Japan Business Federation

The Japan Business Federation (日本経済団体連合会, Nippon Keizai-dantai Rengōkai) is an economic organization founded in May 2002 by amalgamation of Keidanren (合会, Japan Federation of Economic Organizations, established 1946; name sometimes used alone as abbreviation for whole organization) and Nikkeiren (営者団体, Japan Federation of Employers' Associations, established 1948), with Nikkeiren being absorbed into Keidanren.[1][2]

Japan Business Federation
Japan Business Federation logo.svg
Keidanren Kaikan.jpg
Keidanren Kaikan, the head office of Japan Business Federation
FormationMay 2002
TypeEconomic organization
Legal statusOrganization
PurposePromote the development of the Japanese economy
HeadquartersTokyo
Coordinates35°41′19.2″N 139°45′48.6″E / 35.688667°N 139.763500°E / 35.688667; 139.763500Coordinates: 35°41′19.2″N 139°45′48.6″E / 35.688667°N 139.763500°E / 35.688667; 139.763500
Region served
 Japan
Official language
Japanese
Key people
Masakazu Tokura (Chairman)
Websitewww.keidanren.or.jp/en/
Formerly called
Keidanren, Japan Federation of Employers' Associations

The federation is commonly referred to as "Keidanren", its 1,601 members consist of 1,281 companies, 129 industrial associations, and 47 regional economic organizations (as of June 15, 2010).[3]

For most of the post-war period, Keidanren has been the voice of big business in Japan and is generally considered the most conservative of the country's three major private sector led business associations. The other two organizations are the Japan Chamber of Commerce and Industry (日本商工会議所) and the Japan Association of Corporate Executives (経済同友会).

According to the organization's official website, the mission of the Keidanren is to: accelerate growth of Japan's and world economy and to strengthen the corporations to create additional value to transform Japanese economy into one that is sustainable and driven by the private sector, by encouraging the idea of individuals and local communities.

The current chairman is Masakazu Tokura of Sumitomo Chemical. He has been chairman of The Japan Business Federation since June 2021.

Political donationsEdit

Keidanren and its predecessor bodies had a long history of providing substantial political donations to the Liberal Democratic Party. In the lead-up to the 2009 general election the Democratic Party of Japan made a pledge to ban political donations from companies and organizations. After the DPJ victory in that election, Keidanren stopped making political donations.[4][5]

View on consumption taxEdit

Keidanren supported the Noda government's efforts to raise Japan's consumption tax from 5% to 10%. It had previously called for the consumption tax to be raised even higher, to 15%.[6]

Views on nuclear powerEdit

After the March 11th nuclear disaster and subsequent shutdown of all the nuclear plants in Japan, Keidanren called for their restart.[7] This view was not shared by all business leaders, with Rakuten president Hiroshi Mikitani leaving the federation partly over this issue. Masayoshi Son of Softbank publicly objected to the focus on restarting the nuclear plants, but didn't leave the federation over it.[8]

Changes to board compositionEdit

In 2002, when Keidanren took on its current form, two-thirds of its 18 vice-chairmen were from manufacturing companies. As of July 2012, only 8 of the 18 are filled by executives of manufacturers.[9]

Yahoo! JapanEdit

Yahoo! Japan was a founding member of Rakuten CEO Hiroshi Mikitani's Japan e-business association in February 2010, but after Rakuten withdrew from Keidanren in June 2011 and made moves to become the Japan Association of New Economy as a rival to Keidanren, Yahoo! Japan withdrew from the e-business association in March 2012. It joined Keidanren in July 2012.[10]

Current boardEdit

 
Masakazu Tokura, Chairman of Keidanren

Below are the lists of Presidents, Chair, Vice-presidents and Vice-Chairs of Japan Business Federation (as of July 1, 2021).[11]

Title Name Affiliation
Chair Masakazu Tokura Chairman of the Board of Sumitomo Chemical
Vice-Chair Shuzo Sumi Senior Executive Advisor of Tokio Marine & Nichido Fire Insurance
Tetsuro Tomita Chairman and Director of East Japan Railway Company
Shinya Katanozaki President and CEO of ANA Holdings
Tsutomu Sugimori Representative Director, Chairman of the board, Group CEO of ENEOS Holdings
Kuniharu Nakamura Chairman of the Board of Directors of Sumitomo Corporation
Nobuyuki Hirano Senior Advisor of MUFG Bank
Koichiro Watanabe Director, Chairman of the Board of Dai-ichi Life
Hiromichi Shinohara Chairman of the Board of Nippon Telegraph and Telephone Corporation
Tetsuji Ohashi Chairman of the Board of Komatsu Limited
Yasuhiro Sato Chairman of Mizuho Financial Group
Masanobu Komoda President and CEO of Mitsui Fudosan
Jun Ohta President and Group CEO of Sumitomo Mitsui Financial Group
Tasuo Yasunaga Rpresentative Director, Chairman of the Board of Directors of Mitsui & Co.
Masaki Sakuyama Chairman of Mitsubishi Electric
Toshiaki Higashihara Director, Representative Executive Officer, Executive Chairman & CEO of Hitachi
Eiji Hashimoto Representative Director and President of Nippon Steel
Kazuhiro Tsuga Chairman of the Board of Panasonic Corporation
Tomoko Namba[12] Founder & Executive Chairman of DeNA
Masakazu Kubota President of Keidanren
Title Name Affiliation
Council Chair Fumiaki Watari Advisor of JX Holdings
Vice-chairman Yu Nomaguchi Honorary Adviser of Mitsubishi Electric
Yoshiya Hara Senior Advisor Head Office of Daiwa Securities Group
Naotake Okubo Board Counsel of Sekisui Chemical
Akihiko Ide Chairman of Mitsubishi Materials Corporation
Tsuneji Uchida President of Canon
Norio Yamaguchi Chairman of Ajinomoto
Kazuhisa Shinoda President of Oji Paper Company
Go Ojita Chairman of Asahi Group Holdings
Ashida Akimitsu Chairman of Mitsui O.S.K. Lines
Kunio Ishihara Chairman of Tokio Marine & Nichido Fire Insurance Co., Ltd.
Kaoru Yano Chairman of NEC
Atsushi Kamei President of Ito-Yokado
Fumio Ohtsubo President of Panasonic Corporation
Shinzo Maeda Chairman of Shiseido
Susumu Kato President of Sumitomo Corporation
Eiza Kobayashi Chairman of Itochu Corporation

