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NEC acquires fintech company to help employees build assets

Japan Inc. starting to respond to PM Kishida's plan to double asset income

NEC has been developing a financial advisory service that uses artificial intelligence. (Photo by Ami Yamada)

TOKYO -- Japanese electronics company NEC is branching into the financial advisory business via a newly acquired fintech company and will develop the service by supporting its own employees' efforts to boost their assets and wealth, Nikkei has learned.

The move comes as Japan's government encourages companies to strengthen support for asset formation to support the economy.

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