Wall Street urges next Japanese PM to continue Kishida's reforms

Execs praise Kishida's policies in U.S. farewell visit, offer specifics for successor

20240923N Kishida in NY

Prime Minister Fumio Kishida, center, urged investors to "boldly invest in Japan like no one has done before." (Photo by Hirofumi Takeuchi)

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- Top U.S. financial executives praised Japanese Prime Minister Fumio Kishida's financial reforms on Monday and urged his successor, whomever that will be, to continue the openness that helped shed Tokyo's long-held image of being unwelcoming to foreign investors.

"Japan is a must-own country today for investors," Joseph Bae, co-CEO of private equity firm KKR, said at a Bloomberg panel discussion on the country's financial future. "The key is the continuity of these reforms, the continuity of these policies."

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