Keidanren announced Tuesday it will appoint Toray Industries Inc. Chairman Sadayuki Sakakibara as the next chief of the nation's most influential business lobby to accelerate the country's economic revival led by the private sector as a leader from a manufacturing company.
Sakakibara, who will take over from Hiromasa Yonekura in June, said earlier in the day he will do his utmost to help ensure the revitalization of the economy, telling Kyodo News, "The business community and the government should cooperate as two wheels (of the same axle)" under the "Abenomics" policy mix of Prime Minister Shinzo Abe.
"The voices of businesses need to be delivered properly," Sakakibara said, indicating Keidanren under his leadership will actively lobby on various issues, including corporate tax cuts.