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Japanese Prime Minister Fumio Kishida hopes his "new capitalism" initiatives will spur a "second founding period," following Japan's post-World War II period of business startups.   © Source photos by Getty Images
Asia Insight

Japan startups see Kishida's 'new capitalism' as road without map

Plan to increase the sector 10-fold spurs both hope and skepticism

WATARU SUZUKI, Nikkei staff writer | Japan

TOKYO -- Japanese entrepreneurs striving to grow startups have joined economists, market participants and business leaders in wondering what Prime Minister Fumio Kishida's talk of "new capitalism" means for government policy.

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