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POLITICS

Keidanren to continue calling for corporate donations to political parties

  • 2015-10-14 15:00:00
  • , Mainichi
  • Translation

(Mainichi: October 14, 2015 – p. 4)

 

 Keidanren (Japan Business Federation) announced on Oct. 13 its policy assessment of political parties, which will serve as the basis for corporate political donations.

 

 Keidanren found the Liberal Democratic Party and Komeito to be “highly commendable” for reaching a basic TPP agreement and for their foreign and security policies. It will call on some 1,300 member companies to make political donations at a meeting on Oct. 20.

 

 With regard to the opposition parties, the report merely enumerated the main policies of the Democratic Party of Japan, the Japan Innovation Party, and the Party for Future Generations. No assessment was made.

 

 While each company can make independent decisions based on Keidanren’s assessment, this effectively serves as a call for political donations.

 

 Keidanren Chairman Sadayuki Sakakibara stated at a news conference on Oct. 13: “Corporate donations are part of our social contribution. The political authorities and the business sector must work together to rehabilitate the economy.” He stressed the need to strengthen relations with the administration.

 

 Keidanren resumed involvement in political donations in September last year after an interval of five years. This will be the second time in two years that Keidanren is asking its members to make donations.

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