This paper reports our ongoing work on topic-sentiment analysis of central bank press conferences. Central banks rely on communication to implement monetary policy and convey their objectives to the public. Apart from the policies themselves, the sentiment or tone conveyed during a governor’s press conference could also influence both immediate economic indicators and long-term economic trajectories. This study analyzes the Japanese texts from the press conferences of two contrasting Bank of Japan (BOJ) governors: Shirakawa and Kuroda. By employing topic and sentiment analysis techniques, we define a topic-sentiment distribution representing the sentiment of governors’ statements per topic. Our findings highlight distinct divergences in tone between the two governors in relation to salient economic topics. This divergence provides crucial insights into the nuanced relationship between central bank communication styles and resultant economic outcomes.