Following the inauguration of Shigeru Ishiba’s Cabinet on the 1st, there has been a flurry of policy requests and expectations for the new administration from the business community.
Masanori Katayama, chairman of the Japan Automobile Manufacturers Association (chairman of Isuzu Motors), said, “Japan is facing a variety of challenges, including completely breaking away from a deflationary economy and achieving carbon neutrality (reducing greenhouse gas emissions to virtually zero). ” he pointed out. He then commented, “I hope you will tackle these issues with a sense of speed and decisiveness.”
Japan Iron and Steel Federation Chairman Tadashi Imai (President of Nippon Steel) emphasized that “the development of the manufacturing industry is essential for economic growth.” Based on this, he called for the use of nuclear power, including new installations and replacements, with safety as the main premise, the promotion of GX (green transformation), and further support for corporate technology development and equipment implementation.
Tatsuo Yasunaga (Chairman of Mitsui & Co., Ltd.), Chairman of the Japan Foreign Trade Association, said, “In the midst of a series of changes of government in various countries around the world, it is important that each country I would like to request that you quickly build a close relationship with the new leader.”
On the other hand, Tatsuya Yoshimoto, chairman of the Japan Department Stores Association (former president and current director of J.Front Retailing), said, “Without stopping the current flow of wage increases, we can improve personal consumption by taking measures to address rising prices while increasing incomes.” I want it to be revitalized.”
Overcoming deflation entrusted to the new Ishiba administration
Source: Japanese