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Economy minister Ota retains post with her push for fiscal reform

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks at a press conference after retaining her post in Prime Minister Shinzo Abe's Cabinet reshuffle on Aug. 27. The professor-turned-minister keeps herself on track to spearhead Japan's structural reforms, as she tries to steadily implement plans to cut fiscal spending.

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Japan's economy logs 0.5% annualized rise in April-June qtr

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks about Japan's economy during a news conference in Tokyo on Aug. 13. The government said the same day that Japan's economy posted a weaker-than-expected 0.5 percent annualized expansion in real terms during the April-June period from the previous quarter on a slowdown of growth in exports to the United States and in private domestic consumption.

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2 women, girl die in Tokyo residential fire

TOKYO, Japan - The wooden, two-story house of Setsuko Sakuragi in Tokyo's Ota Ward was gutted by a predawn fire on Jan. 3, 2010. Two women and a girl -- believed to be Sakuragi, 82, her second daughter Hiroko, 48, and Hiroko's daughter Natsumi, 9 -- were killed in the fire.

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Japan not so closed to foreign investments as bruited: Ota

TOKYO, Japan - Hiroko Ota, Japan's economic and fiscal policy minister, speaks during an interview with Kyodo News in Tokyo on July 2. Ota said, ''I feel the image that Japan is closed has been bruited even as it is actually not so closed.''

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Gov't downgrades economic assessment for 2nd month

TOKYO, Japan - Prime Minister Yasuo Fukuda (R), economic and fiscal policy minister Hiroko Ota (C) and Land, Infrastructure, Transport and Tourism Minister Tetsuzo Fuyushiba (L) attend a meeting of ministers in charge of economic affairs at the prime minister's office on March 19. In its March report, the government downgraded its monthly economic assessment for the second straight month.

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Japan downgrades economic assessment for 1st time in 15 months

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota (L) and Prime Minister Yasuo Fukuda attend a meeting of ministers in charge of economic affairs at the prime minister's office in Tokyo on Feb. 22. In its February report, the government downgraded its monthly economic assessment for the first time in 15 months.

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Japan economy faces 'downside risks' despite strong growth data: Ota

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference after the Cabinet Office announced Japan's gross domestic product data for the October-December quarter on Feb. 14. Ota warned that the Japanese economy faces ''downside risks'' to its growth despite the stronger-than-expected growth figures released by the office.

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Japanese economy grows annual 3.7% in Oct.-Dec. qtr

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a news conference after the Cabinet Office announced Japan's gross domestic product data for the October-December quarter on Feb. 14. Japan's real economy grew a stronger-than-expected annualized 3.7 percent in the October-December quarter, aided by brisk Asia-bound exports and firm corporate capital spending.

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Economic minister Ota vows efforts to bolster growth

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota delivers the government's economic policy speech at the opening session of the regular Diet session on Jan. 18. She stressed the importance of beefing up the nation's economic growth, saying Japan can no longer be called a ''first class'' economy.

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Gov't earmarks 215 bil. yen to lessen impact of rising oil price

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, briefs reporters in Tokyo on Dec. 25 about the government emergency relief package for people and small businesses affected by the surge in crude oil prices.

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Japan projects 2.0% growth in FY 2008

TOKYO, Japan - Prime Minister Yasuo Fukuda (C) addresses a Cabinet meeting on economic policy on Dec. 19. To his left is economic and fiscal policy minister Hiroko Ota. Japan's economy is projected to grow a real 2.0 percent in fiscal 2008, bolstered by solid domestic demand with capital investment picking up, the government said in a report Dec. 19.

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Gov't panel adopts 2007 economic blueprint

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference on June 19 after the Council on Economic and Fiscal Policy endorsed 2007 economic policy guidelines featuring a pledge to further slash spending, narrow gaps in tax revenues between municipalities in urban and rural areas, and step up efforts to fight global warming.

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Gov't upbeat on economy

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference about a monthly economic report for June. The report said, ''The Japanese economy is recovering, despite weakness in industrial production in some sectors.'' It made a brighter assessment of private consumption than the previous month.

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Japan vows more anti-global warming efforts in economic policy draft

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference after a meeting of the government's Council on Economic and Fiscal Policy on June 12. A revised draft of the government's economic and fiscal policy guidelines discussed at the meeting showed that Japan will make further efforts to fight against global warming by reviewing its plan to achieve goals under the 1997 Kyoto Protocol and aiming at halving global greenhouse gas emissions from the current levels by 2050.

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Economic policy blueprint features 'maximum' spending cuts

TOKYO, Japan - Prime Minister Shinzo Abe (2nd from right) is flanked by economic and fiscal policy minister Hiroko Ota (far right) and Chief Cabinet Secretary Yasuhisa Shiozaki at a meeting of the Council on Economic and Fiscal Policy on June 4. The Cabinet Office unveiled a draft of the 2007 economic and fiscal policy guidelines at the session.

