Business leaders expressed hopes Friday that the June 25 election will produce a stable administration that is ready to wrestle with medium- and long-term structural reforms and achieve sustainable economic recovery.

They also called on politicians not to postpone fiscal, social welfare and other reforms once the election is over. The House of Representatives was dissolved Friday for a general election on June 25.

"Making the economy ride on a self-sustaining recovery path must be given priority," Takashi Imai, chairman of the nation's biggest business lobby, the Federation of Economic Organizations (Keidanren), said in a statement.