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Japan's leading business lobby gets new chairman

Japan's leading business lobby gets new chairman

NHK30-05-2025
Japan's leading business lobby has a new leader. Tsutsui Yoshinobu is a former chairman of Nippon Life Insurance. He is now head of the Japan Business Federation, or Keidanren, and the first person from the financial industry to hold that position.
Tsutsui said, "Keidanren will aim to fulfill its responsibility to future generations by embracing mid- and long-term perspectives as well as viewpoints of the whole of Japan."
He stressed that he thinks the nation's tax and social security systems should be reformed. He said he wants to clarify the structure of payments and burdens in order to lessen the financial strain on working people.
Tsutsui also touched on the issue of the government selling stockpiled rice directly to retailers, which are offering it for reduced prices.
He said the prices need to drop in the short term. But he added that Keidanren needs to convey that agricultural and food policies have structural issues.
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