Kaoru Yosano Quotations

Many citizens are telling us to press ahead again with reforms.

Given both the real economy and people's sentiment, I would say the Japanese economy is now about to exit a dark tunnel and move in a bright direction.

If an exchange fails to secure normal trading, this calls into question its purpose.

If (the improper practice) is true, we will take proper steps.

Within the LDP, there are now very few who speak out as loudly (for farmers) as in the past and the number of farm-related lawmakers with rational views has grown.

It is imperative to get operations at the Tokyo Stock Exchange back to normal as soon as possible for the sake of the Japanese economy.

I think there are probably lawmakers who are wavering and people who think it is undesirable for there to be any major, unpredictable upheaval.

Overall, (the recovery) is progressing forward in a well-balanced fashion.

People need to know what kind of economic conditions will ensue for their businesses. The BOJ has the obligation to explain policy clearly.

Long-term interest rate levels reflect real economic growth, inflationary expectations and risk premium, and it may be possible to minimize the risk premium (component) through government policy.

Under the BOJ Law, the central bank is by definition aimed at achieving price stability. It is natural for the BOJ to emphasize the CPI.

There has to be some predictability in monetary policy for the sake of everyone's economic activities.

A stock exchange that can't carry on trading simply doesn't deserve to exist. The exchange should make it a top priority to bring business back to normal.

The Tokyo Stock Exchange should recognize that an exchange that is not capable of trading, may not be worth keeping in existence.

The Tokyo Stock Exchange must be an open market with credibility for the world that stock prices are fair and investors are safe.

The TSE is linked with stock markets around the globe. It is extremely regrettable that a computer system breakdown is halting trading.

In light of the criticism of the TSE both domestically and abroad, and the importance of the TSE to our capital markets, I hope the exchange returns to normal trading hours soon.

If conditions are met, I think it is all right for the BOJ to make the decision (to end the policy).