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Osaka Expo organizer head speaks on revenue

Masakazu Tokura, chair of the Japan Association for the 2025 World Exposition, holds a press conference in Tokyo on Dec. 24, 2025. The association said the 2025 World Exposition in Osaka that closed in October generated a surplus of up to 37 billion yen ($237 million).

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Keidanren Annual General Meeting (2025)

Keidanren's Annual General Meeting in 2025. Photo shows, from right to left in the foreground, Prime Minister Shigeru Ishiba and Keidanren Chairman Masakazu Tokura.=May 29,2025,Tokyo

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Keidanren Annual General Meeting (2025)

Keidanren's Annual General Meeting in 2025. Photo shows, from right, new Keidanren President Yoshinobu Tsutsui and former Keidanren President Masakazu Tokura.=May 29,2025,Tokyo

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Press Conference by Masakazu Tokura, Chairman of Keidanren

Keidanren Chairman Masakazu Tokura held his last regular press conference during his term of office.=May 20,2025,Tokyo

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Press Conference by Masakazu Tokura, Chairman of Keidanren

Keidanren Chairman Masakazu Tokura held his last regular press conference during his term of office.=May 20,2025,Tokyo

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Press Conference by Masakazu Tokura, Chairman of Keidanren

Keidanren Chairman Masakazu Tokura held his last regular press conference during his term of office.=May 20,2025,Tokyo

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Japan Business Federation Chairman Tokura

Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, speaks at a press conference in Tokyo on May 7, 2025.

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World Exposition in Osaka

Masakazu Tokura (C), chairman of the Japan Association for the 2025 World Exposition, declares open the six-month event during a ceremony in Osaka, western Japan, on April 13, 2025.

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World Exposition in Osaka

Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, declares open the six-month event during a ceremony in Osaka, western Japan, on April 13, 2025.

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World Exposition in Osaka

Masakazu Tokura (C), chairman of the Japan Association for the 2025 World Exposition, declares open the six-month event during a ceremony in Osaka, western Japan, on April 13, 2025.

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World Exposition in Osaka

Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, speaks during its opening ceremony in Osaka, western Japan, on April 12, 2025.

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World Exposition in Osaka

Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, speaks during its opening ceremony in Osaka, western Japan, on April 12, 2025.

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World Exposition in Osaka

Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, speaks during the opening ceremony for the Japan Pavilion at the site of the expo on an artificial island in Osaka on March 29, 2025, ahead of the expo's start on April 13.

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Keidanren Chairman Masakazu Tokura and President-elect Yoshinobu Tsutsui press conference

Keidanren press conference with Chairman Masakazu Tokura and President-elect Yoshinobu Tsutsui. Photo shows, from left, President-elect Yoshinobu Tsutsui and Chairman Masakazu Tokura.=March 25,2025,Tokyo

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Keidanren Chairman Masakazu Tokura and President-elect Yoshinobu Tsutsui press conference

Keidanren press conference with Chairman Masakazu Tokura and President-elect Yoshinobu Tsutsui. Photo shows, from left, President-elect Yoshinobu Tsutsui and Chairman Masakazu Tokura.=March 25,2025,Tokyo

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Keidanren Chairman Masakazu Tokura and President-elect Yoshinobu Tsutsui press conference

Keidanren press conference with Chairman Masakazu Tokura and President-elect Yoshinobu Tsutsui. Photo shows, from left, President-elect Yoshinobu Tsutsui and Chairman Masakazu Tokura.=March 25,2025,Tokyo

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S. Korean foreign minister in Tokyo

(from L) Japan Association of Corporate Executives Chairman Takeshi Niinami, Japan Business Federation Chairman Masakazu Tokura, South Korean Foreign Minister Cho Tae Yul and Japan Chamber of Commerce and Industry Chairman Ken Kobayashi pose for a photo during a meeting at a Tokyo hotel on March 21, 2025.

