Junichi Makino Quotes

What we are now witnessing is the start of an adjustment in land prices that have fallen far beyond reasonable levels.

- Junichi Makino

Tags

Witnessing | Start | Adjustment | Land | Prices |

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A deficit because of the Lunar Year holiday is a blip and isn't a concern for the economy. While strong domestic demand is fueling import growth, which partly led to the deficit, it's a good thing because it signals resilient demand. - Junichi Makino

Due to lingering reconstruction demand in areas that were hit by hurricanes last year and brisk demand for Japanese cars that have better fuel efficiency, exports to the US are likely to be solid until around mid-2006. - Junichi Makino

The trade surplus will continue to shrink because of higher oil prices and sluggish exports. The direct effect of high oil prices on Japan is negligible and domestic capital spending is strong which is also causing imports to rise. - Junichi Makino