Prime Minister Kishida said that in order to link current stock price trends to a virtuous economic cycle, it is necessary to achieve sustainable wage increases that can keep up with rising prices. He expressed his intention to further promote labor market reform, including efforts to facilitate smooth migration.

The Nikkei Stock Average has hit a new all-time high, and is now within sight of reaching the 40,000 yen level. We aim to create an economy that supports the economy and realizes a virtuous cycle that attracts new investment.