Yasutoshi Nishimura is on the wires

  • Stock fall due to external factors not negative reaction to Abenomics
  • Sees falls as temporary adjustment in reaction to recent gains
  • Expects BOJ to respond flexibly to JGB market
  • Govt will stick to fiscal reform target
  • Will include fiscal reform target in policy platform due in June
  • Expects positive effect of weaker yen to play out in economy around summer