We represent companies from around the world who say, "I want to look at Japanese companies. I want to invest in Japan."

I don't think that [normalization] necessarily is going to damage the emerging economies.

As countries get wealthier - all of them, together - you're going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they're too highly valued, or too leveraged.

You have your own culture and your own ways of doing things. I hope Japan continues on this path.

It's an advantage for both parties to have the other. It also creates good stability of earnings. Our business mix means we have a diversified earnings stream, which is one of the things why we got through the tough times so successfully.

I speak to lots of people around the world, and no one would tell you that 25 basis points will make a difference to them.

We represent companies from around the world who say, "I want to look at Japanese companies. I want to invest in Japan."