DEFINITION of 'Keidanren'

A Japanese abbreviation for the Japan Federation of Economic Organizations. The Keidanren was created in 1946 to address the issues and concerns of Japanese businesses in the postwar world. The organization consisted of over 1,000 Japanese businesses, over 50 of which were foreign firms.

BREAKING DOWN 'Keidanren'

The Keidenran was incorporated into the Japanese Business Federation in May of 2002. This organization was joined by the Nikkeiren, the Japanese Federation of Employers' Associations. The Keidenran was historically considered the most conservative of the three major business associations in Japan.

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