Chief Cabinet Secretary Kanezo Muraoka called on representatives of business organizations Thursday to make firm resolutions to cut all ties with “sokaiya” corporate extortionists.
“Now it is time for businesses to break disgraceful relations with sokaiya and make a new start for the 21st century,” Muraoka told leaders of 12 major business organizations during their meeting at the Prime Minister’s Official Residence. “If your relations with sokaiya continue, it will lead to further public distrust in business, which will also affect the international reputation of Japanese corporations,” Muraoka said.
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