The administration is planning legislation that would encourage new entrants in the health fitness industry, a sector Prime Minister Shinzo Abe views as promising, through tax and financial support, sources said.
The plan will be one of the pillars of the Abe team’s growth strategy, scheduled to be finalized in mid-June, as demand is growing for health services such as exercise guidance, the sources said Tuesday.
The administration is likely to submit the bill to the Diet during next year’s ordinary session.
Ambiguous regulations have thwarted companies attempting to enter the sector, critics say. To improve the situation, the government is eager to introduce a new system under which it would certify new businesses in the field, the sources said.