.

Nihon Hidankyo, formally known as the Japan Confederation of A- and H-Bomb Victims Organizations, and others will make the request on to monetary establishments, arguing that “because the Treaty on the Prohibition of Nuclear Weapons has develop into a world customary, offering funds to (nuclear weapon) producers runs counter to company social duty.”

The group met with officers of Sumitomo Mitsui Monetary Group the identical day to name for the prohibition. It’s set to make the identical request to Mizuho Monetary Group on April 17. Sumitomo Mitsui and Mizuho are amongst Japan’s three megabank teams.

“Nuclear weapons are the weapons of the satan,” Nihon Hidankyo co-chair Terumi Tanaka, 93, instructed a information convention in Tokyo. “Regardless of the type, (individuals and firms) mustn’t take part of their creation.”

Masako Wada, assistant secretary-general of the group, mentioned she doesn’t count on monetary establishments’ involvement in nuclear weapon manufacturing and mentioned, “It is vital to allow them to know.”

“I hope that the general public will understand how their deposits are getting used and that monetary establishments as an entire will transfer to withdraw funds” from nuclear weapons makers, mentioned Takeo Nakagawa of the Physicians towards Nuclear Conflict group.

Resona Holdings, a significant banking group, and Nippon Life Insurance coverage, Japan’s main life insurer, have guidelines prohibiting investments and loans linked to nuclear weapon manufacturing.

 

 

 



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