The Japanese voters showed strong support and expectations for us to continue with reform. First of all, we want to have the bills passed in this session.

The economy has emerged from a soft patch and is moving in a good direction, but oil prices are a risk factor,

The economy has got out of its soft patch,

The economy is coming out of its near-stagnant stage,

And it is going into wages, which should boost spending.

Good trends are seen in private consumption and corporate investment, ... But the pace of recovery isn't overwhelmingly strong, so we must carefully watch the situation.

In addition we have to make progress on the restructuring of lending by state-run institutions, personnel costs and the government's balance sheet. We need to have a basic plan on these three issues within about a month.

Instead of fighting frantically over this pie, there is an opportunity to grow it to 40,000 billion yen or 100,000 billion yen.

The census shows the population is in a declining phase.

The bank needs to more specifically define its criteria for ending its quantitative easing policy.