RIETI Policy Symposium

Japan's Financial System: Revisiting the Relationship between Corporations and Financial Institutions (Handouts)


  • Time and Date:
    Thursday, February 16, 2006, 13:30-17:10
    Friday, February 17, 2006, 9:00-17:00
  • Venue:
    Hall, Shinsei Bank (1st Floor, Head Office, 2-1-8 Uchisaiwaicho, Chiyoda-ku, Tokyo)
  • Language:
    Japanese / English (with simultaneous interpretation)

* Streaming video footage of and handouts pertaining to the symposium will be available for downloading from the RIETI website after the event.
* Purpose of Use of Images

Handouts [Thursday, February 16, 2006]

Conference Chair:


13:30-13:40 Opening Remarks

Session 1: "The Workings of Relationship Banking - impact on capital procurement and corporate activity"

Session Chair:

13:40-14:00 Presentation: "Relationship between interest rate and firm age"

14:00-14:20 Presentation: "Factors that influence the relationship between banks and SMEs"

14:20-14:40 Presentation: "Does main bank's health matter in firm customers' behavior?"

14:40-15:00 Comments

Session 2: "What to look for in credit complementarity of SMEs: the role of mortgage, guarantee and public lending facilities"

Session Chair:

15:30-15:50 Presentation: "The role of collateral and personal guarantees in relationship lending: Evidence from Japan's small business loan market"

15:50-16:10 Presentation: "Effectiveness of credit guarantees in the Japanese loan market"

16:10-16:30 Presentation: "How are loans by their main bank priced? Bank effects, information and non-price terms of contract"

16:30-16:50 Comments

Handouts [Friday, February 17, 2006]

Session 3: "Is relational banking relevant for corporate revitalization? Cooperation among and respective roles of financial institutions, revitalization funds and public institutions"

Session Chair:

9:00-9:20 Presentation: "Bank-Firm relationship and choices in legal bankruptcy proceedings of SMEs"

9:20-9:40 Presentation: "Relationship between regional revitalization funds and regional financial institutions"

9:40-10:00 Presentation: "Policy deployment and the role of regional financial institution in SME revitalization"

10:00-10:20 Comments

Session 4: "Is the market for indirect financing competitive? Impact of the restructuring of financial institutions"

Session Chair:

10:50-11:10 Presentation: "Financial institutions and contestability of the financial market"

11:10-11:30 Presentation: "Consolidation of cooperative (shinkin) banks in Japan: Causes and consequences"

11:30-11:50 Presentation: "Effects of bank mergers and acquisitions on small business lending"

11:50-12:10 Comments

13:30-14:30 Presentation: "Future of the Japanese Financial System"

Panel Discussion: "A Wish List for the Japanese Financial System - what is it lacking?"


16:50-17:00 Closing Remarks:

* The agenda is subject to change.