Japan’s Chief Cabinet Secretary Matsuno Hiroshi: No comment on whether Japan will intervene in the foreign exchange market.

Japanese Vice Minister of Finance Masato Kanda: (When asked about foreign exchange intervention operations) We are acting in accordance with the G7 and G20 agreements on foreign exchange.

Makoto Kanda, Japan’s Deputy Minister of Finance: If unilateral fluctuations continue for a long time, it may be regarded as excessive fluctuations.

Japanese Vice Minister of Finance Masato Kanda: (When asked what is excessive volatility in the foreign exchange market) Excessive fluctuations in the foreign exchange market may last for more than a week or longer.

SoftBank CEO: We have begun to use artificial intelligence in various areas of our business.

Makoto Kanda, Deputy Minister of Finance of Japan: Any intervention will not be aimed at the exchange rate level, but at the volatility.

SoftBank CEO: I hope SoftBank Group will use artificial intelligence more than any other company.

Japanese Vice Minister of Finance Masato Kanda: I would not comment on whether I have discussed the issue of the weak yen with Prime Minister Fumio Kishida.

Japanese Vice Minister of Finance Masato Kanda: It is normal not to announce (whether) intervention in the currency market.

Japanese Vice Minister of Finance Masato Kanda: Yields may also change due to speculation.

Japanese Vice Minister of Finance Masato Kanda: Foreign exchange trends since the beginning of the year are also a consideration.

Makoto Kanda, Deputy Minister of Finance of Japan: Excessive exchange rate fluctuations have a great impact on businesses and households.

Makoto Kanda, Deputy Minister of Finance of Japan: When judging whether exchange rate fluctuations are excessive, various factors must be considered.

Spot gold fell more than $3 in the short term and is now at $1,821.90 per ounce.

WTI crude oil fell back below US$88/barrel, down 0.50% on the day; Brent crude oil fell by US$0.3 in the short term and is now at US$90.17/barrel.

Japanese Vice Minister of Finance Masato Kanda: Discussed the overall economic situation with Prime Minister Fumio Kishida.

Japanese Deputy Finance Minister Masato Kanda: No comment on foreign exchange intervention.

SoftBank CEO: Artificial intelligence now has the ability to learn, train and reason on its own, just like humans.