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2025 World Exposition in Osaka

OSAKA, Japan, March 18 Kyodo - Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, attends a press conference after a board meeting in the western Japan city of Osaka on March 17, 2025. (Kyodo)

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2025 World Exposition in Osaka

Masakazu Tokura (L), chairman of the Japan Association for the 2025 World Exposition, speaks at a press conference after a board meeting in the western Japan city of Osaka on March 17, 2025.

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2025 World Exposition in Osaka

Masakazu Tokura (L), chairman of the Japan Association for the 2025 World Exposition, speaks at a press conference after a board meeting in the western Japan city of Osaka on March 17, 2025.

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2025 World Exposition in Osaka

Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, speaks at a press conference after a board meeting in the western Japan city of Osaka on March 17, 2025.

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2025 World Exposition in Osaka

Masakazu Tokura, chairman of the Japan Association for the 2025 World Exposition, attends a press conference after a board meeting in the western Japan city of Osaka on March 17, 2025.

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Japan Business Federation chief meets press in Tokyo

Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, speaks at a regular press conference in Tokyo on Feb. 25, 2025.

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Japanese business delegation in Beijing

Japanese business delegation led by Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, and senior officials of the Chinese Ministry of Industry and Information Technology hold a meeting in Beijing on Feb. 19, 2025.

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Japanese business delegation in Beijing

Masakazu Tokura (R), chairman of the Japan Business Federation, known as Keidanren, attends a meeting between the Japanese business delegation that he leads and senior officials of the Chinese Ministry of Industry and Information Technology in Beijing on Feb. 19, 2025.

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Japanese business delegation in Beijing

Masakazu Tokura (R), chairman of the Japan Business Federation, known as Keidanren, Kosei Shindo, (C) head of the Japan-China Economic Association, and Ken Kobayashi (L), chairman of the Japan Chamber of Commerce and Industry, attend a meeting with Chinese Commerce Minister Wang Wentao in Beijing on Feb. 18, 2025.

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Japanese business delegation in Beijing

Masakazu Tokura (C), chairman of the Japan Business Federation, known as Keidanren, Kosei Shindo, (L) head of the Japan-China Economic Association, and Ken Kobayashi (R), chairman of the Japan Chamber of Commerce and Industry, attend a meeting with Chinese Commerce Minister Wang Wentao in Beijing on Feb. 18, 2025.

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Japanese business delegation in Beijing

Masakazu Tokura (R), chairman of the Japan Business Federation, known as Keidanren, Kosei Shindo, (L) head of the Japan-China Economic Association, and other Japanese delegation members hold talks with Chinese Commerce Minister Wang Wentao in Beijing on Feb. 18, 2025.

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Japanese business delegation in Beijing

Masakazu Tokura (R), chairman of the Japan Business Federation, known as Keidanren, Kosei Shindo, (L) head of the Japan-China Economic Association, and other Japanese delegation members hold talks with Chinese Commerce Minister Wang Wentao in Beijing on Feb. 18, 2025.

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Japanese business delegation in Beijing

Masakazu Tokura (far R), chairman of the Japan Business Federation, known as Keidanren, and other Japanese delegation members hold talks with Chinese Commerce Minister Wang Wentao (2nd from L) in Beijing on Feb. 18, 2025.

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Japan business delegation in Beijing

Chinese Commerce Minister Wang Wentao speaks during a meeting with a Japanese delegation including Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, in Beijing on Feb. 18, 2025.

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Keidanren chairman in Beijing

Chinese Vice Premier He Lifeng (R) escorts Masakazu Tokura (C), chairman of the Japan Business Federation, known as Keidanren, to the venue of their meeting in Beijing on Feb. 17, 2025. (Pool photo)

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Keidanren chairman in Beijing

Chinese Vice Premier He Lifeng (R) meets with Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, in Beijing on Feb. 17, 2025. (Pool photo)

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Keidanren chairman in Beijing

Chinese Vice Premier He Lifeng (R) meets with Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, in Beijing on Feb. 17, 2025. (Pool photo)

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Japan's business delegation in Beijing

A group of Japanese business leaders, including Masakazu Tokura (R), chairman of the Japan Business Federation, known as Keidanren, and China's National Development and Reform Commission hold a meeting in Beijing on Feb. 17, 2025.

