The chairman of the Japan Association of Corporate Executives (Keizai Doyukai) on Tuesday received the annual Zaikai Prize, awarded by the publisher of business magazine Zaikai.

Yotaro Kobayashi, also chairman of Fuji Xerox Co., was chosen for his active promotion of dialogue between key political and business leaders in the United States and Europe, according to the publisher.

Masao Ogura, former chairman of Yamato Transport Co. and currently president of the Yamato Welfare Foundation, received the Special Prize for his post-retirement activities to create job opportunities for mentally handicapped people.