[Despite Yen Dropping to a 40-Year Low, Katayama Satsuki Maintains a 'Stable' Tone] According to Golden Finance, on June 30, despite the yen-to-dollar exchange rate falling to its lowest level since 1986, Japan's Finance Minister Katayama Satsuki stated that Japan will respond appropriately to foreign exchange market trends at any time, consistent with her recent remarks. Katayama Satsuki said, 'The most important thing is that we are always ready to take appropriate action when necessary.' When asked whether her wording had changed, Katayama stated that her communication style has always remained 'stable,' and she only used the term 'bold action' when pressed. The market typically interprets this phrasing as a threat that the Japanese government might directly intervene in the foreign exchange market, which also suggests that she may not currently be inclined to send a stronger signal of intervention to the market. So far, Katayama has issued multiple verbal warnings, which have yet to stop the yen's continued weakening. Additionally, Chief Cabinet Secretary Hirokazu Matsuno also stated that Japan will take appropriate action in the foreign exchange market whenever necessary. Katayama declined to comment on specific exchange rate levels.