Japanese authorities are promoting the domestic corporate bond market as an alternative for firms seeking funding without losing control
Demand for funds to finance not only capital investment projects but also the rationalisation of industry structures can outstrip supply. Moves Japan is making now to meet this deficit without losing control over the restructuring process could influence financial development more widely in Asia.
The Ministry of Economy, Trade and Industry has formed a panel to draft an enabling strategy, according to a report in The Japan Times on April 11. It did so in the belief that more risk capital will be needed, in line with a surge in mergers and acquisitions in Japan.
Source: News - South China Morning Post
