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Keidanren Chairman Sadayuki Sakakibara speaks at a ceremony for the ruling Liberal Democratic Party's 60th anniversary in Tokyo.   © Reuters
Economy

Abe's victory welcomed by business lobbies

Outcome shows voters want faster pace of Abenomics, Keidanren chief says

MASAYUKI YUDA, Nikkei staff writer | Japan

TOKYO -- Leading Japanese business organizations expressed hope that the ruling coalition's victory at the polls Sunday will translate into new momentum to tackle economic growth and other challenges.

Prime Minister Shinzo Abe's Liberal Democratic Party and coalition partner Komeito appeared to have secured a two-thirds majority in the lower house, giving his government a solid base from which to further push a pro-business agenda.

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