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Press Conference By KATO Katsunobu, Japan Minister Of Finance And Minister Of State For Financial Services - Japan As A Leading Asset Management Center

Date 17/04/2025

(Excerpt)

(Friday, April 4, 2025, 8:38 am to 8:45 am)

[Questions and answers:]

Q.

Along with the exchange rate, stock prices also fell significantly at one point, and there are concerns that this may dampen the trend of Japan as a leading asset management center. What are your thoughts on this?

A.

We refrain from making direct comments on exchange rates and stock prices. We will continue to take measures one by one, including promoting Japan as a leading asset management center. In terms of promoting Japan as a leading asset management center, I have said in the past that, in general, rather than focusing on this particular case, it is probably more appropriate to accumulate and manage assets over the long term, as prices tend to rise and fall. We would like to take the necessary steps towards making Japan a leading asset management center, including what I have said, and in that sense, I would like to make sure that we continue to promote financial and economic education.