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Forecast for the Japanese Economy In Fiscal 2006 and 2007: March 2006
--Growth of about 2% in the Post-Deflationary Era--

Summary

1. Forecast for the Japanese Economy in Fiscal 2006 and 2007
--Growth of about 2% in the Post-Deflationary Era

(1)Current State of the Economy

(2)Outlook for the Economy in Fiscal 2006 and Fiscal 2007

(3)Growth Potential in the Post-Deflationary Era

(4)Risk Factors

2. Forecasts from the Perspective of Economic Sectors

(1)Corporate Sector

(2)Household Sector

(3)Government Sector

(4)External Sector

3. Outlooks for Prices and Financial Markets

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