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Japan can lead bridging of virtual-physical divide, top lobbyist says

CEO of insurer Sompo urges businesses to look beyond traditional industry lines

Sompo Holdings President Sakurada believes Japanese companies can excel 'real-world platforms' that blend manufacturing with services.

TOKYO -- Japanese companies should meld their strength in manufacturing and services to transcend industry lines as the country enters the new Imperial era, the new chief of a major business lobby said.

Sompo Holdings President and CEO Kengo Sakurada recently started as chairman at the Japan Association of Corporate Executives, or Keizai Doyukai. He spoke with Nikkei about his vision for Japan in the Reiwa era that began Wednesday with the accession of Emperor Naruhito.

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