As for the outlook, I expect that private consumption will gradually become robust as such negative external factors gradually dissipate, and as the employment and income situation continues to improve, mainly on the back of the government's large-scale stimulus measures. Business fixed investment has continued to increase, albeit moderately, as corporate profits have been at high levels.
It is likely to maintain its increasing trend, supported by accommodative financial conditions and heightening of Olympic Games-related demand. 3  Public investment is projected to expand, due mainly to the government's large-scale stimulus measures, and thereafter remain at a relatively high level as Olympic Games-related demand heightens.