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Japan’s Kishida Says Profits Should Flow to More Stakeholders

  • Premier says policies not negative toward shareholders
  • Will seek to resolve misunderstandings if there are concerns
Fumio Kishida attends a news conference on Feb. 17. 

Fumio Kishida attends a news conference on Feb. 17. 

Photographer: David Mareuil/Anadolu Agency
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Japanese Prime Minister Fumio Kishida said the benefits of growth shouldn’t belong to a limited group, as he faced questions in parliament over policies some say are negative for stock prices.

“Capitalism isn’t sustainable unless it is something that belongs to all stakeholders,” Kishida said Monday of his “New Capitalism” policies. “From that point of view it’s important to accept that the fruits of growth are flowing to shareholders and to think about that situation.”