Japan needs to pursue reform policies more vigorously - Takenaka

State Minister for Economic and Fiscal Policy said Japan has to pursue its reforms more vigorously after the recent sharp fall in US stocks, which helped to push up the value of the yen against the dollar.

"We forecast that we could not totally rely only on the American economy," on which to base Japan's recovery, Heizo Takenaka said on a talk show on the TV Asahi network.