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Economic policy blueprint features 'maximum' spending cuts

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference on June 4 after at a meeting of the Council on Economic and Fiscal Policy on June 4. The draft featured a pledge to implement ''maximum'' spending cuts in the compilation of the fiscal 2008 budget and narrow gaps in tax revenues between municipalities in urban and rural areas.

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Japan's Jan.-March GDP grows at annualized 2.4%

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks in Tokyo on May 17 about Japan's economy, which grew at an annualized 2.4 percent in real terms in the January-March period.

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Gov't remains upbeat on economy, but notes weak output

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference about a monthly economic report released on April 16 by the Cabinet Office. ''We believe private consumption has already bottomed out,'' she said.

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Gov't remains upbeat on economy, but notes weak output

TOKYO, Japan - Prime Minister Shinzo Abe (2nd from L), flanked by economic and fiscal policy minister Hiroko Ota (L) and Chief Cabinet Secretary Yasuhisa Shiozaki 3rd from L), addresses a meeting of his economic ministers at his office on April 16. The government maintained its upbeat view on the Japanese economy in a monthly report, while tweaking details by noting weak industrial output and dropping negative wording on private consumption.

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Gov't keeps upbeat view, wary of consumption in March report

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks at a news conference in Tokyo on March 15 about the monthly government economic report for March.

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Japan's Oct.-Dec. GDP grows annualized 4.8%

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks during a news conference in Tokyo on Feb. 15 after the government announced that Japan's economy grew for the eighth straight quarter in the October-December period of 2006, expanding at an annualized 4.8 percent in real terms as weak personal spending in the previous quarter rebounded.

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Ota stresses need to further perk up Japanese economy

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, delivers her policy speech at the plenary session of the House of Representatives on Jan. 26.

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Japan economy marks 5-yr expansion despite weak consumption

TOKYO, Japan - Prime Minister Shinzo Abe(2nd from left) presides over a meeting of the Cabinet Council on Economic Ministers at his office on Jan. 22. Seated on his left is economic and fiscal policy minister Hiroko Ota. The government confirmed in a monthly report released at the meeting that the Japanese economy has grown for a record 60th consecutive month in the longest postwar boom, but maintained its view that consumption remains weak.

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Panel OKs midterm economic policy to boost growth

TOKYO, Japan - Economic and Fiscal Policy Minister Hiroko Ota speaks at a press conference after the government Council on Economic and Fiscal Policy endorsed a midterm economic policy to boost Japan's economic growth to an annual 2 percent or more in real terms and 3.5 percent in nominal terms during the five-year period from fiscal 2007.

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Structural reform necessary to correct int'l imbalances: Ota

WASHINGTON, United States - Japan's economic and fiscal policy minister Hiroko Ota speaks at a news conference in Washington on Jan. 4. She said structural reform holds the key to redressing international imbalances, not manipulating foreign exchange rates.

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Gov't panel endorses draft of FY 2007 budget policy

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference on a draft of the budget policy for fiscal 2007 approved by the Council on Economic and Fiscal Policy on Nov. 24. The draft aims to trim the new issuance of government bonds from 29.97 trillion yen in the initial budget for fiscal 2006.

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Gov't panel endorses draft of FY 2007 budget policy

TOKYO, Japan - Prime Minister Shinzo Abe (L) addresses a meeting of his key economic policy panel, the Council on Economic and Fiscal Policy, flanked by economic and fiscal policy minister Hiroko Ota at the prime minister's official residence on Nov. 24. The panel approved a draft of the budget policy for fiscal 2007 aimed at trimming the new issuance of government bonds from 29.97 trillion yen in the initial budget for fiscal 2006.

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Japan's economy in longest postwar boom

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks about a monthly government economic report for November at a news conference in Tokyo on Nov. 22.

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Japan's economy grows at annual 2.0% rate in July-Sept. qtr

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks about Japan's gross domestic product for the July-September period at a press conference in Tokyo on Nov. 14.

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October economic report shows recovery equals postwar record

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks at a news conference in Tokyo on Oct. 12 about the government monthly economic report.

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Abe Cabinet gets down to work

TOKYO, Japan - New economic and fiscal policy minister Hiroko Ota (L) poses for a photo after taking over her predecessor Kaoru Yosano on Sept. 27.

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State Minister Ota

TOKYO, Japan - Newly appointed economic and fiscal policy minister Hiroko Ota speaks at a press conference at the prime minister's office on Sept. 26.

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State Minister Ota

TOKYO, Japan - Newly appointed economic and fiscal policy minister Hiroko Ota walks into the prime minister's office on Sept. 26.

