The economy is showing some improvements in exports and production, but clear signs of a self-sustained recovery have yet to be observed, the Bank of Japan said in its monthly report released Monday.

The BOJ report for September slightly changes its assessment of economic and financial conditions by citing a recent upswing in exports to other parts of Asia and a rise in industrial production. But it remains cautious about the overall recovery, noting such factors as the peaking-out of housing investments as well as ongoing corporate restructuring, which is barring firms from making large capital investments.

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