Japan ODA financed railway projects in Myanmar are proceeding with the illegal junta, an investigation has revealed.

New research conducted by BankTrack and Justice For Myanmar finds that SMBC, MUFG and Mizuho Bank provide considerable loans and financial services to companies with ties to the Myanmar military junta.

Mekong Watch and JFM have sent letters to TASAKI and its potential investors raising concerns over TASAKI’s continuing partnership with Myanmar Pearl Enterprise (MPE), a state-owned enterprise illegally controlled by the Myanmar military junta.

In a letter sent to TASAKI, Mekong Watch and Justice For Myanmar have expressed concerns that TASAKI's ongoing partnership with Myanmar Pearl Enterprise contravenes human rights responsibilities under the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights.

In a letter sent to FountainVest Partners and Unison Capital, which are reportedly planning to jointly acquire TASAKI, Mekong Watch and Justice For Myanmar have pointed out that this acquisition might lead to failures in meeting their responsibilities under the UN Guiding Principles and OECD guidelines.

85 organisations including JFM express deep concern that Japan may be complicit in the atrocity crimes of the Myanmar military by providing ODA and public funds to the benefit of the military. We strongly demand that the Japanese government suspend all yen loan projects currently being implemented.

JFM is one of six organisations releasing an open letter calling on Japan to withdraw investment and stop the injection of public funds into the Y Complex project, following US sanctions on the Myanmar junta's defence ministry.

Japan has continued railway improvement projects following the Myanmar military’s illegal coup attempt, a Justice For Myanmar investigation based on public sources and leaked documents has revealed.

According to leaked documents and public sources, the Tokyo-based ASEAN-Japan Centre on Trade, Investment and Tourism provided a grant to the junta’s investment and foreign economic relations ministry for a capacity building program on reforms required to implement international investment agreements.

Six CSOs sent a letter to 160 major investors in MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank raising concerns about the banks' business in Myanmar.

Six civil society organizations that work on business and human rights sent a letter dated September 30, 2022 to 160 major investors in three major Japanese banks (MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank) that are investing or lending to projects that may benefit the Myanmar military, or that hold shares in Japanese companies that may be complicit in human rights violations in Myanmar.

Eight investors in Tokyo Tatemono and Daiwa House Industry have replied to a letter sent by CSOs regarding concerns over the Myanmar military linked Y Complex project. More action is required of investors to prevent complicity in human rights violations.