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October economic report shows recovery equals postwar record

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks at a news conference in Tokyo on Oct. 12 about the government monthly economic report. (Kyodo)

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Japan's economy grows at annual 2.0% rate in July-Sept. qtr

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks about Japan's gross domestic product for the July-September period at a press conference in Tokyo on Nov. 14. (Kyodo)

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Japan's economy in longest postwar boom

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks about a monthly government economic report for November at a news conference in Tokyo on Nov. 22. (Kyodo)

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Gov't panel endorses draft of FY 2007 budget policy

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference on a draft of the budget policy for fiscal 2007 approved by the Council on Economic and Fiscal Policy on Nov. 24. The draft aims to trim the new issuance of government bonds from 29.97 trillion yen in the initial budget for fiscal 2006. (Kyodo)

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Gov't panel endorses draft of FY 2007 budget policy

TOKYO, Japan - Prime Minister Shinzo Abe (L) addresses a meeting of his key economic policy panel, the Council on Economic and Fiscal Policy, flanked by economic and fiscal policy minister Hiroko Ota at the prime minister's official residence on Nov. 24. The panel approved a draft of the budget policy for fiscal 2007 aimed at trimming the new issuance of government bonds from 29.97 trillion yen in the initial budget for fiscal 2006. (Kyodo)

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Structural reform necessary to correct int'l imbalances: Ota

WASHINGTON, United States - Japan's economic and fiscal policy minister Hiroko Ota speaks at a news conference in Washington on Jan. 4. She said structural reform holds the key to redressing international imbalances, not manipulating foreign exchange rates. (Kyodo)

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Panel OKs midterm economic policy to boost growth

TOKYO, Japan - Economic and Fiscal Policy Minister Hiroko Ota speaks at a press conference after the government Council on Economic and Fiscal Policy endorsed a midterm economic policy to boost Japan's economic growth to an annual 2 percent or more in real terms and 3.5 percent in nominal terms during the five-year period from fiscal 2007. (Kyodo)

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Japan economy marks 5-yr expansion despite weak consumption

TOKYO, Japan - Prime Minister Shinzo Abe(2nd from left) presides over a meeting of the Cabinet Council on Economic Ministers at his office on Jan. 22. Seated on his left is economic and fiscal policy minister Hiroko Ota. The government confirmed in a monthly report released at the meeting that the Japanese economy has grown for a record 60th consecutive month in the longest postwar boom, but maintained its view that consumption remains weak. (Kyodo)

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Ota stresses need to further perk up Japanese economy

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, delivers her policy speech at the plenary session of the House of Representatives on Jan. 26. (Kyodo)

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Japan's Oct.-Dec. GDP grows annualized 4.8%

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks during a news conference in Tokyo on Feb. 15 after the government announced that Japan's economy grew for the eighth straight quarter in the October-December period of 2006, expanding at an annualized 4.8 percent in real terms as weak personal spending in the previous quarter rebounded. (Kyodo)

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Gov't keeps upbeat view, wary of consumption in March report

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks at a news conference in Tokyo on March 15 about the monthly government economic report for March. (Kyodo)

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Gov't remains upbeat on economy, but notes weak output

TOKYO, Japan - Prime Minister Shinzo Abe (2nd from L), flanked by economic and fiscal policy minister Hiroko Ota (L) and Chief Cabinet Secretary Yasuhisa Shiozaki 3rd from L), addresses a meeting of his economic ministers at his office on April 16. The government maintained its upbeat view on the Japanese economy in a monthly report, while tweaking details by noting weak industrial output and dropping negative wording on private consumption. (Kyodo)

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Gov't remains upbeat on economy, but notes weak output

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference about a monthly economic report released on April 16 by the Cabinet Office. ''We believe private consumption has already bottomed out,'' she said. (Kyodo)

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Japan's Jan.-March GDP grows at annualized 2.4%

TOKYO, Japan - Hiroko Ota, state minister in charge of economic and fiscal policy, speaks in Tokyo on May 17 about Japan's economy, which grew at an annualized 2.4 percent in real terms in the January-March period. (Kyodo)

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Economic policy blueprint features 'maximum' spending cuts

TOKYO, Japan - Prime Minister Shinzo Abe (2nd from right) is flanked by economic and fiscal policy minister Hiroko Ota (far right) and Chief Cabinet Secretary Yasuhisa Shiozaki at a meeting of the Council on Economic and Fiscal Policy on June 4. The Cabinet Office unveiled a draft of the 2007 economic and fiscal policy guidelines at the session. (Kyodo)

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Economic policy blueprint features 'maximum' spending cuts

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference on June 4 after at a meeting of the Council on Economic and Fiscal Policy on June 4. The draft featured a pledge to implement ''maximum'' spending cuts in the compilation of the fiscal 2008 budget and narrow gaps in tax revenues between municipalities in urban and rural areas. (Kyodo)

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Japan vows more anti-global warming efforts in economic policy d

TOKYO, Japan - Economic and fiscal policy minister Hiroko Ota speaks at a press conference after a meeting of the government's Council on Economic and Fiscal Policy on June 12. A revised draft of the government's economic and fiscal policy guidelines discussed at the meeting showed that Japan will make further efforts to fight against global warming by reviewing its plan to achieve goals under the 1997 Kyoto Protocol and aiming at halving global greenhouse gas emissions from the current levels by 2050. (Kyodo)