Note 1-41

41 Concrete outlooks, including projections for the economic growth rate in FY2004 and FY2005 will be clarified in the Government Economic Outlook which will be formulated and approved by the Cabinet at the end of the year, in line with the government's policy measures that will be implemented in FY2005. The purpose of this section is to present, from the perspective of economic analysis, information and points for consideration that can be applied in outlining the future of Japan's economy. The section uses data obtained as of July 2004.