On July 26, the 'basic outline of national policy' was approved by the cabinet, and the 'plan to establish, based on the spirit of the Imperial Way, the Greater East Asia Co-prosperity Sphere, of which Japan, Manchuria and China form one part' (from a discourse by Matsuoka Foreign Minister) was announced.
7月26日に「基本国策要綱」を閣議決定し、「皇道の大精神に則りまづ日満支をその一環とする大東亜共栄圏の確立をはかる」（松岡外相の談話）構想を発表。