The Bank of Japan released its minutes concerning the August 10 and 11 meeting when the bank decided to keep interest rates unchanged to remain at the low record of 0.10%. The BOJ said that economic conditions stopped worsening and that public investment is increasing along with improving exports and production.

However, business fixed investment is falling sharply as corporate profits remain weak indicating more deteriorations in the business sector. The bank added that private consumption is generally weak, despite it picked up due to the government's stimulus package, while financial conditions are showing signs of recovery.