Yoshinori Kanehana, chairman of Kawasaki Heavy Industries, stated at the Gastech conference on Tuesday that yen fluctuations make it difficult to formulate strategy, and the company would consider moving production back to Japan from the U.S. if the yen strengthens to 150. Takayuki Ueda, president and CEO of energy giant Inpex, believes that a USD/JPY exchange rate of 100 is an "appropriate" level, even though nearly 90% of the company's business is denominated in U.S. dollars and benefits from a weaker yen. Takeshi Hashimoto, chairman of Mitsui O.S.K. Lines, also expressed a desire for stable currency markets and is "satisfied" with an exchange rate of 150-155. The market widely expects the Bank of Japan to raise interest rates by 25 basis points to 1.25% at its policy meeting concluding on Friday.