The BOJ used its authority to make the decision even though deflation remains a problem.
More Quotes from Heizo Takenaka:
It's a decision made by the markets and I don't think that decision is that far off economic fundamentals,Heizo Takenaka
We just go by the book and conduct thorough inspections, and it is our duty to maintain that regulatory framework. It is up to private-sector companies what decisions they make.
Heizo Takenaka
It was extremely regrettable. The legislation was an important milestone. The rejection is a major loss to the Japanese economy.
Heizo Takenaka
We see good signs in both corporate expenditure and spending, which are the key ... Especially in exports, whose recovery had been seen as difficult, the annualized growth rate stood at 11.6 percent.
Heizo Takenaka
We will deal with the matter in accordance with the radio law after hearing the details about Softbank's business plan.
Heizo Takenaka
Good trends are seen in private consumption and corporate investment, ... But the pace of recovery isn't overwhelmingly strong, so we must carefully watch the situation.
Heizo Takenaka
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