Kishida administration seeks to unlock corporate and household savings

key takeaways

• The Kishida government, preparing its basic policies ahead of the FY 2025 budgetary process, wants to push corporate Japan to expand capital investment at home.
• At the same time, the government is expanding its efforts to encourage households and pension funds to take on more risk.
• These are legacy issues for Prime Minister Kishida Fumio but his government will have to overcome significant obstacles to realize both goals.