TOKYO (AFX-ASIA) - Finance Minister Masajuro Shiokawa said he has ordered ministry officials to give foreign exchange movements their full attention, as current dollar/yen moves are extremely sharp. "Our stance on forex policy has not changed. I think the dollar/yen movement is extremely sharp, so I have ordered officials to give the market their complete attention," Shiokawa said at a regular briefing. However, he declined to comment on whether financial authorities will intervene to halt or slow the appreciation in the yen. "I won't say anything about that," he said, responding to reporters' questions. Shiokawa also commented on plans to reform the corporate tax system, saying he wants to submit his own proposals after disagreement at last night's meeting of the government's Council on Economic and Fiscal Policy. "Some private-sector representatives are strongly opposed to the government tax panel's proposals. I think the government cannot work out details of tax reform within June," he said. "Discussions are still at a preliminary level. I have decided to submit the government's own tax-reform plan to push the debate forward," he said. "The (new) government plan will differ from counterpart plans but it will be worked out through reconciliation with other parties," he added. Shiokawa said further tax cuts should be aimed at specific policy goals. "The real Japanese corporate tax rate has almost reached global standards," he said. "So instead of lowering the rate further, I think the government should focus tax cuts on specific policy measures, such as lowering the burden of capital investment, dividend payments and spending on research," he said.