Taro Saito Exports Quotations

Today's data unveiled the solid nature of domestic demand, which buoyed imports, as well as stable recovery in exports in line with the steady upturn in demand in China and the US.

We believe that the underlying trend of exports to Asia remains solid and exports will continue to be a key growth driver for the overall Japanese economy.

With exports to China, demand -- which had slowed late last year -- is now seeing a solid rebound, and with firm demand in the US continuing, Japanese exports are most likely to maintain brisk gains in the near term.

With exports now recovering and domestic demand rising steadily, production activity is likely to maintain its rising trend in the near-term.

As today's data confirmed a solid upturn in Chinese demand, which had slowed late last year and early this year, as well as firm demand in the United States, Japanese exports are most likely to maintain brisk gains in the near term.