Finance Minister Masajuro Shiokawa said Tuesday he hopes to implement securities tax reforms in January after discussing them during the extraordinary Diet session to be convened this month.

Prime Minister Junichiro Koizumi (right) leaves a photo session before a Cabinet meeting.

"I hope to implement them in January after a debate at the extraordinary Diet session in order to give more incentives for stock transactions than savings," Shiokawa told a regular news conference.