With their high technology level and experience, I believe Japanese firms can take the lead in developing innovative, higher value-added goods and services in such areas as robotics, medical treatment and elderly care, medical supplies, biotechnology, and energy. Many newly developed goods and services are likely to contribute to creating a more convenient, comfortable life for the elderly.
Such business opportunities can also be explored globally – especially in Europe, where the pace of aging is rapidly progressing, and in Asia’s highincome aging economies. The competitiveness of Japanese firms is likely to be strengthened further if a more business-friendly environment is created.