Japan renounces the Washington Naval Treaty of 1922 and the London Naval Treaty of 1930.

The Washington Naval Treaty, also known as the Five-Power Treaty, was signed during 1922 among the major Allies of World War I, which agreed to prevent an arms race by limiting naval construction. It was negotiated at the Washington Naval Conference in Washington, D.C., from November 1921 to February 1922 and signed by the governments of the British Empire, United States, France, Italy, and Japan. It limited the construction of battleships, battlecruisers and aircraft carriers by the signatories. The numbers of other categories of warships, including cruisers, destroyers, and submarines, were not limited by the treaty, but those ships were limited to 10,000 tons displacement each.

The London Naval Treaty, officially the Treaty for the Limitation and Reduction of Naval Armament, was an agreement between the United Kingdom, Japan, France, Italy, and the United States that was signed on 22 April 1930. Seeking to address issues not covered in the 1922 Washington Naval Treaty, which had created tonnage limits for each nation's surface warships, the new agreement regulated submarine warfare, further controlled cruisers and destroyers, and limited naval shipbuilding.

December 29 is the 363rd day of the year in the Gregorian calendar; two days remain until the end of the year.