My calculation for the next release of the Average Cash Earnings would be negative. Based on the previous releases, I have noticed the instability of this indicator since it has been depreciating from 1.5% last May and plunging down to -0.2% last June. This could show that the continued drop in average cash earnings could be a reflection of the lack of profits from the companies in Japan or the shrinking of the labor market. Hence, I recommend the yen to be on a sell position.