Introduction of fixed asset impairment accounting My bottom line thinking is as I have explained so far, and now I would like to consider challenges for financial institution management from different viewpoints such as the accounting system, which is a financial system infrastructure, and also strengthening the profitability of financial institutions.
The precise amount of NPLs has always been a matter of debate, and thus various improvements have been made such as clarification of the definition of NPLs and also the recognition process centering on the introduction of self-assessment. However, for financial institutions to precisely grasp detailed conditions of borrowers, it is imperative that balance sheets correctly reflect their financial conditions.