Stock prices have become weak due mainly to a concern over the rapid increase in stock prices, even though market participants’ view on the outlook for Japan’s economy has been improving gradually. The Nikkei 225 Stock Average is recently moving at the 9,000-9,500 yen level.
On this issue, I believe we share the same understanding that it will depend on the state of the economy and the financial system of a country. Nonetheless, given the still uncertain and fragile global economic recovery, especially those of the advanced economies, I have a conviction that we should err on the side of further supporting demand and financial repairs.