Japan confronts rising inequality after Abenomics

People wearing protective masks, amid the coronavirus disease (COVID-19) outbreak, are seen at an area with plenty of cheap accommodation for day labourers in Tokyo, Japan, October 11, 2021. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) - Japan's stock market has surged and luxury cars are selling fast in Tokyo after eight years of economic stimulus under Abenomics, but that new wealth is concentrated in a small slice of society rather than broadly distributed, data show.

Addressing that divide has become a high priority for new prime minister Fumio Kishida, who promised to tackle income disparity made worse by the pandemic. But he has offered few clues as to how he will do so.