While there are various risks associated with such outlook, we need to keep an eye on developments in overseas economies, mainly the U.S. economy. An important risk factor unique to Japan would be developments in car sales in the future, and I think that there is considerable uncertainty associated with the sales.
With respect to the household sector, growth in compensation of employees has been accelerating, mainly in bonus payments and overtime payments. Although the negative impact of the rise in the consumption tax rate is yet uncertain, consumer confidence will strengthen if growth continues to spread from the corporate sector to the household sector.