Executives' Comments Press Conferences Chairman Yonekura's comments at his Press Conference
Outlook for the Japanese economy in 2014
The Japanese economy will steadily grow. It is expected that a last-minute surge in demand will come during the January-March period ahead of the scheduled consumption tax hike. It will probably be followed by a backlash and it is necessary to pay most attention to the impact of the declining trend. However, a 5.5 trillion yen stimulus package, "economic measures towards a positive cycle of the economy" will prop up business and soften a blow of the spring tax raise.
Overall, the economy is expected to continue a self-sustained recovery mainly through domestic demand supported by steady consumption.