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Forecast for the Japanese Economy in Fiscal 2009 and 2010: August 2009
-- Even if Recovery Begins, There Will Be No Room for Optimism. --

Summary

1. Outlook for the Japanese Economy in Fiscal 2009 and Fiscal 2010
-- Even if Recovery Begins, There Will Be No Room for Optimism.

(1)Current State of the Economy: Bottoming Out Supported by Exports and Positive Effects of Stimulus Policies

(2)Economic Outlook: Concerns about a Loss of Momentum May Rise

(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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