Corporate profits as a whole have reached record highs, and fixed investment plans have also been robust. According to the September Tankan (Short-Term Economic Survey of Enterprises in Japan), the year-on-year rate of growth of planned fixed investment for all enterprises and industries was 6.4 percent, up from the June Tankan.
6    A key policy development initiative that we worked on in 2019 and will continue to undertake in 2020 is the confirmation of the conduct regulator role of the Reserve Bank, in addition to its prudential regulator role.