There is a view that, as long as the trend of current account surplus is maintained, Japan can continue to accumulate net external assets, which currently total about  6  BIS central bankers’ speeches  250 trillion yen.
What I have discussed so far is declining financial and economic activity in the phase of an economic downturn. In the phase of an economic expansion, the opposite phenomenon may occur. For example, if capital increases due to an accumulation of profits reflecting an economic expansion, the risk-taking capability of financial institutions will increase.