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Toyoda's views

, August 28, 2013

Toyota Motor Corp President Akio Toyoda, who is also the head of Japan Automobile Association Inc., (C) is surrounded by media after a government-hosted hearing at Prime Minister Shinzo Abe's official residence in Tokyo, on August 28. Japan's government kicks off a week-long series of hearings with economists, business leaders and consumer advocates on Monday that may sway premier Shinzo Abe's decision on how to proceed with a planned hike in the country's sales tax. During six days of hearings to Saturday, the government will gather opinions from 60 people on Japan's most significant fiscal reform in years - a change that is unpopular but equally seen as necessary to reduce Japan's public debt, which recently reached 1,000 trillion yen ($10 trillion). Reuters/Issei Kato




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