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Japan's economic federation chairman in Beijing

Masakazu Tokura (R), chairman of the Japan Business Federation, known as Keidanren, attends a meeting with executive members of China's National Development and Reform Commission in Beijing on Feb. 17, 2025.

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Japan business delegation in Beijing

(Front, from L) Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, Chinese Vice Premier He Lifeng and Kosei Shindo, chairman of the Japan-China Economic Association, pose for photos ahead of their meeting in Beijing on Feb. 17, 2025. (Pool photo)

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Keidanren chief meets press in Nagoya

Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, speaks at a press conference in Nagoya, central Japan, on Feb. 6, 2025.

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Keidanren chief addresses business forum

Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, speaks at a business forum in Nagoya, central Japan, on Feb. 6, 2025.

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Keidanren chief addresses labor-management forum

Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, delivers a speech at a labor-management forum in Tokyo on Jan. 31, 2025.

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Keidanren chairman Tokura

Masakazu Tokura, chairman of the Japan Business Federation, known as Keidanren, holds a press conference in Osaka on Jan. 30, 2025.

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Nippon Life Insurance chairman Tsutsui to head Keidanren

TOKYO, Japan, Jan. 14 Kyodo - Yoshinobu Tsutsui, chairman of Nippon Life Insurance Co., holds a news conference in Tokyo on Jan. 14, 2025, with the 70-year-old set to replace Masakazu Tokura as head of the Japan Business Federation, known as Keidanren on May 29. (Kyodo)

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Keidanren and Rengo Roundtable Meeting

Keidanren and RENGO Roundtable Meeting. Photo shows Mr. Masakazu Tokura, Chairman of Keidanren, addressing the meeting.=January 22,2025,Chiyoda-ku, Tokyo

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Annual spring wage talks in Japan

Combined photo shows Japan Business Federation Chairman Masakazu Tokura (L) and Japanese Trade Union Confederation President Tomoko Yoshino holding talks in Tokyo on Jan. 22, 2025, effectively starting the year's spring wage negotiations.

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Annual spring wage talks in Japan

Japan Business Federation Chairman Masakazu Tokura speaks to the press after a meeting in Tokyo with the Japanese Trade Union Confederation on Jan. 22, 2025, as the year's spring wage negotiations effectively commenced.

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Annual spring wage talks in Japan

Japan Business Federation Chairman Masakazu Tokura speaks during a meeting in Tokyo with the Japanese Trade Union Confederation on Jan. 22, 2025, effectively starting the year's spring wage negotiations.

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Annual spring wage talks in Japan

Japan Business Federation Chairman Masakazu Tokura speaks during a meeting in Tokyo with the Japanese Trade Union Confederation on Jan. 22, 2025, effectively starting the year's spring wage negotiations.

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[Breaking News]Nippon Life Insurance chairman Tsutsui to head Keidanren

TOKYO, Japan, Jan. 14 Kyodo - Yoshinobu Tsutsui, the incoming chairman of the Japan Business Federation, known as Keidanren, and the current chief Masakazu Tokura shake hands during a press conference in Tokyo on Jan. 14, 2025. Tokura, 74, will step down on May 29. (Kyodo)

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Nippon Life Insurance chairman Tsutsui to head Keidanren

Yoshinobu Tsutsui, chairman of Nippon Life Insurance Co., holds a news conference in Tokyo on Jan. 14, 2025, with the 70-year-old set to replace Masakazu Tokura as head of the Japan Business Federation, known as Keidanren on May 29.

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Nippon Life Insurance chairman Tsutsui to head Keidanren

Yoshinobu Tsutsui (L), the incoming chairman of the Japan Business Federation, known as Keidanren, and the current chief Masakazu Tokura shake hands during a press conference in Tokyo on Jan. 14, 2025. Tokura, 74, will step down on May 29.