BOJ's Fukuma says Japan headed for recovery

The Japanese economy appears headed toward a stable recovery, a Bank of Japan policy board member said on Thursday 25 March, as the strong export-led rebound continues.

The Bank of Japan's Toshikatsu Fukuma was upbeat about the nation's economic outlook, reiterating the bank's official view that the economy is "recovering gradually."

"A sustainable recovery is in sight," he told business leaders in Nagasaki, southwestern Japan.

Fukuma, a former trading company executive, said the bank was commit