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Stock impact report

Japan, led by less apologetic generation, stays tough in South Korea feud [Reuters]

ITOCHU CORP UNSP/ADR (ITOCY) 
NASDAQ:AMEX Investor Relations: itochu.co.jp/en/ir/index.html
Company Research Source: Reuters
Japan, led by less apologetic generation, stays tough in South Korea feud - Reuters 7 Min Read TOKYO (Reuters) - When Yohei Kono made a landmark 1993 apology to “comfort women”, many of them Koreans, forced to work in wartime military brothels, Japan’s then chief cabinet secretary spoke for a moderate conservative mainstream seeking to reconcile with Asian neighbors. A quarter century later, Kono’s son, Taro, now foreign minister, is on the front lines of Prime Minister Shinzo Abe’s escalating feud over compensation for South Koreans forced to work in wartime Japanese mines and factories, an unresolved legacy of the two countries’ bitter past. The contrast between father and son reflects a change in Japan’s ruling party symbolized by Abe’s own rise to power. “There has been a generational shift,” said Andrew Horvat, a visiting professor at Josai International University. “Those who saw Korean conscript laborers in their emaciated condition forced to work in Japanese mines and companie Show less Read more
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