FSA Analytical Notes (2026.7), Vol. 2 Published
The Financial Services Agency published a report containing three analyses on lending to overseas borrowers, corporate default rates, and deposit trends as part of FSA Analytical Notes, a collection...
Economic Analysis
50FY2027 Budget Policy: Investment Framework and Active Fiscal Policy
On July 30, 2026, the Council on Economic and Fiscal Policy discussed the overall FY2027 budget and the basic policy for budget requests, based on the Cabinet Office midyear estimate and other...
IMES Newsletter: 2026 International Conference
The Institute for Monetary and Economic Studies of the Bank of Japan held the 2026 International Conference from May 27 to 28. Since the first conference in 1983, this was the 31st edition, with...
FY2026 Economic and Fiscal White Paper—Toward a Growth-Oriented Economy— | Chapter 6Price Changes, Corporate Behavior, and Growth Capital
Japan’s economy experienced prolonged restraint in corporate investment and labor costs, alongside sluggish growth in manufacturing production and exports. In the 2020s, however, progress in passing...
FY2026 Economic and Fiscal White Paper—Toward a Growth-Oriented Economy— | Chapter 7Corporate Balance Sheets and Capital Stock Accumulation
For companies in Japan, total assets remained broadly flat until the early 2000s and then expanded gradually, driven mainly by financial assets, while the share of tangible assets declined. During...
FY2026 Economic and Fiscal White Paper—Toward a Growth-Oriented Economy—
The FY2026 Annual Economic and Fiscal Report sets out the “Challenges for a FullScale Transition to a GrowthOriented Economy.” Chapter 1 examines current economic conditions and challenges, Chapter 2...
Features of FY2025 Bank and Shinkin Bank Results
The Bank of Japan’s Financial System and Bank Examination Department reported that large banks and regional banks posted higher profits in FY2025, while shinkin banks posted lower profits. Basic...
Major Banks’ FX Deposits: Customer Dynamics and Spreads
This article uses highgranularity data to examine customer dynamics in major banks’ foreigncurrency deposits and quantitatively analyzes the factors influencing whether customers exit, the length of...
BOJ Institute Discussion Paper Series
The Bank of Japan Institute for Monetary and Economic Studies Discussion Paper Series (DPS) compiles research findings by institute staff and external researchers and is intended to obtain broad...
Prime Minister Ishiba Attends Regional Revitalization Accompanying Support System Report Meeting and Individual Progress Report
On September 19, 2025, Prime Minister Ishiba attended the Regional Revitalization Accompanying Support System Report Meeting and Individual Progress Report at the Prime Minister's Official Residence....
Prime Minister Ishiba Holds Meeting with Crown Prince and Prime Minister Salman bin Hamad Al Khalifa of Bahrain
On September 19, 2025, Prime Minister Shigeru Ishiba held a 25minute meeting with His Royal Highness Crown Prince and Prime Minister Salman bin Hamad Al Khalifa of Bahrain at the Prime Minister's...
Current Monetary Policy Management
The Bank of Japan decided at the September 19, 2025 Monetary Policy Meeting to maintain the uncollateralized overnight call rate at around 0.5% with a vote of 7 in favor and 2 against. Board members...
Germany August Unemployment Exceeds 3 Million for First Time in 10.5 Years Since 2015
Germany Federal Employment Agency announced that unemployment in August 2025 exceeded 3 million for the first time since 2015, representing a 10.5year high. The unemployment rate reached 6.4%, an...
Canada August Consumer Price Index Rises 1.9% Year-on-Year
Statistics Canada announced on September 16 that the Consumer Price Index (CPI) for August 2025 rose 1.9% yearonyear, an increase of 0.2 percentage points from July 1.7%. The acceleration in CPI...
(BOJ Review) Recent Trends in Private Funds—Expansion of PE and PD Funds and Recent Characteristics—
Research Overview The Bank of Japan published on September 12, 2025, the latest analysis on trends in Private Equity (PE) funds and Private Debt (PD) funds. Authors are Keita Takemura, Yuko Iwamura,...
Treasury Ministry Holds 31st China Study Group Meeting, Analyzes Shenzhen Industrial Policy and 50 Years of Japan-China Exchange
The Ministry of Finance Policy Research Institute held the first meeting of the 31st China Study Group on September 2, 2025. Two important research presentations were delivered. The first was...
Lecture on '2025 Capital Investment Plan Survey' by Yu Takada at Policy Research Institute
The Policy Research Institute of the Ministry of Finance held a lecture by Mr. Yu Takada, Research Officer at the Industrial Survey Department of the Development Bank of Japan, on September 2,...
Cabinet Meeting Overview - September 5, 2025 Chief Cabinet Secretary Press Conference
Chief Cabinet Secretary announced September 5, 2025 Cabinet meeting decisions including 2 general items, government ordinances, and personnel appointments. Minister statements included Total Affairs...
Consumer Activity Index Released for July 2025
The Bank of Japan released the Consumer Activity Index for July 2025, a key indicator for monthly tracking of personal consumption trends, enabling timely analysis of personal consumption which...
Laos: August Inflation Rate Eases to 5% Year-on-Year, Policy Rate Cut to 9%
According to Lao Ministry of Finance Statistics Center, August 2025 inflation rate was 5.0% yearonyear and 0.8% monthonmonth, showing stabilized price increases. Laos experienced peak inflation of......