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[Provisional Translation]

Prime Minister Shinzo Abe attended an Emergency Government-Bank of Japan (BOJ) Meeting on Stabilizing Financial Markets at the Prime Minister’s Office.

During the meeting, analysis and exchange of information concerning the UK exit from the EU took place.

The Prime Minister said in his opening address,

“At the end of last week significant fluctuations were seen in global financial and currency markets, including the Tokyo market, following the result of the national referendum on the UK exit from the EU.

Against this backdrop, Japan, as the country holding the G7 Presidency, moved quickly to hold a meeting of G7 Finance Ministers and Central Bank Governors, and has issued a joint statement.

I believe that through this statement, in which the G7 nations announce that steps have been taken to ensure adequate liquidity and that they will continue to cooperate on market stability, we have sent out a clear message to the world and particularly the markets about the shared determination of the international community, and have also been able to give a sense of security to markets.

However, there is still a lack of transparency and concerns over risk in the financial markets, and it is important to continue to ensure market stability.

In this regard, international coordination is needed.

The G7 nations must strengthen their joint resolve to move towards global economic growth, and steadily deal with each and every emerging risk. As the country holding the G7 Presidency, Japan is resolved to spearhead such efforts.

The Tokyo markets will open shortly and it will be necessary to pay attention to developments calmly and carefully.

We must also take all measures to ensure that this situation does not impact the real economy of Japan, above all the activities of small- and medium-sized enterprises.

To this end too, it is imperative that the G7 nations continue to cooperate in sending out a unified message about their strong commitment to work to stabilize markets.

I would therefore like Minister Aso to work in cooperation with the BOJ to pay even closer attention to financial and currency market movements. Furthermore, I would like Minister Aso to work in close cooperation with the other G7 nations and make the necessary economic and financial responses in a flexible manner.

Last night I spoke with Governor Kuroda of the BOJ, who is attending a meeting of central bank governors in Basel, Switzerland. I heard from him that the central banks of 30 major countries, including the G7 nations, have agreed to cooperate closely in carefully monitoring market movements, in order to support the proper functioning of international financial markets.

I would also like the BOJ to continue to work closely with the central banks of G7 nations to ensure adequate market liquidity. In addition, I would also like the BOJ to support financial intermediary functions through the provision of ample funds, to ensure that there is no capital insufficiency, including for Japanese companies that are engaged in business in the UK.”