The Japan Business Federation (Nippon Keidanren) on Jan. 1 released a grand vision aimed at reviving Japan into a vigor- ous and attractive nation.
Nippon Keidanren's predecessor, the Japan Federation of Economic Organizations (Keidanren), released a similar policy report in 1996 under the leadership of then chairman Shoichiro Toyoda, but many of the proposals spelled out in the earlier report have yet to materialize.
The new vision encompasses prospects for Japan's revival in the 21st century, and steps, including an increase in the consumption tax, that would help realize this goal.