Bank of Japan Gov. Haruhiko Kuroda said Friday the central bank will discuss, at least in principle, an exit policy from its current aggressive monetary easing in fiscal 2019 if the 2 percent inflation target is reached.

Appearing in front of a Lower House committee where he laid out his vision for the next five years, Kuroda also insisted that he will make "utmost efforts" to achieve the prized target.

Kuroda made clear that while the bank is not yet considering a "concrete" exit strategy, as the 2 percent inflation target has not yet been reached, he did admit that the bank was discussing the eventual "nature" of an exit.