Chairman Okuda's Press Conference

May 8, 2006

Following is the gist of remarks made by Hiroshi Okuda, Chairman, Keidanren at a scheduled press conference following monthly Chairman and Vice Chairmen's meeting on 8 May 2006. Translation is rush and tentative, カジノシークレット 出金 反映時間equence of the gist does not necessarily coincide with words delivered.

(カジノシークレット 出金 反映時間ppreciation of Japanese yen)

I have been saying that appropriate yen-dollar rate is between 110 and 120, and I do hope that yen would not surpass 110 yen to a dollar. Further appreciation カジノシークレット 出金 反映時間ustaining of the yen at the level will aggravate corporate performance. However, it is just one of many overt risks before Japan's economic growth including growth of China's and the U. S. economy, high crude oil price, Iran's case, and Iraq situation.

(Timing of raising consumptiカジノシークレット 出金 反映時間ax)

Keidanren has called カジノシークレット 出金 反映時間he government to raise consumptiカジノシークレット 出金 反映時間ax to 10% as soon as possible, but it also understands the government's needs to further cut its expenditures -- consumptiカジノシークレット 出金 反映時間ax should be raised after drastically cutting unnecessary spending on welfare, public works, and public payroll.

(On reported duel between Hanshin Group and "Murakami Fund")

It was the fault of Hanshin Group management that "Murakami Fund" went unnoticed until 48% of its shares were bought. Now Hanshin Group management should watch carefully on what "Murakami Fund" wants -- either to act as a good guy or a bad guy.

(カジノシークレット 出金 反映時間he effects of higher gasoline price)

If gas price keep rising and stay high, it will have a negative impact カジノシークレット 出金 反映時間he growth of Japan's economy. One must remain calm and watch how market fluctuates.


カジノシークレット 出金遅い Keidanren's