Financial institutions also have an important role to play in helping the corporate sector to develop the new businesses that will underpin Japan’s future economy, while at the same time supporting ailing business firms. Regional financial institutions in particular are expected to play an active role in generating new businesses in their region.
We observe the first shoots of new regional businesses in a variety of areas: biotechnology and other advanced technologies, new industrial clusters linked to recycling and other environment-related technologies, as well as regional city revival, sightseeing, medical care, and nursing services. To strengthen such trends, regional financial institutions are expected to play a new role in their regions.