Press Conference by Shozaburo Jimi, Minister for Financial Services

(Excerpt)

(Monday, August 15, 2011, from 10:43 a.m. to 10:52 a.m.)

[Questions & Answers]

Q.

According to GDP data for April-June announced this morning, the Japanese economy recorded negative growth for nine consecutive months. Could you comment on the data, including the margin of the negative growth?

A.

While a negative growth of 1.3% was announced today, the margin of the negative growth was smaller than that forecast by private organizations. In any case, the Financial Services Agency (FSA) will closely watch the market conditions and the global situation.

(End)

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