From 2018 to the first half of 2019，Japanese economy continues growing slowly. By the end of January 2019，the resuscitation cycle had continued 74 months，which is the longest resuscitation cycle after the World War II. At the same time，Japanese economic growth also showed signs of fatigue. The real economic growth in the second half of 2018 and the first half of 2019 showed significant decline. For example，weak consumption and investment，the risks of world economy are the factors for this weak growth. In 2019 and 2020，the Japanese economy will face to some negative factors such as consumption tax increase and the world economic and political risks. The long-run risks，such as aging of population and government debt will still exist. Tokyo Olympic Games will be a positive factor. We consider that Japanese economy will still growth slowly in 2019 and 2020，but it is difficult to return to the good condition like in 2017.