Past officeholdersEdit

Japan Business Federation
Order Past president Affiliation Tenure
1 Hiroshi Okuda Toyota May 2002 - May 2006
2 Mitarai Fujio Canon May 2006 - May 2010
3 Hiromasa Yonekura Sumitomo Chemical May 2010 - May 2014
4 Sadayuki Sakakibara[13] Toray Industries June 2014 - May 2018
5 Hiroaki Nakanishi Hitachi May 2018 - June 2021
6 Masakazu Tokura[12] Sumitomo Chemical June 2021 - Present
Old Business Federation
Order Past Chairman Affiliation Tenure
1 Ichiro Ishikawa Nissan Chemical Industries March 1948 - February 1956
2 Taizo Ishizaka Tokyo Shibaura Electric February 1956 - May 1968
3 Uemura Kōgorō Keidanren Secretariat May 1968 - May 1974
4 Toshiwo Doko Tokyo Shibaura Electric May 1974 - May 1980
5 Inayama Yoshihiro Nippon Steel May 1980 - May 1986
6 Eishiro Saito Nippon Steel May 1986 - December 1990
7 Gaishi Hiraiwa Tokyo Electric Power December 1990 - May 1994
8 Shoichiro Toyoda Toyota May 1994 - May 1998
9 Takashi Imai Nippon Steel May 1998 - May 2002
Former Japan Federation of Employers' Associations
Order Past president
(permanent typical secretary)
Affiliation Tenure
1 Kanichi Moroi Taiheiyo Cement March 1948 - April 1968
2 Miki Takashi Yawata Iron & Steel Co.,Ltd. April 1949 - April 1952
3 Kato Masato Daiwabo Co., Ltd. April 1949 - August 1963
4 Takeshi Sakurada Nisshinbo Industries April 1960 - May 1979
5 Bunpei Otsuki Mitsubishi Mining & Cement Co., Ltd. May 1979 - May 1987
6 Eiji Suzuki Mitsubishi Chemical Corporation May 1987 - May 1991
7 Ken Nagano Mitsubishi Materials May 1991 - May 1995
8 Jiro Nemoto NYK May 1995 - May 1999
9 Hiroshi Okuda Toyota May 1999 - May 2002

See alsoEdit

ReferencesEdit

  1. ^ Japan Times Keidanren-Nikkeiren tieup scheduled for May 2002 start December 21 2000 Retrieved on July 22, 2012[dead link]
  2. ^ "Keidanren". WBCSD. Retrieved 2021-10-01.
  3. ^ Nippon Keidanren website About Nippon Keidanren Retrieved on January 16th 2011
  4. ^ Asahi Shimbun EDITORIAL: Political donations 2010/03/01 Retrieved on July 20, 2012
  5. ^ Nikkei Weekly Business lobbies in state of flux June 16, 2012 page 28
  6. ^ Keidanren urges gov't to raise consumption tax to 10% or higher+ Retrieved on July 20, 2012
  7. ^ Kyodo News Keidanren chief renews call for restart of nuclear plants Retrieved on July 20, 2012
  8. ^ Asahi Shimbun Softbank's Son denounces Keidanren's energy proposal[permanent dead link] Retrieved on July 20, 2012
  9. ^ Nikkei Weekly Business lobbies in state of flux June 16, 2012 page 28
  10. ^ The Daily Yomiuri Keidanren welcomes new member Yahoo August 1 2012 Retrieved on August 1, 2012
  11. ^ Nippon Keidanren website "About Keidanren Officers of KEIDANREN". Retrieved 2021-08-08.
  12. ^ a b "Japan's biggest business lobby gets new chief, first female vice chair". The Japan Times. The Japan Times. 2021-06-02. Archived from the original on 2021-06-18. Retrieved 2021-09-30.
  13. ^ "Chairman Sakakibara's Statements and Comments". keidanren.or.jp. Keidanren. May 21, 2018. Retrieved March 17, 2019.

External linksEdit