Against this favorable background to overseas economies, Japan's exports are likely to return to a moderate recovery path in the second half of this fiscal year. The Nikkei 225 Stock Average has regained the 10,000 yen level since the middle of August, reflecting improved corporate profits and better economic prospects.
Second, some departments appeared to be unwilling to give these exercises the due attention they deserve regarding them as needless bother by deliberately not responding to reminders. This has resulted into late submission of PARs and, therefore, a delay in the production of quarterly and annual reports.