The Japan Business Federation (Keidanren) has announced plans to formulate a medium-term vision extending through 2050 as early as next autumn. It is considering recommending to the government measures including policies to address the declining birthrate and human resources development centered on the use of AI, with a future increase in the consumption tax rate among the issues under consideration.
The Japan Business Federation (Keidanren) has announced plans to formulate a medium-term vision through 2050, provisionally titled “Japan’s Future,” as early as next autumn. Based on the country’s continuing population decline, it plans to recommend a broad range of policies to the government, including measures to address the declining birthrate and human resources development based on the use of AI.
The plan will be announced by Chairman Tsutsui Yoshinobu (筒井義信) at the 80th anniversary event to be held on the 19th of next month, marking his first initiative of this kind since taking office. The policy was decided at a meeting of the chairman and vice chairmen held on the 7th of this month.
The vision will also address the role companies should play in building sustainable regional economies and societies and in the issue of accepting foreign workers. It will consider strengthening the ability-to-pay principle, which calls for taxes and social insurance premiums to be paid according to changes in the financial burden. The federation’s position on the consumption tax, in light of the tax rate cut scheduled for next April, will be closely watched.
Former Chairman Tokura Masakazu (十倉雅和) formulated the medium-term vision “Future Design 2040” in December 2024, looking ahead to 2040.