Nikkei is carrying the report of Amari’s comments in an interview on national broadcaster NHK.

“it’s being said that the correction of the strong yen is largely completed. If the yen keeps on weakening a lot more, it will have a negative impact on peoples’ lives.”

On the surging stockmarket, he said the rise: “has been a bit faster than we’d expected,”

This is a negative for yen crosses, with USD/JPY 102.85/90 now from above the figure a little earlier on.