Press announcement

Abenomics: Japan’s Economy at Crucial Juncture

May 06, 2015

Bloomberg hosts Japan’s Deputy Minister of Economy, Yasutoshi Nishimura

“While the weak yen has been good for the Japanese economy overall, there has also been a negative side to that,” Japan’s Deputy Minister of Economy, Yasutoshi Nishimura told an audience at Bloomberg in New York on May 5.

The event gave Nishimura an opportunity to present the government’s reform plans, as he works with Japan’s Economy Minister Akira Amari, a key architect of Abenomics. He outlined what moves Japan’s government may take next to strengthen the world’s third largest economy to a select group of 60 senior executives from hedge funds, international investment management firms and portfolio managers.

The program was broadcast on the Bloomberg Professional service’s LIVE function and on Bloomberg.com. A replay of the program is available at https://www.bloomberg.com/news/videos/2015-05-05/japan-s-nishimura-speaks-about-abenomics-economy

The Abe administration plans to push Japan’s large exporters to pass on benefits from the weaker yen to suppliers hurt by higher costs for imported raw materials, Deputy Economy Minister Yasutoshi Nishimura said during a Bloomberg News interview (read the story at)
https://www.bloomberg.com/news/articles/2015-05-06/japan-pushes-big-companies-to-pass-yen-benefits-on-to-suppliers

Yasutoshi Nishimura Speaks to Bloomberg Audience

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Brian Fowler at podium

This event was held on Tuesday, May 5 at Bloomberg Headquarters, 3:00pmET.

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by Brian Fowler, Bloomberg News Managing Editor, Japan and Korea