Figures for wage growth before the January-March quarter of 1991 are for establishments with 30 or more employees, while figures from that quarter onward are for establishments with 5 or more employees. Sources: Bank of Japan; Consensus Economics Inc., "Consensus Forecasts"; Ministry of Internal Affairs and Communications; Ministry of Health, Labour and Welfare. 3  Chart 4  I.
The amendment is a step in the right direction. However, it does not solve the problem; there are still SIFIs for which the requirements are not sufficiently high for the institutions to be recapitalised and continued in a crisis situation. Furthermore, the problem with the current requirement for mortgage credit institutions is that it is not risk-sensitive. The MREL is.