Harvard Business School Club of Japan Sustainability Seminar Series

Can "New Capitalism" Save Japan's Economy?

This webinar will be held in Japanese without English translation.

Registration Link


Date and Time: Wednesday, July 19, 2023, 8:00 p.m. - 9:00 p.m.

The Japanese Government recently approved the "Economic and Fiscal Management and Basic Policies 2023". The discussion in the "New Capitalism Conference", which is the core of this bold policy, is based on the grand design announced last year.

The webinar will feature experts from the new Capitalism Council, who will share their opinions based on their direct involvement in the policy proposals and proposals.  They will share their views on policy advocacy. This is a rare opportunity to hear directly from the brains behind the key economic strategies that will determine Japan's future. This will be a rare opportunity to hear directly from the brains behind the key economic strategies that will determine Japan's future.


  • Kazuhiko Tomiyama, Chairman, IGPI Group, Management Co-foundation
  • Yuri Oo, Chairman of the Board, The Japan Research Institute, Limited
  • Ken Shibusawa, Founding Chairman, Commons Investment Trust Co.

Moderator: Yumiko Murakami, General Partner, MPower Partners


Speaker Profile

Kazuhiko Tomiyama


Chairman, IGPI Group, Management Co-Creation Platform

President, Japan Co-Creation Platform (JPiX)

After working for Boston Consulting Group and Corporate Direction, Mr. Tomiyama participated in the establishment of Industrial Revitalization Corporation of Japan (IRCJ) in 2003, where he was appointed COO. In October 2020, he will become Chairman of the IGPI Group, and in 2020, he will establish Japan Co-Creation Platform (JPiX) and become its President. He is an outside director of Panasonic Corporation. Chairman of the Policy Council of the Keizai Doyukai (Japan Association of Corporate Executives) and Chairman of the Board of Directors of Japan. He is a special member of the Tax Commission of the Cabinet Office, a member of the Stewardship Code and Corporate Governance Code Follow-up Council of the Financial Services Agency, Chairman of the National Council for Infrastructure Maintenance of the Ministry of Land, Infrastructure, Transport and Tourism, an expert member of the Cabinet Secretariat's Council for Realizing New Capitalism, and many other government-related committees. He holds a Bachelor of Laws from the University of Tokyo, a Master of Business Administration (MBA) from Stanford University, and has passed the bar exam.


 Yuri Okina

Chairman, The Japan Research Institute, Limited

Degree in Economics from Kyoto University, received a Master's degree from the Graduate School of Business Administration at Keio University in 1984, and joined the Bank of Japan. She moved to the Japan Research Institute, where she served as chief researcher before assuming her current position in 2018. During this time, she has served as a specially invited professor at Keio University, a member of the Industrial Revitalization Corporation of Japan, a member of the Council for Regulatory Reform, a member of the Future Investment Council, a member of the "Health, Medical Care, and Long-Term Care" meeting of the Structural Reform Promotion Council, a member of the Cabinet Secretariat's "All Generations Social Security Study Council," and the chairman of the "Choosing the Future 2.0" Roundtable, Cabinet Office. She has also served as the chairperson of the "Choice Future 2.0" Roundtable of the Cabinet Office.



Ken Shibusawa

Chairman, Commons Investment Trust Co.

Ken Shibusawa graduated from the University of Texas with a B.S. in Chemical Engineering in 1983 and received his MBA from UCLA Graduate School of Business in 1987. After working for several U.S. investment banks in the markets for foreign bonds, government bonds, foreign exchange, stocks, and derivatives, he joined a major U.S. hedge fund in 1996, became independent in 2001, founded Shibusawa & Co. In 2021, he became a senior advisor to the Brunswick Group. He has served as Secretary of Keizai Doyukai and Vice-Chairman of the PT for African Development Assistance Strategy, Vice-Chairman of the Social Security Committee, member of government committees including the Kishida Administration's "Council for the Realization of New Capitalism," member of the UNDP (United Nations Development Programme) SDG Impact Steering Group, advisor to the University of Tokyo President's Office, and visiting professor at Seikei University. He is also a visiting professor at Seikei University. He is the author of numerous publications.



Yumiko Murakami

General Partner, MPower Partners

Former director of the Tokyo Center of the Organization for Economic Cooperation and Development (OECD). Prior to the OECD, she was Managing Director at Goldman Sachs Japan, New York and London, for about 20 years. She was also involved in UN peacekeeping forces in Cambodia and economic development assistance in the Eastern Caribbean. She holds degrees from Sophia University, Stanford Graduate School of Business, and Harvard Business School.