Group 1 - Japan's real GDP grew by 0.3% quarter-on-quarter in Q2, translating to an annualized growth rate of 1.0% [1] - Personal consumption, which accounts for over half of Japan's economy, increased by 0.2% quarter-on-quarter, while business equipment investment rose by 1.3% and residential investment grew by 0.8% [1] - Public demand, including government consumption and public investment, decreased by 0.3%, contributing negatively to domestic demand growth [1] Group 2 - The Cabinet Office revised its GDP growth forecast for the current fiscal year (April 2025 to March 2026) down from 1.2% to 0.7% [2] - The reduction in GDP growth expectations is attributed to the impact of U.S. tariff policies, which are expected to directly decrease Japan's exports to the U.S. and indirectly affect exports to other countries [2]

Group 1 - Japan's real GDP grew by 0.3% quarter-on-quarter in Q2, translating to an annualized growth rate of 1.0% [1] - Personal consumption, which accounts for over half of Japan's economy, increased by 0.2% quarter-on-quarter, while business investment in equipment rose by 1.3% and residential investment grew by 0.8% [1] - Public demand, including government consumption and public investment, decreased by 0.3%, contributing negatively to domestic demand growth [1] Group 2 - The Japanese Cabinet Office revised its economic growth forecast for the fiscal year 2025 from 1.2% to 0.7%, citing the impact of U.S. tariff policies on Japan's exports [2] - The decline in exports to the U.S. is expected to have a direct effect, while reduced exports from other countries to the U.S. will indirectly affect Japan's exports of intermediate goods [2]