Japan has moved to block a foreign buyout of machine maker Makino Milling by MBK Partners, citing national security risks to its defense industry.

The Japanese government has urged MBK Partners to halt its bid to acquire machine tool maker Makino Milling Machine, citing national security concerns.

Ahead of the 15th anniversary of the Great East Japan Earthquake and the accident at Tokyo Electric Power Company's Fukushima Daiichi Nuclear Power Station on the 11th of this month, Reconstruction Minister Makino stated on NHK's "Sunday Discussion" that he intends to advance the identification of utilization methods for the reuse of soil removed during decontamination and stored in Fukushima Prefecture.

MBK's attempt to acquire Japan's Makino Milling was reportedly derailed due to security concerns, highlighting geopolitical factors in M&A deals.

Japan's government has moved to block a foreign takeover deal of Makino Milling Machine, citing national security concerns. The government issued a recommendation to halt the tender offer, stating it could harm national security.

Regarding the reconstruction from the Great East Japan Earthquake and the nuclear accident, Minister Makino stated that the nation must take responsibility and be involved until the end in the mid- to long-term challenges for Fukushima's reconstruction, and expressed his intention to make full efforts to enable those who wish to return to do so as soon as possible.

Japanese investor NSSK is reportedly pursuing a takeover of Makino Milling Machine, a prominent manufacturer, signaling potential consolidation in the industrial machinery sector.

Japan's government is reportedly moving to block a takeover bid for machine tool maker Makino by MBK, citing national security concerns.