Japan

GENERATING GROWTH AND HAPPINESS

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The world's fourth-largest economy, over the past eight decades Japan has established a reputation as a global leader in high-tech manufacturing and innovation, based on timeless traditions of craftsmanship and quality. Under the leadership of Prime Minister Shigeru Ishiba, who was appointed in October 2024, it has a government dedicated to boosting growth, encouraging investment and business expansion, and taking the lead in the digital and green transformations. The Ishiba administration builds on the work of that led by his predecessor Fumio Kishida, which aimed to create a "virtuous cycle of growth and distribution" and transition to a growth-oriented economy.

"My administration will continue and steadily develop this policy of Japan an asset-building nation," Ishiba told the Asset Management Forum Japan in Tokyo last year. "In addition, one of the major pillars of our economic policy will be creating an investment nation that attracts investments from both within and outside the country including flows of money toward Japan's regional economies."

Ishiba's government is committed to strengthening the competitiveness of export companies, enhancing value creation through SMEs in particular, and encouraging bold new investments by the public and private sectors working in unison.