Japan's economy recovering moderately.

Exports, output moving sideways.

Consumption increasing steadily, albeit at moderate pace.

Japan's economy likely to continue moderate recovery.

Inflation likely to narrow pace of rise, then re-accelerate reflecting changes in corporate wage-, price-setting behaviour.

Uncertainty surrounding Japan's economy very high.

Must carefully watch financial, FX market moves and their impact on Japan's economy, prices.

BoJ will aim at stably, sustainably achieving 2% inflation target, accompanied by wage growth, by patiently maintaining current easy policy.

Japan's financial system maintaining stability as a whole.