Japan Business Federation
 | |
 Keidanren Kaikan, the head office of Japan Business Federation | |
| Formation | May 2002 |
|---|---|
| Type | Economic organization |
| Legal status | Organization |
| Purpose | Promote the development of the Japanese economy |
| Headquarters | Tokyo |
| Coordinates | 35°41′19.2″N 139°45′48.6″E / 35.688667°N 139.763500°ECoordinates: 35°41′19.2″N 139°45′48.6″E / 35.688667°N 139.763500°E |
Region served |  Japan |
Official language | Japanese |
Key people | Hiroaki Nakanishi (chairman) |
| Website | www |
Formerly called | Keidanren, Japan Federation of Employers' Associations |
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 (Japan Federation of Economic Organizations, established 1946) and Nikkeiren (Japan Federation of Employers' Associations, established 1948), with Nikkeiren being absorbed into Keidanren.[1]
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).[2]
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 Hiroaki Nakanishi of Hitachi. He has been chairman of The Japan Business Federation since May 2018.
Political donations[]
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.[3][4]
View on consumption tax[]
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%.[5]
Views on nuclear power[]
After the March 11th nuclear disaster and subsequent shutdown of all the nuclear plants in Japan, Keidanren called for their restart.[6] 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.[7]
Changes to board composition[]
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.[8]
Yahoo! Japan[]
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.[9]
Current board[]
Below are the lists of Presidents, Chair, Vice-presidents and Vice-Chairs of Japan Business Federation (as of July 1, 2021).[10]
| Title | Name | Affiliation |
|---|---|---|
| Chair | Chairman of the Board of Sumitomo Chemical | |
| Vice-Chair | Senior Executive Advisor of Tokio Marine & Nichido Fire Insurance | |
| Chairman and Director of East Japan Railway Company | ||
| President and CEO of ANA Holdings | ||
| Representative Director, Chairman of the board, Group CEO of ENEOS Holdings | ||
| Chairman of the Board of Directors of Sumitomo Corporation | ||
| Senior Advisor of MUFG Bank | ||
| Director, Chairman of the Board of Dai-ichi Life | ||
| Chairman of the Board of Nippon Telegraph and Telephone Corporation | ||
| Chairman of the Board of Komatsu Limited | ||
| Chairman of Mizuho Financial Group | ||
| President and CEO of Mitsui Fudosan | ||
| President and Group CEO of Sumitomo Mitsui Financial Group | ||
| Rpresentative Director, Chairman of the Board of Directors of Mitsui & Co. | ||
| Chairman of Mitsubishi Electric | ||
| Director, Representative Executive Officer, Executive Chairman & CEO of Hitachi | ||
| Representative Director and President of Nippon Steel | ||
| Kazuhiro Tsuga | Chairman of the Board of Panasonic Corporation | |
| Tomoko Namba | Founder & Executive Chairman of DeNA | |
| President of Keidanren |
| Title | Name | Affiliation |
|---|---|---|
| Council Chair | Advisor of JX Holdings | |
| Vice-chairman | Honorary Adviser of Mitsubishi Electric | |
| Senior Advisor Head Office of Daiwa Securities Group | ||
| Naotake Okubo | Board Counsel of Sekisui Chemical | |
| Chairman of Mitsubishi Materials Corporation | ||
| President of Canon | ||
| Chairman of Ajinomoto | ||
| President of Oji Paper Company | ||
| Chairman of Asahi Group Holdings | ||
| Ashida Akimitsu | Chairman of Mitsui O.S.K. Lines | |
| Chairman of Tokio Marine & Nichido Fire Insurance Co., Ltd. | ||
| Chairman of NEC | ||
| President of Ito-Yokado | ||
| President of Panasonic Corporation | ||
| Shinzo Maeda | Chairman of Shiseido | |
| President of Sumitomo Corporation | ||
| Chairman of Itochu Corporation |
Past officeholders[]
| 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[11] | Toray Industries | June 2014 - May 2018 |
| 5 | Hiroaki Nakanishi | Hitachi | May 2018 – Present |
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See also[]
- Chamber of commerce
- List of employer associations
- Union of Industrial and Employers' Confederations of Europe (UNICE), a similar European business association
References[]
- ^ Japan Times Keidanren-Nikkeiren tieup scheduled for May 2002 start December 21 2000 Retrieved on July 22, 2012
- ^ Nippon Keidanren website About Nippon Keidanren Retrieved on January 16th 2011
- ^ Asahi Shimbun EDITORIAL: Political donations 2010/03/01 Retrieved on July 20, 2012
- ^ Nikkei Weekly Business lobbies in state of flux June 16, 2012 page 28
- ^ Keidanren urges gov't to raise consumption tax to 10% or higher+ Retrieved on July 20, 2012
- ^ Kyodo News Keidanren chief renews call for restart of nuclear plants Retrieved on July 20, 2012
- ^ Asahi Shimbun Softbank's Son denounces Keidanren's energy proposal[permanent dead link] Retrieved on July 20, 2012
- ^ Nikkei Weekly Business lobbies in state of flux June 16, 2012 page 28
- ^ The Daily Yomiuri Keidanren welcomes new member Yahoo August 1 2012 Retrieved on August 1, 2012
- ^ Nippon Keidanren website "About Keidanren Officers of KEIDANREN". Retrieved 2021-08-08.
- ^ "Chairman Sakakibara's Statements and Comments". keidanren.or.jp. Keidanren. May 21, 2018. Retrieved March 17, 2019.
External links[]
- Daimon, Sayuri, "The all-powerful voice of corporate Japan", Japan Times, June 16, 2009, p. 3.
- http://www.keidanren.or.jp/
- http://www.keidanren-usa.org/
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- Business organizations based in Japan
- Professional associations based in Japan
- Employers' organizations in Japan