Heizo Takenaka Quotes (20 Quotes)


    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.

    There seems to be a misunderstanding in some media reports, but the Financial Services Agency (FSA) conducts similar inspections to all banks and it is inconceivable that it takes a particularly harsh attitude to a specific bank,

    In addition we have to make progress on the restructuring of lending by state-run institutions, personnel costs and the government's balance sheet. We need to have a basic plan on these three issues within about a month.

    It's a decision made by the markets and I don't think that decision is that far off economic fundamentals,

    Companies' cash is not just going to repaying debts, but is going to investment,


    We will make our utmost efforts, respecting your strong will,

    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.

    We will deal with the matter in accordance with the radio law after hearing the details about Softbank's business plan.

    And it is going into wages, which should boost spending.

    Basically, this is something the management of a private-sector financial institution has made and is carrying out, and the government is in no position to say whether this is good or bad,

    The bank needs to more specifically define its criteria for ending its quantitative easing policy.

    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.


    The BOJ used its authority to make the decision even though deflation remains a problem.

    That doesn't mean the Bank of Japan can freely set economic targets for the government.

    We only have two years until the start of the privatization process so we have to deal firmly with each issue.

    Instead of fighting frantically over this pie, there is an opportunity to grow it to 40,000 billion yen or 100,000 billion yen.

    It was extremely regrettable. The legislation was an important milestone. The rejection is a major loss to the Japanese economy.

    The government's scenario calls for about 2 percent growth in the year,

    Whether we reach 1.7 percent this year does not really have much meaning.


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