New National Stadium (Tokyo) stadium in Beijing. The Japanese government reached an agreement in June 2015 with Taisei Corporation and Takenaka Corporation to complete the stadium for a total cost of around 250 billion yen. The final agreed plan maintained the steel arch design while reducing the permanent capacity of the stadium to 65,000 in track mode with an additional 15,000 simple temporary seats available, allowing for an 80,000 capacity for football and the 2019 Rugby World Cup. On July 17, 2015, Japanese Prime Minister Shinzo Abe announced that plans to build the new National Stadium would be scrapped and rebid on amid public
Kozo Yamamoto appointed his ministerships in 2016. Yamamoto is a known advocate of reflation policies, and is one of the first to argue for using monetary easing tools to overcome deflation in Japan. As a longtime critic of the Bank of Japan's monetary tightening policies in the Diet, he chaired multiple study groups on monetary policy when the LDP was out of power, and appealed to Shinzo Abe the need for quantitative easing. Yamamoto proposed the consumption tax increase of April 2014 to Abe Shinzo, and advised swift action. He also advocated for basic allowances and various public-works projects for low-income earners