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Business trends

Japan weighs new corporate structure to amplify public interest

'New capitalism' pillar would lessen sway of shareholders out for quick profits

Under the new corporate structure that the Japanese government is cobbling together, companies would be free to pursue costly environmental cleanup projects in addition to shareholder payouts.   © Reuters

TOKYO -- The Japanese government is moving toward establishing a new corporate structure meant to solve environmental problems, poverty and other social issues, Nikkei has learned.

It would be a pillar of Prime Minister Fumio Kishida's "new capitalism," a flagship economic policy to be outlined by June.

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