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Tokyo Gov. Yuriko Koike, head of the new Party of Hope, announces the group's platform on Oct. 6.
Politics

Koike's 'Yurinomics' includes vow to tax Japan Inc. cash hoards

Party of Hope platform counters Abe's monetary and fiscal stimulus

KENTARO IWAMOTO, Nikkei staff writer | Japan

TOKYO -- Tokyo Gov. Yuriko Koike on Friday said her new national party would tax retained earnings at major companies if it wins Japan's general election on Oct. 22.

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