Japanese financial institutions are increasingly extending their overseas operations and making alliances with a wide variety of businesses, including so-called FinTech firms, to offer new services to customers. Conclusion Today, I have talked about the positive changes in Japan's economy and future challenges from a somewhat longer-term perspective.
Hopefully you have gained the impression that Japan's economy has continued to grow after the "lost two decades." Women and seniors' labor participation as well as firms' initiatives to increase labor-saving investment have offset the negative impact of the declining population. However, the declining and aging population will continue to weigh on Japan's economy.