Title:
INCLUSIVE SOCIETY AND BUSINESS SUSTAINABILITY IN THE AGEING ERA: WELFARE SOCIETY BASED ON SANPO-YOSHI PHILOSOPHY FOR ECONOMIC DEVELOPMENT

Authors:
Hiroko Oe* and Yasuyuki Yamaoka ,Japan

Abstract:
Facing the common issue among developed countries that demographic imbalance has created distortions in pension and social welfare systems and widened intergenerational disparities, this study proposed a model to eliminate intergenerational disparities and build a society in which all people can play an active role, including the reemployment of generations with specialized skills and knowledge after retirement. There, based on the spirit of "Sampo yoshi," which is deeply rooted in Japanese corporate culture and should serve as the basis for building a sustainable society and economic development. Moreover, we introduced the Japan-led Society 5.0 framework, while pinpointing a new perspective and agenda for discussion. The study outcome highlighted the backbone of the corporate culture, it is necessary to share the spirit of mutual support and elicit the active contribution and contribution of relevant stakeholders. It is hoped that the output of this study will serve as a useful guideline for its implications in markets outside of Japan.