TOKYO -- The Japan Business Federation, or Keidanren, aims for the country to become home to 100 unlisted startups worth $1 billion or more by 2027 under new recommendations to the government announced Friday.
Japan now has around 10 of these so-called unicorns. Successful startups are helping to build a positive cycle of economic growth overseas, said Tomoko Namba, a Keidanren vice chair.