The Bank of Japan (BoJ) Governor Haruhiko Kuroda said in a speech on Friday that the central bank was ready to add further stimulus measures to boost inflation.

"It [the BoJ] will carefully consider how to make the best use of the policy scheme in order to achieve the price stability target of 2 percent, and will act decisively as we move on," he said.

Kuroda added that there were still tools to boost inflation.

"There is no doubt that ample space for additional easing," the BoJ governor noted.