International

Ishiba Tops Corporate Japan’s PM Wish List

Published

4 months ago

Sep 12, 2024.

Japan’s business community has spoken that Shigeru Ishiba is their top choice to lead the country as the next Prime Minister.

A report survey reveals that Ishiba, a seasoned politician and former defense minister, has edged out Sanae Takaichi, who is vying to become Japan’s first female premier.

The Liberal Democratic Party will elect its next leader on September 27, and the winner will face significant challenges, including leading the party to victory in the upcoming lower house election and navigating Japan’s relationships with the US and China.

Ishiba’s experience and reform-minded approach have resonated with the business community, with one manager praising his ability to push through reforms without being swayed by party factions.

EDITORS PICK:

Takaichi and Shinjiro Koizumi, the youngest candidate at 43, also have their strengths, but Ishiba’s broad appeal has earned him the top spot.

The survey highlights the pressing issues the next prime minister must address, including rising prices, fiscal reforms, and Japan’s massive debt load.

The business community is also wary of rushing into another rate hike, citing concerns about international competitiveness and earnings.

As Japan prepares for a leadership transition, the survey provides valuable insights into the priorities and concerns of corporate Japan.

With the country’s economic and political landscape evolving rapidly, the next prime minister will need to navigate these challenges with skill and vision to ensure Japan’s continued prosperity.

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