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By Kazunori Takada

SINGAPORE, Nov 12 (Reuters) - Japan cannot consider an stimulus exit policy yet because of severely weak domestic demand and a gloomy corporate outlook, a senior finance ministry official said on Thursday.

Speaking after Asia-Pacific finance ministers committed to economic stimulus plans until a sustained recovery was under way, Parliamentary Finance Secretary Shinichiro Furumoto said that further measures would depend on the funding situation.

"We have to look at our responsibility as the issuer of government debt as well as our responsibility to implement further fiscal measures," Furumoto told Reuters in a group interview.

He said domestic demand was in a "severe" condition and companies' earning outlook for the current year to March was gloomy.

"We are most definitely not in a situation to consider exit policy," he said.

Japanese officials have repeatedly said the government was carefully watching long-term interest rate moves and must be careful to not let rising rates become a trend.

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