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Forecast for the Japanese Economy in Fiscal 2009 and 2010: May 2009
-- The Recovery Will Be Neither "L-Shaped" Nor "V-Shaped" --

Summary

1. Outlook for the Japanese Economy in Fiscal 2009 and Fiscal 2010
-- The Recovery Will Be Neither "L-Shaped" Nor "V-Shaped"

(1)Current State of the Economy

(2)Outlook for the Economy

(3)Outlook for Fiscal 2009 and Fiscal 2010

2. Forecasts of Economic Activity by Sector

(1)Corporations

(2)Households

(3)Government

(4)Trends in Overseas Economies

3. Forecasts for Prices and Financial Markets

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