Press Conference by Taro Aso, Deputy Prime Minister, Minister of Finance, and Minister of State for Financial Services
(Excerpt)
(Tuesday, May 19, 2015, 8:51 am to 9:02 am)
[Questions and answers]
- Q.
-
As of last week, most of the major banks had announced their financial results, and apparently most of them performed well. However, profit margins from their core businesses had dropped significantly and were fairly thin. Please tell me whether you think this situation means that Japan’s financial sector has fully recovered or whether essential improvements still need to be made.
- A.
-
I’m not sure what criteria should be used to define “fully recovered,” but if I apply your criteria, I’d say that it hasn’t fully recovered. It’s still patchy.
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