Sanae Takashi clarifies weak yen remarks, stating the focus is on strengthening economic resilience

Odaily Planet Daily reports that Japanese Prime Minister Sanae Yoshimura clarified her remarks on the yen depreciation on Sunday, emphasizing that she merely advocates for the need to establish an economic system capable of resisting exchange rate fluctuations. “I did not say that a strong yen is a good thing, or that a weak yen is a bad thing,” Sanae Yoshimura posted on her social media platform X, “What I mean is to build a robust economic structure that can withstand exchange rate volatility.” Yoshimura’s statement aims to clarify her comments made on Saturday while campaigning for Liberal Democratic Party candidate Yamagiwa Taishiro in Kanagawa Prefecture. She stated at the time, “Although people now say that yen depreciation is bad, for the export industry, it is actually a huge opportunity.” She also added that yen depreciation provides a buffer for the automotive industry to respond to US tariffs, helping it “be very significant.” (Jin10)