Can Suga replicate success of maverick reformer Koizumi?

Market awaits central vision to pull new premier's ambitions together

20200921N koizumi suga

Koizumi, left, was skilled at selling his reform vision to the market. Suga, right, also needs a marquee project like Koizumi's postal privatization, a veteran fund manager says. 

RYUSHIRO KODAIRA, Nikkei senior staff writer

TOKYO -- Japanese Prime Minister Yoshihide Suga has kicked off his tenure with policy goals that should excite investors: eliminate unnecessary bureaucratic walls, smash special interests and execute painful regulatory reforms.

He installed Taro Kono as the point man in charge of administrative reform. Suga plans to have the charismatic minister demolish regulations and bureaucratic divisions and groom him as a possible successor.  

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