However, we will have to pay closer attention to Asian developments should the growth of Asian exports to the U.S. stop. Japanese stock prices are down and this has had an effect on confidence. On the other hand, the Bank of Japan's Tankan released in December shows that corporate profits are improving. Regarding consumption statistics, such business categories as department stores and supermarkets are in structural decline. But it is important to have statistics on convenience stores which are experiencing continued expansion.
Discount stores are also important.
The question of reliable statistics goes beyond the area of consumption and employment. As the economy continues its move from manufacturing to service industries, the concern arises as to whether our statistics accurately reflect the reality of the economy. The second meeting of the Council shall be held in the afternoon of January 18. I hope that we will be able to discuss our schedule and agenda for future discussion in the forthcoming meeting of the Council.