Rakuten CEO Mikitani is voicing what many other Japanese businesspeople think, that Prime Minister Shinzo Abe's Abenomics could be doomed by his government's inability to deal with vested interest groups.
Unfortunately, this could be the last time in November that we view the Japan Times website, because we were greeted with a notice that the newspaper now has a pay wall with two rather unhappy requirements.
One of the nice things with hydrogen is that it needs massive investment and infrastructure to make it successful, just like the oil economy, so it's better suited to the revenue hopes of Japan's major players.
Ehime has a spectacular series of bridges connecting Honshu to Shikoku. A cycling lane allows you to experience the thrill of a major suspension bridge over deep blue waters without having to rush over it in an automobile.
We think that METI and others should be looking to Singapore and its government-owned Spring corporation. Singapore appears to have figured out how to bring entrepreneurs to their country and how to provide access to capital.
The Ministry of Economy, Trade, and Industry (METI) announced that their officials will be visiting companies and asking them (read, arm-twisting) to increase wages, a part of PM Shinzo Abe's stimulus package.