“We are clearly heading in the wrong direction. We can no longer ignore this,” said Rakuten CEO Mikitani, expressing a strong sense of crisis about Prime Minister Takaichi’s economic policies.

https://bunshun.jp/denshiban/articles/b13188

"We are clearly heading in the wrong direction. We can no longer ignore this," said Rakuten CEO Mikitani, expressing a strong sense of crisis about Prime Minister Takaichi's economic policies. With the snap general election looming, this "urgent warning" is sure to send shock waves. How will the Prime Minister respond?

"The yen crisis has begun. (1) Concerns about worsening finances due to fiscal handouts, (2) Concerns about capital flight due to punitive taxation of the wealthy and the departure of the wealthy and talented from Japan. The value of the Japanese yen has already been halved in dollar terms. Inflation will accelerate. I said this because I don't think there are many people who will say anything to the Prime Minister."

　On January 13th, I sent the following message to Prime Minister Sanae Takaichi. Unfortunately, as of the 18th, I have yet to receive a reply. I have had some contact with Takaichi, as both of her parents graduated from Kobe University, but with the general election currently underway, she probably has no time for that.

　However, I believe the economy is clearly heading in the wrong direction. In this age of "speaking out is a bad sign," even the business community is hesitant to voice its opposition to a prime minister who enjoys high approval ratings. But we can no longer ignore this. I feel a stronger sense of crisis now than ever before.