Tokyo, April 11 (Bloomberg) -- The Japanese government may cut itseconomic growth target to less than 1 percent for this fiscal year that beganApril 1, from the current forecast of 1.7 percent, the Asahi newspaper said,without citing sources. The government expects the country's gross domestic product may notgrow as much as it had hoped because of the slowdown in the U.S.economy, which reduces the consumption of Japanese products, thenewspaper said. The number of corporate bankruptcies and the unemployment rate willprobably rise also, reducing capital spending and individual consumption,the newspaper said. The government's emergency economic package to pull the economy out ofa 10-year slump, announced last week, was received with disppointment byinvestors, who believed the plan lacked detail.